Plan Ledger DOL Form 5500 · updated monthly

Mattress Warehouse LLC401(k)

MATTRESS WAREHOUSE 401(K) RETIREMENT PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Mattress Warehouse LLC reported $10,610 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $781 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 0.05% to 0.10%. 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 Maryland (885th of 1,671), and the 2,242nd of 5,215 in retail trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 737 to 849 since 2022.

Plan summary
Net assets, end of year$12,214,475
Participants with balances928
Active participants849
Employer contributions$663,217
Employee contributions$1,639,023
Employer contribution per active participant$781
Average account balance$13,162
Benefits paid to participants$1,055,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 928 accts · $663K emplr
2023$9.5M · 681 accts · $578K emplr
2022$7.3M · 405 accts · $438K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,473
Investment management$2,137
Total administrative$10,610
The Mattress Warehouse LLC 401(k) match · 2024
Employer contribution per active participant$781
Median for plans this size$2,416
2024$781 per active participant
2023$769 per active participant
2022$594 per active participant

Mattress Warehouse LLC's 2024 employer contribution ran below the $2,416 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 · 20243
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$2,137
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$10,610 · 0.10%
2023$10,032 · 0.12%
2022$3,657 · 0.05%
Same employer
Similar plansRetail Trade · Maryland
Eastland Food Corporation MD$13.7M · 0.13%
Dfk Management, Inc. MD$13.3M · 0.78%
Bray & Scarff, Inc. MD$11.0M · 0.33%
The Frederick Motor Company MD$10.9M · 0.60%
Jim Coleman Toyota, Inc. MD$10.1M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521652149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.