Bottleneck Management Restaurant Group 401(k) Review & Grade
Bottleneck Management Restaurant Group 401(k) P/S Plan
Chicago, ILAdministrative, Support & Staffing Services798 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$154Employer $ per active participant
$422Employee $ saved per active participant
1.24%Direct admin cost, % of plan assets
$2.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.4 / 5025th percentile for employer $ per participant
- Low cost1.0 / 254th percentile for low admin cost vs. same-size plans
- Employee saving2.6 / 1518th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score16 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 4th |
| Employee saving | 18th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $74,930 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bottleneck Management Restaurant Group put in about $154 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.24% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $122,787 |
| Participant (employee) contributions | $336,484 |
| Other contributions (incl. rollovers in) | $82,453 |
| Administrative expenses paid from the plan | $31,719 |
| Contract administrator fees | $15,838 |
| Investment advisory & management fees | $15,881 |
| Benefits paid out | $340,305 |
| Net assets, start / end of year | $2.3M / $2.8M |
| Active participants, start / end of year | 895 / 700 |
| Participants with account balances | 180 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Forest Capital Management Co | $15,881 reported compensation |
| Ascensus LLC | $15,838 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002162342NAL0000705297001, received 2025-10-02, EIN 26-3762264, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.