Plan Ledger DOL Form 5500 · updated monthly

Tgi Friday's Inc.401(k)

TGI FRIDAY'S 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Tgi Friday's Inc. reported $148,594 in plan administrative expenses for 2023: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $330 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 0.24% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 982nd-largest of 5,688 plans among Texas employers on file, and the 131st of 2,240 in accommodation & food services. In 2023, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 4,171 to 3,189 since 2022.

Plan summary
Net assets, end of year$55,343,940
Participants with balances943
Active participants3,189
Employer contributions$1,051,799
Employee contributions$2,249,683
Employer contribution per active participant$330
Average account balance$58,689
Benefits paid to participants$4,998,684
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.3M · 718 accts · $731K emplr
2023$55.3M · 943 accts · $1.1M emplr
2022$48.9M · 1,006 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$91,053
Investment management$33,391
Audit (IQPA)$24,150
Total administrative$148,594
The Tgi Friday's Inc. 401(k) match · 2023
Employer contribution per active participant$330
Median for plans this size$3,659
2024$547 per active participant
2023$330 per active participant
2022$262 per active participant

Tgi Friday's Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,053
HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$33,391
CLIFTONLARSONALLEN LLP · Accounting / audit$24,150

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

Administrative cost history3
2024$150,540 · 0.28%
2023$148,594 · 0.29%
2022$130,714 · 0.24%
Same employer
Similar plansAccommodation & Food Services · Texas
Raising Cane's USA, LLC TX$108.4M · 0.08%
Remington Hotels, LLC TX$90.0M · 0.41%
G6 Hospitality, LLC TX$78.1M · 0.15%
Cr Employment, Inc. TX$55.8M · 0.10%
The Houstonian Campus, LLC TX$53.9M · 0.22%
Pappas Restaurants, Inc. TX$51.3M · 0.15%
Pizza Properties, Inc. TX$37.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132677117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.