Plan Ledger DOL Form 5500 · updated monthly

Starr Restaurant Organization, L.P.401(k)

STARR RESTAURANTS 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
2.29%

Starr Restaurant Organization, L.P. reported $72,459 in plan administrative expenses for 2024: 2.29% of average plan assets, higher than ~90% of peers. 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 10 years on file its reported administrative ratio rose from 0.69% to 2.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Pennsylvania (3,108th of 3,651), and the 1,118th of 2,240 in accommodation & food services. active participation has grown from 2,773 to 4,947 since 2014.

Plan summary
Net assets, end of year$3,469,974
Participants with balances582
Active participants4,947
Employer contributions—
Employee contributions$778,589
Employer contribution per active participant—
Average account balance$5,962
Benefits paid to participants$585,741
Plan auditUnmodified (clean) audit opinion
Plan history10
Yearassets · accounts · employer contribution
2024$3.5M · 582 accts
2023$2.9M · 689 accts
2022$2.1M · 747 accts
2020$2.1M · 1,290 accts · $99K emplr
2019$1.8M · 1,167 accts · $94K emplr
2018$1.3M · 86 accts
2017$1.2M · 79 accts
2016$639K · 65 accts
2015$390K · 66 accts
2014$175K · 70 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,459
Total administrative$72,459
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,459
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history10
2024$72,459 · 2.29%
2023$45,127 · 1.81%
2022$25,431 · 1.11%
2020$19,432 · 1.00%
2019$15,551 · 1.01%
2018$9,384 · 0.75%
2017$9,695 · 1.06%
2016$6,164 · 1.20%
2015$4,137 · 1.46%
2014$1,214 · 0.69%
Same employer
Similar plansAccommodation & Food Services · Pennsylvania
Primo #1 in Produce, Inc. PA$4.1M · 0.35%
Serve U Brands, Inc. PA$3.8M · 0.69%
Isaac's Deli, Inc. PA$3.7M · 1.52%
P.D.M. Company, Inc. PA$3.1M · 0.02%
Northeast Concepts, Inc. PA$2.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201918702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.