Plan Ledger DOL Form 5500 · updated monthly

C.R. Laine Furniture Company401(k)

C.R. LAINE FURNITURE COMPANY, INC. 401(K) EMPLOYEE SAVINGS AND · HICKORY, NC · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

C.R. Laine Furniture Company reported $6,406 in plan administrative expenses for 2025: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $499 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 rose from 0.05% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,227th of 2,005), and 9,621st of 13,661 in manufacturing. In 2025, employees put in $6.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,103,692
Participants with balances200
Active participants194
Employer contributions$96,784
Employee contributions$597,893
Employer contribution per active participant$499
Average account balance$40,518
Benefits paid to participants$1,081,758
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$8.1M · 200 accts · $97K emplr
2024$7.3M · 189 accts · $90K emplr
2023$5.8M · 192 accts · $79K emplr
2022$4.6M · 187 accts · $67K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$5,661
Investment management$745
Total administrative$6,406
The C.R. Laine Furniture Company 401(k) match · 2025
Employer contribution per active participant$499
Median for plans this size$1,464
2025$499 per active participant
2024$498 per active participant
2023$436 per active participant
2022$381 per active participant

C.R. Laine Furniture Company's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ADP, INC. · Recordkeeping$5,661
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year3
2025ADP
2024ADP
2023ADP

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

Administrative cost history4
2025$6,406 · 0.08%
2024$3,218 · 0.05%
2023$2,916 · 0.06%
2022$2,472 · 0.05%
Same employer
Similar plansManufacturing · North Carolina
McGee Corporation NC$8.2M · 0.33%
Prince Group, Inc. NC$8.1M · 0.53%
Sbm Life Science Corp. NC$8.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560709058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.