Plan Ledger DOL Form 5500 · updated monthly

Levin Furniture, LLC401(k)

SCHULTZ-LEVIN 401K PLAN · SMITHTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Levin Furniture, LLC reported $76,495 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,641 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 0.19% to 0.47%. 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 1,661st-largest of 3,651 plans among Pennsylvania employers on file, and the 1,655th of 5,215 in retail trade. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 794 to 672 since 2022.

Plan summary
Net assets, end of year$17,654,866
Participants with balances524
Active participants672
Employer contributions$1,103,035
Employee contributions$2,267,814
Employer contribution per active participant$1,641
Average account balance$33,692
Benefits paid to participants$2,508,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 524 accts · $1.1M emplr
2023$14.8M · 541 accts · $1.1M emplr
2022$11.1M · 578 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,465
Investment management$65,030
Total administrative$76,495
The Levin Furniture, LLC 401(k) match · 2024
Employer contribution per active participant$1,641
Median for plans this size$2,416
2024$1,641 per active participant
2023$1,456 per active participant
2022$1,372 per active participant

Levin Furniture, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
SCHNEIDER DOWNS WEALTH MGMT ADV. · Investment advisory (participants) · Investment advisory (plan)$22,553

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$76,495 · 0.47%
2023$43,012 · 0.33%
2022$19,163 · 0.19%
Same employer
Similar plansRetail Trade · Pennsylvania
Allen Imports, LTD., Inc. PA$18.5M · 0.46%
Diehl Management, Inc. PA$18.3M · 0.51%
Goods Store, Inc. PA$17.7M · 0.01%
Motor Truck Equipment Co. PA$17.5M · 0.53%
New RUE21, LLC PA$17.5M · 0.75%
Rohrich Automotive Group PA$17.3M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 845051605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.