Plan Ledger DOL Form 5500 · updated monthly

Dufresne Spencer Group Holdings, LLC401(k)

ASHLEY FURNITURE HOMESTORE 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Dufresne Spencer Group Holdings, LLC reported $221,417 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,957 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 4 years on file its reported administrative ratio has held roughly steady near 0.85%. 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 431st-largest of 1,496 plans among Tennessee employers on file, and the 1,073rd of 5,215 in retail trade. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 2,537 to 573 since 2021.

Plan summary
Net assets, end of year$28,822,225
Participants with balances171
Active participants573
Employer contributions$1,694,325
Employee contributions$3,847,848
Employer contribution per active participant$2,957
Average account balance$168,551
Benefits paid to participants$2,862,348
Plan auditUnmodified (clean) audit opinion
AuditorMILLER LPA PLLC
Plan history4
Yearassets · accounts · employer contribution
2024$28.8M · 171 accts · $1.7M emplr
2023$23.2M · 1,507 accts · $1.7M emplr
2022$17.6M · 2,838 accts · $872K emplr
2021$17.1M · 2,572 accts
The Dufresne Spencer Group Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,957
Median for plans this size$2,416
2024$2,957 per active participant
2023$800 per active participant
2022$316 per active participant

Dufresne Spencer Group Holdings, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 202412
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$221,417
BARON FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
ALLSPRING SPECIAL MID-CAP VAL R · Investment managementindirect comp
MET WEST FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
HARTFORD MUTUAL FUNDS · Investment managementindirect comp
COHEN & STEERS FUNDS · Investment managementindirect comp
AMERICAN CENTURY · Investment managementindirect comp
BRANDYWINE GLOBAL - HY IS · Investment managementindirect comp
JANUS FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history4
2024$221,417 · 0.85%
2023$253,585 · 1.24%
2022$160,756 · 0.93%
2021$133,386 · 0.87%
Similar plansRetail Trade · Tennessee
Truckpro, LLC TN$54.4M · 0.14%
Kirkland's Inc TN$35.2M · 0.26%
Farrell Calhoun, Inc. TN$27.6M · 0.01%
Tri Star Services, LLC TN$25.0M · 0.76%
Nrb Group, LLC TN$21.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061668247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.