Plan Ledger DOL Form 5500 · updated monthly

Best Chairs, Inc.401(k)

BEST HOME FURNISHINGS 401(K) SAVINGS PLAN · FERDINAND, IN · plan year 2024

Reported admin expense ratio · 2024
0.17%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Best Chairs, Inc. reported $122,454 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $974 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.165%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 188th-largest of 1,562 plans among Indiana employers on file, and the 2,299th of 13,661 in manufacturing. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,947,091
Participants with balances886
Active participants772
Employer contributions$751,577
Employee contributions$2,460,942
Employer contribution per active participant$974
Average account balance$86,848
Benefits paid to participants$6,191,262
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.9M · 886 accts · $752K emplr
2023$71.2M · 867 accts · $740K emplr
2022$62.4M · 919 accts · $781K emplr
The Best Chairs, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$3,635
2024$974 per active participant
2023$959 per active participant
2022$953 per active participant

Best Chairs, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$82,453
OLD NATIONAL WEALTH MANAGEMENT · Investment advisory (plan)$40,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$122,454 · 0.17%
2023$131,445 · 0.20%
2022$118,732 · 0.17%
Same employer
Similar plansManufacturing · Indiana
Jayco, Inc. IN$87.3M · 0.06%
Accuride Corporation IN$77.9M · 0.17%
Draper, Inc. IN$77.5M · 0.09%
Vera Bradley Designs, Inc. IN$76.6M · 0.32%
Immi Holdings, Inc IN$76.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351075512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.