Plan Ledger DOL Form 5500 · updated monthly

Serta Simmons Bedding, LLC401(k)

SERTA SIMMONS BEDDING 401(K) RETIREMENT PLAN · DORAVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Serta Simmons Bedding, LLC reported $358,767 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,903 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 0.17% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 131st-largest of 2,160 plans among Georgia employers on file, and the 915th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 3,126 to 2,704 since 2022.

Plan summary
Net assets, end of year$275,518,934
Participants with balances3,797
Active participants2,704
Employer contributions$7,850,834
Employee contributions$13,245,676
Employer contribution per active participant$2,903
Average account balance$72,562
Benefits paid to participants$47,979,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$275.5M · 3,797 accts · $7.9M emplr
2023$265.9M · 4,007 accts · $8.4M emplr
2022$249.1M · 4,455 accts · $8.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$249,261
Investment management$80,372
Audit (IQPA)$26,500
Total administrative$358,767
The Serta Simmons Bedding, LLC 401(k) match · 2024
Employer contribution per active participant$2,903
Median for plans this size$4,294
2024$2,903 per active participant
2023$2,926 per active participant
2022$2,704 per active participant

Serta Simmons Bedding, LLC's 2024 employer contribution ran below the $4,294 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 · 20243
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$249,261
CAPTRUST FINANCIAL PARTNERS, LLC$80,372
WINDHAM BRANNON · Accounting / audit$26,500

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$358,767 · 0.13%
2023$409,797 · 0.16%
2022$473,269 · 0.17%
Same employer
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Kemira Water Solutions, Inc. GA$309.7M · 0.04%
Klockner Metals Corporation GA$288.7M · 0.14%
Kemira Chemicals, Inc. GA$285.7M · 0.06%
Neenah, Inc. GA$280.8M · 0.06%
Oxford Industries, Inc. GA$218.4M · 0.11%
Motrex LLC GA$214.4M · 0.10%
Ofs Fitel, LLC GA$212.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010931874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.