Plan Ledger DOL Form 5500 · updated monthly

Darvin Furniture & Appliances of Orland Park, Inc.401(k)

DARVIN FURNITURE EMPLOYEES 401K PROFIT SHARING PLAN · ORLAND PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Darvin Furniture & Appliances of Orland Park, Inc. reported $50,707 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $769 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 0.10% to 0.31%. 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 the 1,839th-largest of 3,702 plans among Illinois employers on file, and the 1,676th of 5,215 in retail trade. In 2024, employees put in $6.71 for every $1.00 the employer contributed; active participation has shrunk from 221 to 186 since 2022.

Plan summary
Net assets, end of year$17,380,808
Participants with balances219
Active participants186
Employer contributions$143,017
Employee contributions$959,626
Employer contribution per active participant$769
Average account balance$79,364
Benefits paid to participants$844,968
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 219 accts · $143K emplr
2023$15.2M · 225 accts · $141K emplr
2022$13.5M · 234 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,424
Trustee / custodial$5,283
Total administrative$50,707
The Darvin Furniture & Appliances of Orland Park, Inc. 401(k) match · 2024
Employer contribution per active participant$769
Median for plans this size$2,416
2024$769 per active participant
2023$671 per active participant
2022$702 per active participant

Darvin Furniture & Appliances of Orland Park, Inc.'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
CAPITAL GROUP RETIREMENT PLAN SERVI$19,892
FIRST AMERICAN BANK · Contract administrator$16,844
MERILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$13,971

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$50,707 · 0.31%
2023$43,411 · 0.30%
2022$14,035 · 0.10%
Same employer
Similar plansRetail Trade · Illinois
Winston Brands, Inc. IL$18.6M · 0.63%
Loeber Motors, Inc. IL$18.4M · 0.14%
Heller Ford Sales, Inc. IL$18.0M · 0.49%
Coffman Truck Sales, Inc. IL$18.0M · 0.09%
Dan Wolf Automotive Group IL$17.3M · 0.60%
West Jeff Auto Sales IL$16.5M · 0.57%
Rogers Enterprises, Inc. IL$15.9M · 0.67%
Joe Rizza Dealer Group IL$15.7M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362685499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.