Plan Ledger DOL Form 5500 · updated monthly

Fredman Brothers Furniture Co., Inc.401(k)

FREDMAN BROTHERS FURNITURE CO., INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST · COLLINSVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Fredman Brothers Furniture Co., Inc. reported $67,439 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,006 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (1,986th of 3,702), and the 1,892nd of 5,215 in retail trade. In 2022, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,107,290
Participants with balances144
Active participants86
Employer contributions$172,500
Employee contributions$313,317
Employer contribution per active participant$2,006
Average account balance$104,912
Benefits paid to participants$1,479,597
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$15.1M · 144 accts · $173K emplr
Administrative expenses, itemized · 2022
Professional / advisory$55,525
Total administrative$67,439
The Fredman Brothers Furniture Co., Inc. 401(k) match · 2022
Employer contribution per active participant$2,006
Median for plans this size$2,266

Fredman Brothers Furniture Co., Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$67,439 · 0.41%
Similar plansRetail Trade · Illinois
Joe Rizza Dealer Group IL$15.7M · 0.75%
Russo Hardware Inc IL$15.5M · 0.39%
Graham C-Stores Company IL$15.3M · 0.08%
Murgado Motor Werks LLC IL$14.9M · 0.07%
Raymond Chevrolet, Inc. IL$14.9M · 0.44%
Highland Park Motors, Inc. IL$14.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370620800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.