FCH Enterprises, Inc. 401(k) Review & Grade
Zippy's 401(k) Profit Sharing Plan · d/b/a Zippy's Restaurants
Honolulu, HIAccommodation & Food Services984 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$593Employer $ per active participant
$2,239Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$44.6MNet plan assets, end of year
$59,475Average balance per account
Score breakdown
- Employer generosity38.2 / 5076th percentile for employer $ per participant
- Low cost9.0 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving13.0 / 1587th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score53 / 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 | 76th |
| Lower admin cost | 36th |
| Employee saving | 87th |
| Peers that auto-enroll | 17% |
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 ($557,446 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- FCH Enterprises put in about $593 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.
- 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 | $583,944 |
| Participant (employee) contributions | $2,202,789 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $146,533 |
| Contract administrator fees | $3,153 |
| Other admin expenses | $327 |
| Benefits paid out | $4,485,506 |
| Net assets, start / end of year | $41.3M / $44.6M |
| Active participants, start / end of year | 1,008 / 960 |
| Participants with account balances | 750 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kkdly LLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $165,116 reported compensation |
| LPL Financial | $55,537 reported compensation |
| Suemori & Inouye, Inc. | $24,296 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260413210319NAL0023337792001, received 2026-04-13, EIN 99-0115806, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.