Plan Ledger DOL Form 5500 · updated monthly

Velvet Taco, Inc.401(k)

VELVET TACO 401(K) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
1.70%

Velvet Taco, Inc. reported $1,542 in plan administrative expenses for 2022: 1.70% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,636th of 5,688), and 2,148th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$90,665
Participants with balances37
Active participants265
Employer contributions—
Employee contributions$97,453
Employer contribution per active participant—
Average account balance$2,450
Benefits paid to participants$4,327
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,542
Total administrative$1,542
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$1,542 · 1.70%
Same employer
Similar plansAccommodation & Food Services · Texas
Lala Land Kind Cafe TX$136K · 0.18%
Tacos Don Cuco TX$135K · 0.83%
Golf Suites Inc. TX$43K · 14.87%
Tasty Dlites, LLC TX$31K · 5.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813520784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.