Plan Ledger DOL Form 5500 · updated monthly

Fink's Jewelers, Inc.401(k)

FINK'S JEWELERS, INC. DEFERRED COMPENSATION PLAN · ROANOKE, VA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Fink's Jewelers, Inc. reported $62,042 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,867 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 fell from 0.33% to 0.31%. 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 1,020th-largest of 2,266 plans among Virginia employers on file, and the 1,531st of 5,215 in retail trade. In 2023, employees put in $3.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,043,897
Participants with balances126
Active participants98
Employer contributions$280,961
Employee contributions$962,909
Employer contribution per active participant$2,867
Average account balance$151,142
Benefits paid to participants$2,439,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 134 accts · $307K emplr
2023$19.0M · 126 accts · $281K emplr
2022$17.1M · 125 accts · $271K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,236
Investment management$44,806
Total administrative$62,042
The Fink's Jewelers, Inc. 401(k) match · 2023
Employer contribution per active participant$2,867
Median for plans this size$2,440
2024$2,793 per active participant
2023$2,867 per active participant
2022$2,735 per active participant

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

Service providers · 20232
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$44,806

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$57,365 · 0.31%
2023$62,042 · 0.34%
2022$54,871 · 0.33%
Same employer
Similar plansRetail Trade · Virginia
Don Beyer Motors, Inc. VA$20.1M · 0.49%
Beach Ford, Inc. VA$18.6M · 0.28%
Radley Imports Incorporated VA$17.2M · 0.55%
Extended Service Corp. VA$17.0M · 0.24%
Berglund Management Group VA$16.8M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540472173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.