Plan Ledger DOL Form 5500 · updated monthly

Oki Furniture Fair LLC401(k)

OKI FURNITURE FAIR LLC, EMPLOYEES 401(K) RETIREMENT PLAN · FAIRFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Oki Furniture Fair LLC reported $57,008 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $166 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 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,066th of 3,295), and 2,799th of 5,215 in retail trade. In 2024, employees put in $15.27 for every $1.00 the employer contributed; active participation has grown from 268 to 328 since 2022.

Plan summary
Net assets, end of year$9,217,622
Participants with balances335
Active participants328
Employer contributions$54,340
Employee contributions$829,615
Employer contribution per active participant$166
Average account balance$27,515
Benefits paid to participants$1,776,556
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO. LTD
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 335 accts · $54K emplr
2023$9.0M · 318 accts · $66K emplr
2022$7.9M · 322 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,459
Investment management$22,549
Total administrative$57,008
The Oki Furniture Fair LLC 401(k) match · 2024
Employer contribution per active participant$166
Median for plans this size$1,313
2024$166 per active participant
2023$249 per active participant
2022$226 per active participant

Oki Furniture Fair LLC's 2024 employer contribution ran below the $1,313 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
NFP RETIREMENT INC · Investment advisory (plan)$22,549

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$57,008 · 0.62%
2023$53,926 · 0.64%
2022$53,555 · 0.64%
Same employer
Similar plansRetail Trade · Ohio
Ritz Safety LLC OH$9.6M · 0.92%
Shaffer Distributing Co. OH$9.6M · 0.59%
Trademark Global, LLC OH$9.5M · 0.73%
Beau Townsend Ford, Inc. OH$9.2M · 0.45%
Redline Equipment Co. OH$9.1M · 0.70%
Marhofer Chevrolet Inc. OH$9.0M · 1.30%
Spiraledge, Inc OH$9.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310791500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.