Shoney's of Knoxville, Inc.401(k) + ESOP (KSOP)
SHONEY'S OF KNOXVILLE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · KNOXVILLE, TN · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Shoney's of Knoxville, Inc. reported $1,998 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,487 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 fell from 0.06% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (793rd of 1,496), and the 509th of 2,240 in accommodation & food services. In 2022, the employer put in $8.02 for every $1.00 employees contributed themselves.
Shoney's of Knoxville, Inc.'s 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 620692282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.