Plan Ledger DOL Form 5500 · updated monthly

Tullys Good Times Family Inc.401(k)

TULLY'S GOOD TIMES FAMILY INC. 401(K) PLAN · EAST SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Tullys Good Times Family Inc. reported $44,306 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $236 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 fell from 1.59% to 1.29%. 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 among the smaller plans on file in New York (4,710th of 5,648), and the 1,053rd of 2,240 in accommodation & food services. In 2024, employees put in $4.08 for every $1.00 the employer contributed; active participation has grown from 407 to 538 since 2022.

Plan summary
Net assets, end of year$3,815,281
Participants with balances210
Active participants538
Employer contributions$127,182
Employee contributions$518,921
Employer contribution per active participant$236
Average account balance$18,168
Benefits paid to participants$244,986
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 210 accts · $127K emplr
2023$3.1M · 196 accts · $119K emplr
2022$2.4M · 196 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,551
Investment management$39,755
Total administrative$44,306
The Tullys Good Times Family Inc. 401(k) match · 2024
Employer contribution per active participant$236
Median for plans this size$1,313
2024$236 per active participant
2023$230 per active participant
2022$252 per active participant

Tullys Good Times Family Inc.'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 · 20242
ADP, INC. · Recordkeeping$31,362
CARSWELL INVESTMENTS, LLC · Recordkeeping · Trustee$12,943

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, CARSWELL INVESTMENTS, LLC
2023ADP, CARSWELL INVESTMENTS, LLC

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Administrative cost history3
2024$44,306 · 1.29%
2023$39,010 · 1.43%
2022$38,256 · 1.59%
Similar plansAccommodation & Food Services · New York
Common Living, Inc. NY$4.2M · 0.36%
Mighty Taco. Inc. NY$4.1M · 0.84%
Nicotra Group, LLC NY$3.8M · 0.05%
Mfpjjrt Enterprises, Inc. NY$3.7M · 0.90%
Goldbely, Inc. NY$3.6M · 0.17%
Cipriani USA Inc NY$3.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203455133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.