Plan Ledger DOL Form 5500 · updated monthly

Louisville Bedding Company401(k)

LOUISVILLE BEDDING COMPANY RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Louisville Bedding Company reported $8,828 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $704 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 fell from 0.27% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (543rd of 871), and 9,729th of 13,661 in manufacturing. In 2024, employees put in $4.03 for every $1.00 the employer contributed; active participation has grown from 97 to 126 since 2022.

Plan summary
Net assets, end of year$7,883,175
Participants with balances161
Active participants126
Employer contributions$88,668
Employee contributions$357,612
Employer contribution per active participant$704
Average account balance$48,964
Benefits paid to participants$784,863
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 161 accts · $89K emplr
2023$7.0M · 134 accts · $91K emplr
2022$6.7M · 141 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,534
Investment management$2,247
Audit (IQPA)$1,050
Total administrative$8,828
The Louisville Bedding Company 401(k) match · 2024
Employer contribution per active participant$704
Median for plans this size$1,313
2024$704 per active participant
2023$887 per active participant
2022$1,210 per active participant

Louisville Bedding Company's 2024 employer contribution ran below the $1,313 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 · 20241

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$8,828 · 0.12%
2023$11,870 · 0.17%
2022$21,298 · 0.27%
Same employer
Similar plansManufacturing · Kentucky
Bando USA, Inc. KY$8.1M · 0.51%
Whitworth Tool, Inc. KY$7.8M · 0.69%
Hausner Hard Chrome, Inc. KY$7.8M · 0.31%
B & H Tool Works, Inc KY$7.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610263630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.