Plan Ledger DOL Form 5500 · updated monthly

Mattress Firm, Inc.401(k)

MATTRESS FIRM, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mattress Firm, Inc. reported $823,566 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,658 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 0.29% to 0.32%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 308th-largest of 5,688 plans among Texas employers on file, and the 167th of 5,215 in retail trade. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$279,085,922
Participants with balances8,611
Active participants7,916
Employer contributions$13,127,987
Employee contributions$27,747,499
Employer contribution per active participant$1,658
Average account balance$32,410
Benefits paid to participants$30,162,674
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$0 · $916K emplr
2024$279.1M · 8,611 accts · $13.1M emplr
2022$184.7M · 8,961 accts · $12.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$624,101
Investment management$199,165
Total administrative$823,566
The Mattress Firm, Inc. 401(k) match · 2024
Employer contribution per active participant$1,658
Median for plans this size$4,294
2024$1,658 per active participant
2022$1,515 per active participant

Mattress Firm, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$329,266
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$199,165

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

Recordkeeper by year2
2025Empower
2024Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2025Not separately reported
2024$823,566 · 0.32%
2022$546,251 · 0.29%
Same employer
Similar plansRetail Trade · Texas
Academy Sports & Outdoors TX$364.8M · 0.15%
Michaels Stores, Inc. TX$337.2M · 0.27%
Sally Beauty Holdings, Inc. TX$294.1M · 0.09%
Firstcash Holdings, Inc. TX$257.3M · 0.29%
Fleetpride, Inc. TX$187.0M · 0.31%
Brookshire Brothers, Inc. TX$166.7M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760596008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.