Hawkers Holdings, LLC DBA Hawkers Asian Street Food 401(k) Review & Grade
Hawkers Asian Street Food 401(k) Plan
Orlando, FLAccommodation & Food Services676 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$462Employer $ per active participant
$707Employee $ saved per active participant
1.19%Direct admin cost, % of plan assets
$2.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity34.5 / 5069th percentile for employer $ per participant
- Low cost1.1 / 255th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score45 / 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 | 69th |
| Lower admin cost | 5th |
| Employee saving | 44th |
| 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
- Hawkers Holdings, LLC DBA Hawkers Asian Street Food put in about $462 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 (1.19% 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 | $312,266 |
| Participant (employee) contributions | $477,820 |
| Other contributions (incl. rollovers in) | $11,822 |
| Administrative expenses paid from the plan | $23,034 |
| Benefits paid out | $407,876 |
| Net assets, start / end of year | $1.6M / $2.3M |
| Active participants, start / end of year | 707 / 645 |
| Participants with account balances | 106 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20251009155906NAL0004068115001, received 2025-10-09, EIN 46-2198823, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.