Plan Ledger DOL Form 5500 · updated monthly

Indiana Furniture Industries, Inc.401(k)

INDIANA FURNITURE COMPANIES EMPLOYEE 401(K) PLAN · JASPER, IN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Indiana Furniture Industries, Inc. reported $79,596 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $803 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 0.52% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 599th-largest of 1,562 plans among Indiana employers on file, and the 6,238th of 13,661 in manufacturing. In 2024, employees put in $5.40 for every $1.00 the employer contributed; active participation has grown from 278 to 322 since 2022.

Plan summary
Net assets, end of year$18,453,648
Participants with balances354
Active participants322
Employer contributions$258,489
Employee contributions$1,396,263
Employer contribution per active participant$803
Average account balance$52,129
Benefits paid to participants$1,687,812
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI AND CO., P.S.C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 354 accts · $258K emplr
2023$16.4M · 358 accts · $292K emplr
2022$13.7M · 318 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,196
Investment management$20,000
Audit (IQPA)$10,400
Total administrative$79,596
The Indiana Furniture Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$803
Median for plans this size$2,416
2024$803 per active participant
2023$949 per active participant
2022$800 per active participant

Indiana Furniture Industries, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
GERMAN AMERICAN FIN ADV AND TR CO · Investment advisory (plan)$20,000
HARDING, SHYMANSKI & COMPANY, P.S. · Accounting / audit$10,400

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$79,596 · 0.46%
2023$78,116 · 0.52%
2022$78,271 · 0.52%
Same employer
Similar plansManufacturing · Indiana
Auburn Gear, LLC IN$18.5M · 0.34%
Micrometl Corporation IN$18.5M · 0.68%
Accurate Castings, Inc. IN$18.3M · 0.23%
80/20, LLC IN$18.2M · 0.11%
Amatrol, Inc. IN$18.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350408870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.