Hooker Furnishings Corporation401(k)

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

Hooker Furnishings Corporation reported $82,177 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,899 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 3 years on file its reported administrative ratio has held roughly steady near 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 412th-largest of 2,266 plans among Virginia employers on file, and the 2,698th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 1,105 to 926 since 2022.