Ll Flooring Holdings Inc.401(k)
LL FLOORING HOLDINGS, INC. 401(K) & PROFIT SHARING PLAN · RICHMOND, VA · plan year 2023
Ll Flooring Holdings Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $77,161,665 across 1,466 participant accounts, with employer contributions averaging $1,636 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 349th-largest of 2,266 plans among Virginia employers on file, and the 463rd of 5,215 in retail trade. In 2023, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 2,078 to 1,865 since 2022.
Ll Flooring Holdings Inc.'s 2023 employer contribution ran below the $3,659 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.
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 271310817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.