Chicken N Pickle LLC 401(k) Review & Grade
Chicken N Pickle LLC 401(k) Profit Sharing Plan & Trust
North Kansas City, MOArts, Entertainment & Recreation1,104 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$300Employer $ per active participant
$558Employee $ saved per active participant
1.23%Direct admin cost, % of plan assets
$1.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity9.8 / 5020th percentile for employer $ per participant
- Low cost1.0 / 254th percentile for low admin cost vs. same-size plans
- Employee saving1.4 / 159th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-15 pts2 issues reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 4th |
| Employee saving | 9th |
| Peers that auto-enroll | 38% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($17,040 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Chicken N Pickle put in about $300 per active participant, below the typical peer ($995). 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 (1.23% 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $331,566 |
| Participant (employee) contributions | $616,705 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $19,771 |
| Contract administrator fees | $10,816 |
| Investment advisory & management fees | $8,095 |
| Benefits paid out | $465,895 |
| Net assets, start / end of year | $1.3M / $1.9M |
| Active participants, start / end of year | 1,055 / 1,154 |
| Participants with account balances | 350 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Peggy S. Edge, CPA LLC |
Largest service providers (Schedule C)
| Paychex, Inc. | $10,063 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015092933NAL0002082707001, received 2025-10-15, EIN 47-4702124, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.