Parry's Pizzeria and Bar, LLC 401(k) Review & Grade
Parry's Pizza 401(k) Plan
Centennial, COAccommodation & Food Services614 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$317Employer $ per active participant
$467Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$1.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity27.5 / 5055th percentile for employer $ per participant
- Low cost19.0 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score51 / 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 | 55th |
| Lower admin cost | 76th |
| Employee saving | 28th |
| 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
- Parry's Pizzeria and Bar put in about $317 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $194,441 |
| Participant (employee) contributions | $286,730 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $1,360 |
| Benefits paid out | $52,846 |
| Net assets, start / end of year | $1.2M / $1.8M |
| Active participants, start / end of year | 615 / 612 |
| Participants with account balances | 73 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250729080628NAL0006777522001, received 2025-07-29, EIN 82-1447022, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.