Plan Ledger DOL Form 5500 · updated monthly

Tavistock Restaurants Group, LLC401(k)

TAVISTOCK RESTAURANT COLLECTION AND FREEBIRDS 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
1.70%

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

Tavistock Restaurants Group, LLC reported $154,445 in plan administrative expenses for 2024: 1.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2 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 1.18% to 1.70%. 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 the 1,786th-largest of 3,644 plans among Florida employers on file, and the 556th of 2,240 in accommodation & food services. In 2024, employees put in $1133.03 for every $1.00 the employer contributed; active participation has grown from 1,302 to 1,524 since 2022.

Plan summary
Net assets, end of year$9,957,786
Participants with balances2,123
Active participants1,524
Employer contributions$2,877
Employee contributions$3,259,729
Employer contribution per active participant$2
Average account balance$4,690
Benefits paid to participants$2,604,785
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $938 emplr
2024$10.0M · 2,123 accts · $3K emplr
2023$8.2M · 2,447 accts · $374 emplr
2022$5.1M · 811 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,845
Investment management$15,000
Audit (IQPA)$12,600
Total administrative$154,445
The Tavistock Restaurants Group, LLC 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$1,313
2024$2 per active participant
2023$0 per active participant

Tavistock Restaurants Group, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$126,845
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$15,000
PENSION ASSURANCE · Accounting / audit$12,600

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

Administrative cost history4
2025Not separately reported
2024$154,445 · 1.70%
2023$83,459 · 1.25%
2022$67,397 · 1.18%
Similar plansAccommodation & Food Services · Florida
Briggs Management LLC FL$11.4M · 0.35%
Travel Traders Hotels Inc FL$11.2M · 0.35%
Carmines Bakery LLC FL$9.6M · 0.20%
Imcmv Holdings, Inc. FL$9.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454725801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.