Plan Ledger DOL Form 5500 · updated monthly

Raymours Furniture Company, Inc.401(k)

RAYMOURS FURNITURE COMPANY, INC. 401(K) AND PROFIT SHARING PLAN · LIVERPOOL, NY · plan year 2024

Employer contribution per participant · 2024
$766

Raymours Furniture Company, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $266,458,816 across 5,480 participant accounts, with employer contributions averaging $766 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 374th-largest of 5,648 plans among New York employers on file, and the 173rd of 5,215 in retail trade. In 2024, employees put in $4.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$266,458,816
Participants with balances5,480
Active participants5,288
Employer contributions$4,051,843
Employee contributions$17,044,856
Employer contribution per active participant$766
Average account balance$48,624
Benefits paid to participants$31,218,984
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN ST AMOUR CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$266.5M · 5,480 accts · $4.1M emplr
2023$234.6M · 5,728 accts · $5.7M emplr
2022$195.9M · 5,855 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$18,475
Total administrative-$132,975
The Raymours Furniture Company, Inc. 401(k) match · 2024
Employer contribution per active participant$766
Median for plans this size$4,294
2024$766 per active participant
2023$1,083 per active participant
2022$1,127 per active participant

Raymours Furniture Company, Inc.'s 2024 employer contribution ran below the $4,294 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.

Service providers · 20243
STONE HILL FIDUCIARY MGMT. LLC · Consulting · Investment advisory (plan)$35,000
GROSSMAN ST. AMOUR · Accounting / audit$18,475
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$8,257 · 0.00%
2022$30,843 · 0.01%
Same employer
Similar plansRetail Trade · New York
Northeast Grocery, Inc. NY$552.7M · 0.08%
Hbc US Holdings LLC NY$534.5M · 0.15%
Foot Locker, Inc. NY$449.5M · 0.19%
Peloton Interactive, Inc. NY$231.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150556500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.