Plan Ledger DOL Form 5500 · updated monthly

Quantum Restaurants, LLC401(k)

QUANTUM RESTAURANTS, LLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Quantum Restaurants, LLC reported $754 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $345 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (1,455th of 1,496), and 1,929th of 2,240 in accommodation & food services. In 2022, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$463,011
Participants with balances35
Active participants106
Employer contributions$36,562
Employee contributions$68,168
Employer contribution per active participant$345
Average account balance$13,229
Benefits paid to participants$90,664
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$754
Total administrative$754
The Quantum Restaurants, LLC 401(k) match · 2022
Employer contribution per active participant$345
Median for plans this size$331

Quantum Restaurants, LLC's 2022 employer contribution ran above the $331 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$754 · 0.15%
Similar plansAccommodation & Food Services · Tennessee
Capstone Concepts, LLC TN$881K · 0.44%
Hot & Spicy Holdings, LLC TN$532K · 1.71%
Back Yard Burgers TN$166K · 3.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822974529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.