Plan Ledger DOL Form 5500 · updated monthly

Kittle's Home Furnishings, Inc401(k)

KITTLESAVE SALARY REDUCTION PLAN AND TRUST · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.52%

Kittle's Home Furnishings, Inc reported $61,897 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. 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 0.52%. 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 among the smaller plans on file in Indiana (800th of 1,562), and the 2,224th of 5,215 in retail trade. active participation has shrunk from 150 to 124 since 2022.

Plan summary
Net assets, end of year$12,368,193
Participants with balances135
Active participants124
Employer contributions—
Employee contributions$478,141
Employer contribution per active participant—
Average account balance$91,616
Benefits paid to participants$935,433
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 135 accts
2023$11.7M · 151 accts
2022$11.1M · 167 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,793
Investment management$23,770
Audit (IQPA)$12,334
Total administrative$61,897
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 · 20245
NEWPORT GROUP, INC. · Loan processing$14,889
KATZ, SAPPER AND MILLER · Accounting / audit$12,334
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$12,043
MORGAN STANLEY · Investment advisory (participants)$11,727
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,904

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$61,897 · 0.52%
2023$61,403 · 0.54%
2022$65,892 · 0.54%
Same employer
Similar plansRetail Trade · Indiana
Nc, Inc. IN$13.6M · 0.05%
Ttg Equipment LLC IN$13.5M · 0.19%
Button Motors Inc. IN$12.6M · 0.41%
Hull Lift Truck, Inc. IN$12.1M · 0.62%
Standale Lumber LLC IN$12.1M · 0.37%
Resident Home, LLC IN$11.8M · 0.26%
Uebelhor and Sons Chevrolet IN$11.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320395300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.