Plan Ledger DOL Form 5500 · updated monthly

Wendys of Bowling Green, Inc.401(k)

WENDY'S EMPLOYEE INVESTMENT PLAN · BOWLING GREEN, KY · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Wendys of Bowling Green, Inc. reported $137,240 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $591 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 0.60% to 1.58%. 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 Kentucky (487th of 871), and the 582nd of 2,240 in accommodation & food services. In 2024, the employer put in $2.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,524,302
Participants with balances1,166
Active participants1,276
Employer contributions$753,754
Employee contributions$315,686
Employer contribution per active participant$591
Average account balance$8,168
Benefits paid to participants$580,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 1,166 accts · $754K emplr
2023$7.9M · 515 accts · $269K emplr
2022$6.0M · 832 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,240
Total administrative$137,240
The Wendys of Bowling Green, Inc. 401(k) match · 2024
Employer contribution per active participant$591
Median for plans this size$1,313
2024$591 per active participant
2023$218 per active participant
2022$230 per active participant

Wendys of Bowling Green, 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$117,342
TRINITY PENSION CONSULTANTS, INC. · Recordkeeping · Loan processing$58,065
FORVIS · Accounting / audit$21,912

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

Recordkeeper by year2
2024TRINITY PENSION CONSULTANTS, INC., Transamerica
2023TRINITY PENSION CONSULTANTS, INC., Transamerica

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

Administrative cost history3
2024$137,240 · 1.58%
2023$47,304 · 0.68%
2022$36,673 · 0.60%
Same employer
Similar plansAccommodation & Food Services · Kentucky
Aljsco Management LLC. KY$15.4M · 0.52%
Malones Holding LLC KY$13.1M · 0.36%
Musselman Hotels, LLC KY$9.9M · 0.07%
Team Holland, Inc. KY$8.6M · 0.70%
Long John Silvers, LLC KY$8.4M · 0.43%
535 Main LLC KY$5.2M · 0.49%
Franchise Management, LLC KY$4.8M · 2.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610888584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.