Plan Snapshot
- Plan Sponsor: Cava Holding Company, A Delaware Corporation
- Sponsor EIN: 473426661
- Sponsor Address: 14 RIDGE SQUARE NW, WASHINGTON, DC, 20016
- Plan Type: 401(k)
- Total Participants: 10,469
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,469 | $18.4M | $324,381 | $2.7M |
| 2023 | 6,325 | $14.0M | $266,098 | $2.3M |
| 2022 | 4,608 | $10.1M | $230,265 | $2.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $178,115 | — | $178,115 |
| WILMINGTON TRUST NATIONAL ASSOC | Investment Advisor | $37,377 | — | $37,377 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $7,484 | — | $7,484 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $222,976
- Estimated Expense Ratio: 1.209% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $222,976 | $44,861 | — | — | — |
| 2023 | $167,011 | $32,318 | — | — | — |
| 2022 | $198,218 | $1,889 | — | — | — |