Mor Furniture for Less, Inc.401(k)
MOR FURNITURE FOR LESS, INC. EMPLOYEE EMPLOYEE SAVINGS PLAN · SAN DIEGO, CA · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Mor Furniture for Less, Inc. reported $290,732 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $320 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 0.79% to 0.73%. 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 2,092nd-largest of 9,483 plans among California employers on file, and the 772nd of 5,215 in retail trade. In 2024, employees put in $16.13 for every $1.00 the employer contributed; active participation has shrunk from 1,235 to 476 since 2022.
Mor Furniture for Less, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 952858475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.