Plan Ledger DOL Form 5500 · updated monthly

R.C. Willey Home Furnishings401(k)

R.C. WILLEY HOME FURNISHINGS COMBINED RETIREMENT INVESTMENT SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

R.C. Willey Home Furnishings reported $223,198 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,455 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 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 40th-largest of 848 plans among Utah employers on file, and the 228th of 5,215 in retail trade. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$187,128,059
Participants with balances1,583
Active participants2,336
Employer contributions$3,399,297
Employee contributions$6,929,340
Employer contribution per active participant$1,455
Average account balance$118,211
Benefits paid to participants$18,096,149
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$187.1M · 1,583 accts · $3.4M emplr
2023$166.9M · 1,671 accts · $3.6M emplr
2022$141.8M · 1,710 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,703
Investment management$111,799
Total administrative$223,198
The R.C. Willey Home Furnishings 401(k) match · 2024
Employer contribution per active participant$1,455
Median for plans this size$3,635
2024$1,455 per active participant
2023$1,762 per active participant
2022$1,807 per active participant

R.C. Willey Home Furnishings's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$98,703
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$59,489
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$52,310

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$223,198 · 0.13%
2023$231,949 · 0.15%
2022$240,986 · 0.15%
Same employer
Similar plansRetail Trade · Utah
Garff Enterprises, Inc. UT$212.7M · 0.28%
K-Va-T-Food Stores, Inc. VA$191.3M · 0.18%
Restoration Hardware, Inc. CA$190.7M · 0.16%
Mileone Autogroup, Inc. MD$190.5M · 0.11%
Genesco Inc. TN$190.2M · 0.02%
Fleetpride, Inc. TX$187.0M · 0.31%
Aaron's, LLC GA$186.0M · 0.18%
Colony Brands, Inc. WI$186.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870242145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.