Plan Ledger DOL Form 5500 · updated monthly

Whataburger Restaurants LLC401(k)

WHATABURGER 401(K) SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Whataburger Restaurants LLC reported $1,275,184 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $275 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 0.36% to 0.51%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 324th-largest of 5,688 plans among Texas employers on file, and the 37th of 2,240 in accommodation & food services. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$261,963,127
Participants with balances9,665
Active participants39,507
Employer contributions$10,874,314
Employee contributions$21,139,920
Employer contribution per active participant$275
Average account balance$27,104
Benefits paid to participants$30,856,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$262.0M · 9,665 accts · $10.9M emplr
2023$235.8M · 10,199 accts · $4.3M emplr
2022$215.0M · 9,796 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,114,694
Investment management$59,708
Audit (IQPA)$20,738
Total administrative$1,275,184
The Whataburger Restaurants LLC 401(k) match · 2024
Employer contribution per active participant$275
Median for plans this size$3,635
2024$275 per active participant
2023$112 per active participant
2022$106 per active participant

Whataburger Restaurants LLC's 2024 employer contribution ran below the $3,635 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 · 20246
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,114,693
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$59,708
BARNES & THORNBURG LLP · Consulting$39,045
COOK STREET CONSULTING, INC · Investment advisory (plan)$30,750
BKD, LLP · Accounting / audit$20,738
MILLIMAN, INC. · Investment advisory (plan)$10,250

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

Administrative cost history3
2024$1,275,184 · 0.51%
2023$1,131,330 · 0.50%
2022$874,754 · 0.36%
Same employer
Similar plansAccommodation & Food Services · Texas
Brinker International, Inc. TX$564.6M · 0.14%
Aimbridge Parent, Inc TX$470.1M · 0.13%
Aimbridge Parent, Inc TX$424.1M · 0.16%
Sky Chefs, Inc. TX$256.7M · 0.20%
Fertitta Entertainment, Inc. TX$181.4M · 0.36%
Highgate Hotels, L.P. TX$171.0M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 301199687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.