Cunningham Restaurant Group LLC 401(k) Review & Grade
Cunningham Restaurant Group LLC 401(k) Retirement Plan
Indianapolis, INAccommodation & Food Services704 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$440Employer $ per active participant
$644Employee $ saved per active participant
1.63%Direct admin cost, % of plan assets
$1.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity33.8 / 5068th percentile for employer $ per participant
- Low cost0.5 / 252th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 2th |
| Employee saving | 39th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cunningham Restaurant Group put in about $440 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (1.63% 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 | $309,656 |
| Participant (employee) contributions | $453,968 |
| Other contributions (incl. rollovers in) | $116,556 |
| Administrative expenses paid from the plan | $18,600 |
| Benefits paid out | $96,038 |
| Net assets, start / end of year | $694,758 / $1.6M |
| Active participants, start / end of year | 712 / 697 |
| Participants with account balances | 156 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250703122333NAL0000207315001, received 2025-07-03, EIN 27-4749749, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.