Plan Ledger DOL Form 5500 · updated monthly

Jeromes Furniture Warehouse401(k)

JEROME'S FURNITURE WAREHOUSE 401(K) SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Jeromes Furniture Warehouse reported $108,057 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $582 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 0.475%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 3,213th-largest of 9,483 plans among California employers on file, and the 1,259th of 5,215 in retail trade. In 2024, employees put in $7.08 for every $1.00 the employer contributed; active participation has shrunk from 571 to 493 since 2022.

Plan summary
Net assets, end of year$23,838,508
Participants with balances677
Active participants493
Employer contributions$287,045
Employee contributions$2,032,516
Employer contribution per active participant$582
Average account balance$35,212
Benefits paid to participants$2,574,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 677 accts · $287K emplr
2023$21.7M · 666 accts · $330K emplr
2022$18.2M · 724 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,240
Investment management$60,817
Total administrative$108,057
The Jeromes Furniture Warehouse 401(k) match · 2024
Employer contribution per active participant$582
Median for plans this size$2,416
2024$582 per active participant
2023$698 per active participant
2022$630 per active participant

Jeromes Furniture Warehouse'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
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$55,417
ADP, INC. · Loan processing · Recordkeeping$52,640
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, UBS

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Administrative cost history3
2024$108,057 · 0.47%
2023$94,199 · 0.47%
2022$90,656 · 0.47%
Same employer
Similar plansRetail Trade · California
Pet Food Express, LLC CA$24.0M · 0.41%
Walnut Creek Ford, Inc. CA$23.7M · 0.27%
Alto Pharmacy, LLC CA$23.7M · 0.51%
One Planet Group, LLC CA$23.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951858201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.