Ivan Smith Furniture Company, LLC401(k)
IVAN SMITH FURNITURE COMPANY, LLC 401(K) PLAN · SHREVEPORT, LA · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Ivan Smith Furniture Company, LLC reported $85,746 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 rose from 0.55% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 392nd-largest of 884 plans among Louisiana employers on file, and 2,726th of 4,246 in wholesale trade. active participation has grown from 468 to 541 since 2022.
Ivan Smith Furniture Company, LLC'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 721405735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.