Plan Ledger DOL Form 5500 · updated monthly

Tasty King, LLC401(k)

TASTY KING, LLC RETIREMENT PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
3.24%

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

Tasty King, LLC reported $25,692 in plan administrative expenses for 2024: 3.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $166 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 2.40% to 3.24%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans. By assets it is among the smaller plans on file in Texas (5,315th of 5,688). In 2024, employees put in $4.47 for every $1.00 the employer contributed; active participation has shrunk from 632 to 496 since 2022.

Plan summary
Net assets, end of year$885,535
Participants with balances435
Active participants496
Employer contributions$82,293
Employee contributions$368,127
Employer contribution per active participant$166
Average account balance$2,036
Benefits paid to participants$298,498
Plan auditUnmodified (clean) audit opinion
AuditorFGMK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$886K · 435 accts · $82K emplr
2023$700K · 426 accts · $77K emplr
2022$406K · 373 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,692
Total administrative$25,692
The Tasty King, LLC 401(k) match · 2024
Employer contribution per active participant$166
Median for plans this size$540
2024$166 per active participant
2023$139 per active participant
2022$78 per active participant

Tasty King, LLC'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.

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$25,691
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$25,692 · 3.24%
2023$19,666 · 3.56%
2022$7,976 · 2.40%
Similar plansplans of similar size
Dynon Avionics WA$886K · 0.14%
Pacific AG, LLC OR$886K · 0.26%
Walkerhealthcareit, LLC MI$886K · 1.34%
Tgs Precision LLC TN$885K · 0.39%
Tacodeli Holdings, Inc. TX$884K · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824225709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.