Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Checkers Drive-in Restaurants
Checkers Drive-in Restaurants 401(k)
- Accommodation and food services
- Tampa, FL
- EIN 58-1654960
- 1 plan with Schedule H financials
- Plan year 2024
- Checkers Drive-in Restaurants, Inc.
- SEC registrant Checkers Drive in Restaurants Inc
Administrative expenses excluding investment management, per participant · Checkers Drive-in Restaurants, Inc. 401(k) Plan · plan year 2024
$72.97
Higher than 40% of the 14,713 plans $1 to 10M that report it.
Source
= $31,963 / 438
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013124805NAL0001972016001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013124805NAL0001972016001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Cost and contributions
Administrative expenses per participant
$72.97
Higher than 29% of the 15,210 plans $1 to 10M that report it.
Source
= $31,963 / 438
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013124805NAL0001972016001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013124805NAL0001972016001, received 2025-10-13
Administrative expenses as a share of assets
0.470%
Higher than 45% of the 15,243 plans $1 to 10M that report it.
Source
= $31,963 / $6,794,775
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013124805NAL0001972016001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013124805NAL0001972016001, received 2025-10-13
Employer contributions per participant
$325
Higher than 9% of the 13,342 plans $1 to 10M that report it.
Source
= $142,536 / 438
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013124805NAL0001972016001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013124805NAL0001972016001, received 2025-10-13
Employer share of total contributions
9.9%
Higher than 7% of the 13,370 plans $1 to 10M that report it.
Source
= $142,536 / $1,438,351
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013124805NAL0001972016001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013124805NAL0001972016001, received 2025-10-13
Plan terms, as stated in Checkers Drive-in Restaurants, Inc.'s SEC filings
Plan terms are described in Checkers Drive-in Restaurants, Inc.'s SEC filings: Form 10-K filed 2006-03-17. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013124805NAL0001972016001, received 2025-10-13
Full record, Checkers Drive-in Restaurants, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CHECKERS DRIVE-IN RESTAURANTS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Plan name | CHECKERS DRIVE-IN RESTAURANTS, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Sponsor EIN / plan number | 58-1654960 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Sponsor location | TAMPA, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Industry (business code) | 722511, Accommodation and food services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Participants, beginning of year | 12,440 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Active participants | 10,659 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Participants, end of year | 10,719 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Participants with an account balance | 438 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total assets, beginning of year | $5,867,858 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total assets, end of year | $6,794,775 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Net assets, end of year | $6,794,775 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total income | $2,201,990 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Net income | $926,917 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Employer contributions | $142,536 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Participant contributions | $998,855 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $296,960 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total contributions | $1,438,351 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Benefit payments | $1,101,583 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $1,275,073 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Total administrative expenses | $31,963 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Administrative expenses excluding investment management | $31,963 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Held in common/collective trusts | $39,049 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Held in mutual funds | $6,356,129 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013124805NAL0001972016001, received 2025-10-13 |
| Independent auditor | ASSURANCE DIMENSIONS | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013124805NAL0001972016001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013124805NAL0001972016001, received 2025-10-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T.ROWE PRICE RPS, INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 57 Redemption fees; 59 Shareholder servicing fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $31,963 | yes |
| FRANKLIN TEMPLETON | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| MFS FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| AMERICAN CENTURY INVESTMENT MANAGEM | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| GOLDMAN SACH FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| ALLSPRING GLOBAL FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| PIMCO FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| AMERICAN FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| LEGG MASON | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| JP MORGAN FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| FIDELITY | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| JANUS FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
| BLACKROCK FUNDS | NONE | 28 Investment management; 59 Shareholder servicing fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013124805NAL0001972016001, received 2025-10-13.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,867,858 | $6,794,775 | 15.8% |
| Participants with a balance | 475 | 438 | -7.8% |
| Administrative expenses | $20,627 | $31,963 | 55.0% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | not reported | $142,536 |
Prior filing 20241011110556NAL0021726737001, received 2024-10-11; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CHECKERS DRIVE-IN RESTAURANTS, INC.; SEC registrant: CHECKERS DRIVE IN RESTAURANTS INC /DE (CIK 879554, matched by EIN).