Tri-Arc Food Systems, Inc.401(k)
TRI-ARC FOOD SYSTEMS, INC. 401K PLAN · RALEIGH, NC · plan year 2023
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Tri-Arc Food Systems, Inc. reported $39,515 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $763 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 0.28% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 918th-largest of 2,005 plans among North Carolina employers on file, and the 433rd of 2,240 in accommodation & food services. In 2023, employees put in $5.18 for every $1.00 the employer contributed; active participation has shrunk from 883 to 313 since 2022.
Tri-Arc Food Systems, Inc.'s 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 561244973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.