Plan Ledger DOL Form 5500 · updated monthly

Restaurant Enterprises, Inc.401(k)

RESTAURANT ENTERPRISES 401(K) PLAN · HUNTINGTON, WV · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

Restaurant Enterprises, Inc. reported $22,383 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $122 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in West Virginia (225th of 265), and 1,289th of 2,240 in accommodation & food services. In 2022, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,597,283
Participants with balances30
Active participants185
Employer contributions$22,494
Employee contributions$52,880
Employer contribution per active participant$122
Average account balance$86,576
Benefits paid to participants$68,249
Plan auditUnmodified (clean) audit opinion
AuditorSUTTLE & STALNAKER, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,635
Investment management$7,748
Total administrative$22,383
The Restaurant Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$122
Median for plans this size$1,114

Restaurant Enterprises, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,383 · 0.80%
Similar plansAccommodation & Food Services · West Virginia
Ginos Distributing, Inc. WV$9.4M · 0.64%
Taco Casa, Inc. AL$2.6M · 0.46%
Denco Family, Inc. CA$2.6M · 1.44%
Ryan Development LLC MA$2.6M · 0.71%
Cocoa Beach Motel, Inc. FL$2.6M · 0.84%
Fort Smith 3, Inc. AR$2.6M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550754899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.