Plan Ledger DOL Form 5500 · updated monthly

Quality Dining, Inc.401(k)

QUALITY DINING, INC. RETIREMENT PLAN & TRUST · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Quality Dining, Inc. reported $61,619 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $438 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 3 years on file its reported administrative ratio has held roughly steady near 0.280%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 504th-largest of 1,562 plans among Indiana employers on file, and the 260th of 2,240 in accommodation & food services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 1,441 to 1,117 since 2022.

Plan summary
Net assets, end of year$23,250,342
Participants with balances295
Active participants1,117
Employer contributions$488,688
Employee contributions$983,703
Employer contribution per active participant$438
Average account balance$78,815
Benefits paid to participants$1,972,513
Plan auditUnmodified (clean) audit opinion
AuditorAPPLEGATE AND COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 295 accts · $489K emplr
2023$20.7M · 315 accts · $460K emplr
2022$17.8M · 331 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,199
Investment management$26,420
Total administrative$61,619
The Quality Dining, Inc. 401(k) match · 2024
Employer contribution per active participant$438
Median for plans this size$2,416
2024$438 per active participant
2023$531 per active participant
2022$305 per active participant

Quality Dining, Inc.'s 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$35,199
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$26,420

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

Administrative cost history3
2024$61,619 · 0.28%
2023$51,695 · 0.27%
2022$56,886 · 0.28%
Same employer
Similar plansAccommodation & Food Services · Indiana
Hotspur Resorts Nevada LTD. NV$23.4M · 0.10%
Valluzzo Companies, LLC LA$23.3M · 0.77%
Remarkable Foods, Inc. NY$23.0M · 0.10%
Ivar's, Inc. WA$22.9M · 0.42%
Ayres Management L.P. CA$22.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351804902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.