Plan Ledger DOL Form 5500 · updated monthly

Bob's Discount Furniture LLC401(k)

BOB'S DISCOUNT FURNITURE 401(K) PROFIT SHARING PLAN · MANCHESTER, CT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Bob's Discount Furniture LLC reported $270,033 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $917 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 rose from 0.11% to 0.13%. 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 99th-largest of 1,106 plans among Connecticut employers on file, and the 199th of 5,215 in retail trade. In 2024, employees put in $3.60 for every $1.00 the employer contributed; active participation has grown from 5,697 to 6,781 since 2022.

Plan summary
Net assets, end of year$227,759,884
Participants with balances6,078
Active participants6,781
Employer contributions$6,220,520
Employee contributions$22,364,599
Employer contribution per active participant$917
Average account balance$37,473
Benefits paid to participants$30,245,548
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$227.8M · 6,078 accts · $6.2M emplr
2023$199.9M · 5,797 accts · $6.3M emplr
2022$166.8M · 6,317 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,153
Investment management$123,100
Total administrative$270,033
The Bob's Discount Furniture LLC 401(k) match · 2024
Employer contribution per active participant$917
Median for plans this size$3,635
2024$917 per active participant
2023$1,228 per active participant
2022$1,145 per active participant

Bob's Discount Furniture LLC'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$144,153
MMASECURITIESLLC · Investment advisory (plan)$74,460
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$48,640

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$270,033 · 0.13%
2023$182,452 · 0.10%
2022$201,027 · 0.11%
Same employer
Similar plansRetail Trade · Connecticut
Booking Holdings Inc CT$519.2M · 0.10%
Ring's End, Incorporated CT$122.9M · 0.11%
Bh Shoe Holdings, Inc CT$117.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202149352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.