Restaurant Partners Management401(k)
RESTAURANT PARTNERS MANAGEMENT RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Restaurant Partners Management reported $2,092 in plan administrative expenses for 2024: 0.38% of average plan assets, lower than ~75% of peers. Employer contributions averaged $132 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 2 years on file its reported administrative ratio fell from 0.68% to 0.38%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,524th of 2,619), and 1,850th of 2,240 in accommodation & food services. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 503 to 561 since 2022.
Restaurant Partners Management's 2024 employer contribution ran below the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 832623210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.