Plan Ledger DOL Form 5500 · updated monthly

Georgia Furniture Mart401(k)

GEORGIA FURNITURE MART 401(K) PLAN · STONE MOUNTAIN, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Georgia Furniture Mart reported $1,260 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $279 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 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Georgia (2,006th of 2,160), and 4,862nd of 5,215 in retail trade. In 2024, employees put in $4.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,344,655
Participants with balances125
Active participants99
Employer contributions$27,643
Employee contributions$112,050
Employer contribution per active participant$279
Average account balance$10,757
Benefits paid to participants$1,315,215
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$1,260
Total administrative$1,260
The Georgia Furniture Mart 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$1,313

Georgia Furniture Mart's 2024 employer contribution ran below the $1,313 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.

Administrative cost history1
2024$1,260 · 0.09%
Similar plansRetail Trade · Georgia
Gas Express, LLC GA$1.8M · 3.47%
Pjt, Inc. GA$1.8M · 0.85%
Carriage Management, LLC GA$1.5M · 0.74%
Orpine, Inc. GA$1.4M · 0.59%
Keller Interiors, LLC GA$1.3M · 0.94%
Reynolds Iga, Inc. GA$1.1M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582299170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.