Donatos Pizzeria, LLC 401(k) Review & Grade
Donatos Pizzeria 401(k) Plan
Columbus, OHAccommodation & Food Services901 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$565Employer $ per active participant
$1,225Employee $ saved per active participant
0.66%Direct admin cost, % of plan assets
$19.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity36.9 / 5074th percentile for employer $ per participant
- Low cost3.7 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 15th |
| Employee saving | 69th |
| 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
- Donatos Pizzeria put in about $565 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 (0.66% 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 | $508,752 |
| Participant (employee) contributions | $1,103,725 |
| Other contributions (incl. rollovers in) | $2,677 |
| Administrative expenses paid from the plan | $122,100 |
| Investment advisory & management fees | $86,845 |
| Benefits paid out | $2,696,530 |
| Net assets, start / end of year | $17.9M / $19.1M |
| Active participants, start / end of year | 946 / 856 |
| Participants with account balances | 265 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whalen CPA |
Largest service providers (Schedule C)
| Everhart Financial Group Inc Everha | $86,845 reported compensation |
| Empower Annuity Insurance Company O | $35,255 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007145212NAL0004751521001, received 2025-10-07, EIN 30-0233826, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.