Plan Ledger DOL Form 5500 · updated monthly

Family Home Furnishings, Inc.401(k)

TRIVETT FURNITURE PS AND 401(K) PLAN · FREDERICKSBURG, VA · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Family Home Furnishings, Inc. reported $40,486 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $506 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,843rd of 2,266), and 3,782nd of 5,215 in retail trade. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,928,710
Participants with balances83
Active participants336
Employer contributions$170,090
Employee contributions$298,439
Employer contribution per active participant$506
Average account balance$59,382
Benefits paid to participants$210,797
Plan auditDisclaimer of opinion
AuditorRUBINO & COMPANY CHARTERED
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,103
Investment management$11,383
Total administrative$40,486
The Family Home Furnishings, Inc. 401(k) match · 2022
Employer contribution per active participant$506
Median for plans this size$1,114

Family Home Furnishings, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$40,486 · 0.77%
Same employer
Similar plansRetail Trade · Virginia
Grand Brands LLC VA$5.3M · 0.17%
R K Chevrolet, Inc. VA$5.1M · 0.36%
Price Chevrolet Company VA$5.0M · 0.65%
Nelson Automotive Group VA$4.6M · 0.04%
Shades of Light, LLC VA$4.3M · 0.52%
Belfort Furniture Inc. VA$3.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541617984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.