Plan Ledger DOL Form 5500 · updated monthly

National Business Furniture, LLC401(k)

NATIONAL BUSINESS FURNITURE PERFORMANCE RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

National Business Furniture, LLC reported $82,327 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,847 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 0.20% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 438th-largest of 1,936 plans among Wisconsin employers on file, and the 881st of 4,246 in wholesale trade. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has shrunk from 232 to 192 since 2022.

Plan summary
Net assets, end of year$46,801,361
Participants with balances316
Active participants192
Employer contributions$738,717
Employee contributions$1,953,913
Employer contribution per active participant$3,847
Average account balance$148,106
Benefits paid to participants$6,522,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.8M · 316 accts · $739K emplr
2023$44.4M · 356 accts · $1.4M emplr
2022$37.5M · 354 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,973
Investment management$13,298
Audit (IQPA)$9,056
Total administrative$82,327
The National Business Furniture, LLC 401(k) match · 2024
Employer contribution per active participant$3,847
Median for plans this size$2,416
2024$3,847 per active participant
2023$5,775 per active participant
2022$5,067 per active participant

National Business Furniture, LLC's 2024 employer contribution ran above 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 · 20244
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$59,973
ONEAMERICA INV ADV SERVICES, LLC · Investment management$13,298
CLIFTONLARSONALLEN, LLP · Accounting / audit$9,056
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$82,327 · 0.18%
2023$75,776 · 0.19%
2022$82,299 · 0.20%
Same employer
Similar plansWholesale Trade · Wisconsin
L & S Electric, Inc WI$50.5M · 0.27%
The Boelter Companies, Inc. WI$50.4M · 0.25%
E. O. Johnson Company, Inc. WI$48.0M · 0.46%
Gustave a. Larson Company WI$42.4M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203851320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.