Plan Ledger DOL Form 5500 · updated monthly

Wendy's of Colorado Springs, Inc.401(k)

WENDY'S OF COLORADO SPRINGS 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Wendy's of Colorado Springs, Inc. reported $95,321 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $96 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 3 years on file its reported administrative ratio has held roughly steady near 1.09%. 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 Colorado (831st of 1,461), and the 604th of 2,240 in accommodation & food services. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,186,044
Participants with balances292
Active participants4,935
Employer contributions$474,269
Employee contributions$991,631
Employer contribution per active participant$96
Average account balance$31,459
Benefits paid to participants$1,569,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 292 accts · $474K emplr
2023$8.3M · 251 accts · $428K emplr
2022$6.9M · 261 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,321
Total administrative$95,321
The Wendy's of Colorado Springs, Inc. 401(k) match · 2024
Employer contribution per active participant$96
Median for plans this size$1,313
2024$96 per active participant
2023$84 per active participant
2022$86 per active participant

Wendy's of Colorado Springs, 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 · 20244
RPG CONSULTANTS · Recordkeeping · Pension consulting$46,378
EXPAND FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$19,501
PRECISION WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$18,931
CHARLES SCHWAB TRUST BANK · Custodial (securities)$6,553

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024RPG CONSULTANTS
2023RPG CONSULTANTS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$95,321 · 1.09%
2023$87,913 · 1.15%
2022$82,487 · 1.11%
Same employer
Similar plansAccommodation & Food Services · Colorado
Hotelengine, Inc. CO$18.2M · 0.13%
Tsg Ski and Golf, LLC CO$15.9M · 0.49%
Sonnenalp Properties Inc. CO$10.3M · 0.02%
Resort Group, LLC CO$6.6M · 0.92%
Princeton Holdings, LLC CO$6.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840706429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.