Plan Ledger DOL Form 5500 · updated monthly

Zullas, Lc401(k)

CAFE ZUPAS EMPLOYEE RETIREMENT PLAN · SANDY, UT · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Zullas, Lc reported $48,219 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $241 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 1 year on file its reported administrative ratio fell from 1.86% to 1.41%. 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 Utah (654th of 848), and the 1,035th of 2,240 in accommodation & food services. In 2024, employees put in $5.49 for every $1.00 the employer contributed; active participation has grown from 450 to 538 since 2022.

Plan summary
Net assets, end of year$3,920,172
Participants with balances1,026
Active participants538
Employer contributions$129,875
Employee contributions$712,739
Employer contribution per active participant$241
Average account balance$3,821
Benefits paid to participants$263,313
Plan auditUnmodified (clean) audit opinion
AuditorLARSON AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 1,026 accts · $130K emplr
2023$2.9M · 715 accts · $117K emplr
2022$2.3M · 599 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,867
Investment management$14,352
Total administrative$48,219
The Zullas, Lc 401(k) match · 2024
Employer contribution per active participant$241
Median for plans this size$1,313
2024$241 per active participant
2023$249 per active participant
2022$243 per active participant

Zullas, Lc'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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$48,219 · 1.41%
2023$48,418 · 1.86%
2022Not separately reported
Same employer
Similar plansAccommodation & Food Services · Utah
Cafe Rio, Inc. UT$16.7M · 0.74%
Peek Travel Inc. UT$6.4M · 0.39%
Mountain West Brands, LLC UT$4.7M · 0.04%
Salt Lake Brewing Co., Lc UT$4.2M · 0.75%
H.B. Boys L.C. UT$3.5M · 1.42%
Utah Del Inc UT$2.1M · 0.07%
Cv Holdings Lc UT$1.7M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201704436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.