TM Restaurant Group, LLC 401(k) Review & Grade
Tmrg 401(k) Plan
Alpharetta, GAAccommodation & Food Services2,492 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$76Employer $ per active participant
$161Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$3.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.6 / 5021th percentile for employer $ per participant
- Low cost21.4 / 2586th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 159th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score33 / 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 | 21th |
| Lower admin cost | 86th |
| Employee saving | 9th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,805 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- TM Restaurant Group put in about $76 per active participant, below the typical peer ($266). 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.
- 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 | $190,498 |
| Participant (employee) contributions | $401,147 |
| Other contributions (incl. rollovers in) | $75,203 |
| Administrative expenses paid from the plan | $1,575 |
| Benefits paid out | $450,182 |
| Net assets, start / end of year | $2.6M / $3.1M |
| Active participants, start / end of year | 1,530 / 3,453 |
| Participants with account balances | 92 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014112112NAL0001277763001, received 2025-10-14, EIN 90-0850479, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.