Plan Ledger DOL Form 5500 · updated monthly

Toms King Services, LLC401(k)

TOMS KING SERVICES 401(K) PLAN · PALATINE, IL · plan year 2022

Reported admin expense ratio · 2022
1.30%

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

Toms King Services, LLC reported $23,472 in plan administrative expenses for 2022: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,411th of 3,702), and 1,551st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,579,997
Participants with balances331
Active participants923
Employer contributions$0
Employee contributions$243,524
Employer contribution per active participant$0
Average account balance$4,773
Benefits paid to participants$347,940
Plan auditDisclaimer of opinion
AuditorTURNER, STONE & COMPANY, L.L.P.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,472
Total administrative$23,472
The Toms King Services, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Toms King Services, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,472 · 1.30%
Similar plansAccommodation & Food Services · Illinois
Newtel Management LLC IL$2.0M · 0.62%
Vpc Pizza Management, LLC IL$1.8M · 1.01%
Grg Holdings LLC IL$1.6M · 0.25%
Jann Restaurant, Inc. IL$1.3M · 1.08%
Hendrick Dorms, Inc. IL$1.2M · 1.21%
Rosebud Restaurants, Inc. IL$1.2M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800789044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.