Plan Ledger DOL Form 5500 · updated monthly

City Furniture401(k)

CITY FURNITURE PROFIT SHARING PLAN · TAMARAC, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

City Furniture reported $113,645 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.13% to 0.15%. 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 390th-largest of 3,644 plans among Florida employers on file, and the 460th of 5,215 in retail trade. In 2024, employees put in $88190.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,514,517
Participants with balances2,651
Active participants2,420
Employer contributions$105
Employee contributions$9,259,980
Employer contribution per active participant$0
Average account balance$29,240
Benefits paid to participants$13,709,181
Plan auditUnmodified (clean) audit opinion
AuditorCARROLL & COOK CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$77.5M · 2,651 accts · $105 emplr
2023$72.1M · 2,848 accts · $2.5M emplr
2022$56.4M · 3,021 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,795
Investment management$27,850
Total administrative$113,645
The City Furniture 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2024$0 per active participant
2023$887 per active participant

City Furniture'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,795
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,850

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$113,645 · 0.15%
2023$73,378 · 0.11%
2022$80,792 · 0.13%
Same employer
Similar plansRetail Trade · Florida
Gate Petroleum Company FL$101.2M · 0.08%
Morse Operations Inc. FL$98.5M · 0.31%
Tbc Retail Group, Inc. FL$79.4M · 0.26%
Braman Motors, Inc. FL$66.6M · 0.38%
Greenway Ford, Inc. FL$42.2M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591621198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.