Plan Ledger DOL Form 5500 · updated monthly

Orville's Appliance, Inc.401(k)

ORVILLE'S APPLIANCE, INC. 401(K) PLAN · LANCASTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Orville's Appliance, Inc. reported $1,600 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,737 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 0.00% to 0.01%. 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 2,520th-largest of 5,648 plans among New York employers on file, and the 1,447th of 5,215 in retail trade. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,180,619
Participants with balances117
Active participants173
Employer contributions$300,441
Employee contributions$869,272
Employer contribution per active participant$1,737
Average account balance$172,484
Benefits paid to participants$849,316
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 117 accts · $300K emplr
2023$17.6M · 104 accts · $303K emplr
2022$14.6M · 107 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,600
Total administrative$1,600
The Orville's Appliance, Inc. 401(k) match · 2024
Employer contribution per active participant$1,737
Median for plans this size$2,416
2024$1,737 per active participant
2023$1,955 per active participant
2022$1,713 per active participant

Orville's Appliance, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,600
OSAIC WEALTH INCindirect 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$1,600 · 0.01%
2023$2,025 · 0.01%
2022$675 · 0.00%
Same employer
Similar plansRetail Trade · New York
Slomin's, Inc. NY$21.3M · 0.01%
Barkbox, Inc. NY$21.1M · 0.81%
The Farmer's Dog, Inc. NY$20.9M · 0.23%
Gagosian Gallery, Inc. NY$20.4M · 0.64%
Ed Herrington, Inc. NY$20.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160904439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.