Plan Ledger DOL Form 5500 · updated monthly

Conn Appliances, Inc.401(k)

CONN'S 401(K) RETIREMENT SAVINGS PLAN · THE WOODLANDS, TX · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Conn Appliances, Inc. reported $225,713 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $873 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 has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,061st-largest of 5,688 plans among Texas employers on file, and the 653rd of 5,215 in retail trade. In 2023, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,565,925
Participants with balances1,133
Active participants2,359
Employer contributions$2,059,017
Employee contributions$4,043,516
Employer contribution per active participant$873
Average account balance$43,748
Benefits paid to participants$5,280,503
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$49.6M · 1,133 accts · $2.1M emplr
2022$42.1M · 1,653 accts · $1.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$118,701
Investment management$75,983
Total administrative$225,713
The Conn Appliances, Inc. 401(k) match · 2023
Employer contribution per active participant$873
Median for plans this size$2,440
2023$873 per active participant
2022$746 per active participant

Conn Appliances, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
REGIONS BANK DBA REGIONS TRUST · Investment advisory (plan)$46,990
EMPOWER ADVISORY GROUP, LLC · Investment management$28,993
MCCONNELL & JONES LLP$20,125
ADMINISTRATIVE FIDUCIARY SERVICES I$10,904

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

Administrative cost history2
2023$225,713 · 0.49%
2022$221,023 · 0.48%
Same employer
Similar plansRetail Trade · Texas
Pcf Acquisition Co. TX$57.0M · 0.38%
Curtis C. Gunn, Inc. TX$54.7M · 0.34%
At Home Stores LLC TX$54.5M · 0.12%
Cavender Stores, LTD. TX$48.5M · 0.05%
Tropacaval Media, LLC TX$46.4M · 0.80%
Prime Communications, L.P. TX$45.5M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741290706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.