Plan Ledger DOL Form 5500 · updated monthly

Wenesco Restaurant Systems Inc401(k)

WENESCO RESTAURANT SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Wenesco Restaurant Systems Inc reported $29,843 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $599 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 0.470%. 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 Jersey (1,733rd of 2,419), and the 730th of 2,240 in accommodation & food services. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 309 to 391 since 2022.

Plan summary
Net assets, end of year$7,018,960
Participants with balances287
Active participants391
Employer contributions$234,056
Employee contributions$419,299
Employer contribution per active participant$599
Average account balance$24,456
Benefits paid to participants$301,019
Plan auditUnmodified (clean) audit opinion
AuditorCAMACHO & CAMACHO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 287 accts · $234K emplr
2023$5.7M · 267 accts · $225K emplr
2022$4.2M · 254 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,467
Investment management$12,516
Trustee / custodial$860
Total administrative$29,843
The Wenesco Restaurant Systems Inc 401(k) match · 2024
Employer contribution per active participant$599
Median for plans this size$1,313
2024$599 per active participant
2023$670 per active participant
2022$703 per active participant

Wenesco Restaurant Systems 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
PAYCHEX, INC. · Recordkeeping$16,433
OMNI 360 WEALTH INC · Investment advisory (participants)$12,516

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

Recordkeeper by year2
2024Paychex
2023PFG FINANCIAL PLANNING, Paychex

This plan has changed recordkeepers within these filings. If you left Wenesco Restaurant Systems Inc 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$29,843 · 0.47%
2023$22,481 · 0.45%
2022$21,097 · 0.47%
Similar plansAccommodation & Food Services · New Jersey
Dgmb Casino, LLC NJ$12.0M · 0.94%
Nuop Corporation NJ$10.2M · 0.74%
Hotels Unlimited, Inc. NJ$9.5M · 0.45%
Market Basket NJ$9.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222854376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.