Plan Ledger DOL Form 5500 · updated monthly

Restaurant Technologies, Inc.401(k)

RESTAURANT TECHNOLOGIES, INC. & SUBSIDIARIES 401(K) PLAN · MENDOTA HEIGHTS, MN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Restaurant Technologies, Inc. reported $211,982 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,326 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 0.36% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 377th-largest of 1,918 plans among Minnesota employers on file, and the 597th of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,924,398
Participants with balances1,710
Active participants1,387
Employer contributions$4,613,084
Employee contributions$8,014,625
Employer contribution per active participant$3,326
Average account balance$40,891
Benefits paid to participants$9,301,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 1,710 accts · $4.6M emplr
2023$58.3M · 1,895 accts · $3.7M emplr
2022$44.4M · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,482
Investment management$8,500
Total administrative$211,982
The Restaurant Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,326
Median for plans this size$3,635
2024$3,326 per active participant
2023$2,727 per active participant
2022$1,892 per active participant

Restaurant Technologies, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SAGEVIEW ADVISORY GROUP, LLC · Investment management$8,500

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$211,982 · 0.33%
2023$163,329 · 0.32%
2022$166,991 · 0.36%
Same employer
Similar plansWholesale Trade · Minnesota
Lifecore Biomedical Inc. MN$81.7M · 0.08%
Goodin Company MN$74.3M · 0.06%
Sps Companies, Inc. MN$73.4M · 0.00%
Productivity, Inc. MN$58.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411873256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.