Plan Ledger DOL Form 5500 · updated monthly

Slumberland, Inc.401(k)

SLUMBERLAND, INC. SALARY SAVINGS PLAN · OAKDALE, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Slumberland, Inc. reported $43,328 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $1,661 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 0.064%. 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 378th-largest of 1,918 plans among Minnesota employers on file, and the 504th of 5,215 in retail trade. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 604 to 538 since 2022.

Plan summary
Net assets, end of year$69,902,166
Participants with balances760
Active participants538
Employer contributions$893,872
Employee contributions$2,426,913
Employer contribution per active participant$1,661
Average account balance$91,977
Benefits paid to participants$8,314,862
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.9M · 760 accts · $894K emplr
2023$64.9M · 825 accts · $666K emplr
2022$56.6M · 922 accts · $678K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,328
Total administrative$43,328
The Slumberland, Inc. 401(k) match · 2024
Employer contribution per active participant$1,661
Median for plans this size$3,635
2024$1,661 per active participant
2023$1,196 per active participant
2022$1,122 per active participant

Slumberland, Inc.'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 · 20241
STANCORP FINANCIAL · Claims processing · Recordkeeping$97,558

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Slumberland, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,328 · 0.06%
2023$40,335 · 0.07%
2022$38,519 · 0.06%
Same employer
Similar plansRetail Trade · Minnesota
Lund Food Holdings, Inc. MN$79.5M · 0.18%
Miner's Inc. MN$73.1M · 0.04%
Hom Furniture, Inc. MN$71.0M · 0.27%
The Tile Shop, LLC MN$55.4M · 0.30%
Fph Morrie's LLC MN$53.1M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 410941504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.