Plan Ledger DOL Form 5500 · updated monthly

Boston Interiors Home Furnishings, LLC401(k)

BOSTON INTERIORS HOME FURNISHINGS 401(K) PLAN · STOUGHTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Boston Interiors Home Furnishings, LLC reported $50,983 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $969 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 0.06% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (1,491st of 2,726), and the 1,792nd of 5,215 in retail trade. In 2024, employees put in $6.33 for every $1.00 the employer contributed; active participation has shrunk from 105 to 91 since 2022.

Plan summary
Net assets, end of year$16,196,761
Participants with balances122
Active participants91
Employer contributions$88,165
Employee contributions$557,992
Employer contribution per active participant$969
Average account balance$132,760
Benefits paid to participants$1,587,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 122 accts · $88K emplr
2023$14.6M · 134 accts · $85K emplr
2022$12.3M · 128 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,947
Investment management$24,036
Total administrative$50,983
The Boston Interiors Home Furnishings, LLC 401(k) match · 2024
Employer contribution per active participant$969
Median for plans this size$2,416
2024$969 per active participant
2023$771 per active participant
2022$784 per active participant

Boston Interiors Home Furnishings, LLC's 2024 employer contribution ran below the $2,416 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$26,947
HAYS FINANCIAL GROUP · Investment advisory (plan)$23,030
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

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$50,983 · 0.33%
2023$43,385 · 0.32%
2022$8,053 · 0.06%
Similar plansRetail Trade · Massachusetts
Stavis Seafoods, LLC MA$16.8M · 0.28%
Hingham Lumber Company Inc. MA$16.8M · 0.40%
Longs Jewelers, LTD MA$16.8M · 0.53%
A.M.A. Nantucket, Inc. MA$14.7M · 0.54%
Harr Motor Company MA$14.4M · 0.45%
Rocky's Hardware, Inc. MA$14.3M · 0.18%
Mhq, Inc. MA$14.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811854292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.