Plan Ledger DOL Form 5500 · updated monthly

Haverty Furniture Companies, Inc.401(k)

HAVERTY FURNITURE COMPANIES, INC. THRIFT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Haverty Furniture Companies, Inc. reported $208,259 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,513 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 178th-largest of 2,160 plans among Georgia employers on file, and the 221st of 5,215 in retail trade. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 2,507 to 2,115 since 2022.

Plan summary
Net assets, end of year$194,126,019
Participants with balances2,955
Active participants2,115
Employer contributions$5,314,902
Employee contributions$10,386,765
Employer contribution per active participant$2,513
Average account balance$65,694
Benefits paid to participants$26,323,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$194.1M · 2,955 accts · $5.3M emplr
2023$182.0M · 3,194 accts · $6.0M emplr
2022$156.6M · 3,391 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,057
Investment management$28,502
Total administrative$208,259
The Haverty Furniture Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,513
Median for plans this size$3,635
2024$2,513 per active participant
2023$2,528 per active participant
2022$2,613 per active participant

Haverty Furniture Companies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$210,580
WEAVER CAPITAL MANAGEMENT LLC · Investment advisory (participants)$10,714
CHARLES SCHWAB & CO., INC. · Securities brokerage$615

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$208,259 · 0.11%
2023$222,880 · 0.13%
2022$213,005 · 0.13%
Same employer
Similar plansRetail Trade · Georgia
Ieh Auto Parts LLC GA$288.6M · 0.14%
National Vision, Inc. GA$234.8M · 0.45%
Yancey Bros. Co GA$231.8M · 0.17%
Aaron's, LLC GA$186.0M · 0.18%
Racetrac, Inc. GA$156.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580281900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.