Plan Ledger DOL Form 5500 · updated monthly

Vpc Pizza Management, LLC401(k)

GIORDANO'S 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Vpc Pizza Management, LLC reported $16,035 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $786 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 1.89% to 1.01%. 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 Illinois (3,382nd of 3,702), and 1,483rd of 2,240 in accommodation & food services. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has shrunk from 172 to 149 since 2022.

Plan summary
Net assets, end of year$1,848,322
Participants with balances141
Active participants149
Employer contributions$117,137
Employee contributions$361,680
Employer contribution per active participant$786
Average account balance$13,109
Benefits paid to participants$228,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 141 accts · $117K emplr
2023$1.3M · 155 accts · $104K emplr
2022$970K · 178 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,771
Investment management$3,264
Total administrative$16,035
The Vpc Pizza Management, LLC 401(k) match · 2024
Employer contribution per active participant$786
Median for plans this size$1,313
2024$786 per active participant
2023$756 per active participant
2022$585 per active participant

Vpc Pizza Management, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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. · Loan processing · Recordkeeping$12,770
ADP BROKER-DEALER · Other servicesindirect comp

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
2023ADP, TAG RESOURCES, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Vpc Pizza Management, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,035 · 1.01%
2023$17,177 · 1.50%
2022$16,429 · 1.89%
Same employer
Similar plansAccommodation & Food Services · Illinois
Patio Food Products, Inc. IL$2.2M · 1.28%
King Enterprises IL$2.2M · 0.03%
Newtel Management LLC IL$2.0M · 0.62%
Grg Holdings LLC IL$1.6M · 0.25%
Toms King Services, LLC IL$1.6M · 1.30%
Jann Restaurant, Inc. IL$1.3M · 1.08%
Hendrick Dorms, Inc. IL$1.2M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611665746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.