Plan Ledger DOL Form 5500 · updated monthly

Tasty Chickn, LLC401(k)

TASTY CHICK'N, LLC RETIREMENT PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
5.26%

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

Tasty Chickn, LLC reported $70,507 in plan administrative expenses for 2024: 5.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $147 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 rose from 0.21% to 5.26%. 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 Texas (5,050th of 5,688), and 1,530th of 2,240 in accommodation & food services. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has grown from 790 to 1,385 since 2022.

Plan summary
Net assets, end of year$1,628,432
Participants with balances1,342
Active participants1,385
Employer contributions$203,110
Employee contributions$739,931
Employer contribution per active participant$147
Average account balance$1,213
Benefits paid to participants$397,652
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 1,342 accts · $203K emplr
2023$1.1M · 736 accts · $129K emplr
2022$540K · 236 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,507
Total administrative$70,507
The Tasty Chickn, LLC 401(k) match · 2024
Employer contribution per active participant$147
Median for plans this size$1,313
2024$147 per active participant
2023$148 per active participant
2022$52 per active participant

Tasty Chickn, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$70,506
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY WEALTH MANAGEMENT · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,507 · 5.26%
2023$22,688 · 2.85%
2022$1,153 · 0.21%
Similar plansAccommodation & Food Services · Texas
Grissett Enterprises LLC TX$1.8M · 0.02%
Palafox Hospitality, LTD. TX$1.7M · 0.57%
Dkt Investments, LTD. TX$1.7M · 0.21%
Pinthouse Pizza, LLC TX$1.6M · 1.51%
Odessa Enterprises Inc TX$1.5M · 1.75%
San Antonio Wings, Inc. TX$1.5M · 0.17%
Leon Springs Gas, LLC TX$1.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872541743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.