Plan Ledger DOL Form 5500 · updated monthly

Miskelly's Furniture Warehouse, Inc401(k)

MISKELLY'S FURNITURE WAREHOUSE, INC 401(K) PROFIT SHARING PLAN · PEARL, MS · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Miskelly's Furniture Warehouse, Inc reported $67,900 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,203 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 118th-largest of 367 plans among Mississippi employers on file, and the 1,852nd of 5,215 in retail trade. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 223 to 199 since 2022.

Plan summary
Net assets, end of year$15,525,931
Participants with balances236
Active participants199
Employer contributions$438,330
Employee contributions$675,470
Employer contribution per active participant$2,203
Average account balance$65,788
Benefits paid to participants$2,043,879
Plan auditUnmodified (clean) audit opinion
AuditorHARPER, RAINS, KNIGHT & CO PA
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 236 accts · $438K emplr
2023$15.0M · 254 accts · $441K emplr
2022$14.2M · 255 accts · $467K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,900
Total administrative$67,900
The Miskelly's Furniture Warehouse, Inc 401(k) match · 2024
Employer contribution per active participant$2,203
Median for plans this size$2,416
2024$2,203 per active participant
2023$2,043 per active participant
2022$2,095 per active participant

Miskelly's Furniture Warehouse, Inc'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 · 20241
JOHN HANCOCK USA · Recordkeeping$5,138

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,900 · 0.44%
2023$68,711 · 0.47%
2022$64,500 · 0.42%
Same employer
Similar plansRetail Trade · Mississippi
Bond Pharmacy, Inc. MS$33.1M · 0.66%
Agup Equipment Company MS$26.0M · 0.36%
Haas Outdoors, Inc. MS$20.7M · 0.59%
Cannon Chevrolet Cadillac MS$9.4M · 1.08%
Roberts Company, Inc. MS$9.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640616673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.