Plan Ledger DOL Form 5500 · updated monthly

Crest Furniture Inc401(k)

CREST FURNITURE INC 401(K) PROFIT SHARING PLAN & TRUST · DAYTON, NJ · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Crest Furniture Inc reported $18,333 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $401 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 0.38% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,879th of 2,419), and 3,783rd of 5,215 in retail trade. In 2023, employees put in $3.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,925,978
Participants with balances197
Active participants235
Employer contributions$94,210
Employee contributions$331,184
Employer contribution per active participant$401
Average account balance$25,005
Benefits paid to participants$197,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 249 accts · $88K emplr
2023$4.9M · 197 accts · $94K emplr
2022$4.0M · 203 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,949
Investment management$14,424
Trustee / custodial$960
Total administrative$18,333
The Crest Furniture Inc 401(k) match · 2023
Employer contribution per active participant$401
Median for plans this size$1,308
2024$409 per active participant
2023$401 per active participant
2022$457 per active participant

Crest Furniture Inc's 2023 employer contribution ran below the $1,308 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 · 20231
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$14,272

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$19,919 · 0.41%
2023$18,333 · 0.41%
2022$16,855 · 0.38%
Same employer
Similar plansRetail Trade · New Jersey
Griffin & Howe Inc NJ$5.2M · 0.51%
Tilton Automotive, LLC NJ$5.2M · 0.38%
Custom Bandag, Inc. NJ$5.1M · 1.41%
F.C. Kerbeck & Sons NJ$4.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221915989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.