Plan Ledger DOL Form 5500 · updated monthly

Qsr Enterprises Grafton, Inc401(k)

QSR EXECUTIVE ENTERPRISES 401(K) PLAN · ELYRIA, OH · plan year 2024

Reported admin expense ratio · 2024
5.62%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Qsr Enterprises Grafton, Inc reported $136,394 in plan administrative expenses for 2024: 5.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $138 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 3.31% to 5.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,885th of 3,295), and 1,232nd of 2,240 in accommodation & food services. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,861,566
Participants with balances2,173
Active participants3,446
Employer contributions$476,440
Employee contributions$498,299
Employer contribution per active participant$138
Average account balance$1,317
Benefits paid to participants$341,665
Plan auditUnmodified (clean) audit opinion
AuditorSTEFANEK REGALBUTO LLC
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 2,173 accts · $476K emplr
2023$2.0M · 1,789 accts · $492K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,637
Investment management$11,757
Total administrative$136,394
The Qsr Enterprises Grafton, Inc 401(k) match · 2024
Employer contribution per active participant$138
Median for plans this size$1,313
2024$138 per active participant
2023$249 per active participant

Qsr Enterprises Grafton, Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$147,050
MML INVESTOR SVCS · Investment advisory (plan)$11,757

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$136,394 · 5.62%
2023$48,403 · 3.31%
Similar plansAccommodation & Food Services · Ohio
Bbs Mendoza LLC OH$3.4M · 0.75%
Aed Enterprises, LLC OH$3.3M · 0.93%
Calimira, LLC OH$3.0M · 0.53%
Ison Family Restaurants OH$2.8M · 0.77%
Marcos Pizza, Inc. OH$2.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522386617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.