Plan Ledger DOL Form 5500 · updated monthly

Big Sandy Furniture, Inc.ESOP

BIG SANDY FURNITURE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FRANKLIN FURNACE, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Big Sandy Furniture, Inc. reported $54,275 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,134 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 2 years on file its reported administrative ratio fell from 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 316th-largest of 3,295 plans among Ohio employers on file, and the 302nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$128,138,577
Participants with balances584
Active participants389
Employer contributions$5,887,060
Employee contributions—
Employer contribution per active participant$15,134
Average account balance$219,415
Benefits paid to participants$7,192,174
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY
Plan history3
Yearassets · accounts · employer contribution
2024$128.1M · 584 accts · $5.9M emplr
2023$116.3M · 576 accts · $4.8M emplr
2022$90.2M · 551 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Investment management$54,275
Total administrative$54,275
Employer contributions to the Big Sandy Furniture, Inc. plan · 2024
Employer contribution per active participant$15,134
Median for plans this size$3,635
2024$15,134 per active participant
2023$11,650 per active participant
2022$11,214 per active participant

Big Sandy Furniture, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
COMMUNITY TRUST BANCORP · Trustee$54,240

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

Administrative cost history3
2024$54,275 · 0.04%
2023$64,550 · 0.06%
2022$60,276 · 0.08%
Same employer
Similar plansRetail Trade · Ohio
Phoenix Retail, LLC OH$141.0M · 0.09%
Express, LLC OH$138.0M · 0.11%
Carepathrx Midco Inc. OH$132.7M · 0.24%
Devco Holdings, Inc. OH$106.1M · 0.06%
Big Sandy Furniture, Inc. OH$90.2M · 0.08%
Jim Brown Chevrolet Inc. OH$80.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610523463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.