Plan Ledger DOL Form 5500 · updated monthly

Star Furniture Company401(k)

STAR FURNITURE 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Star Furniture Company reported $91,513 in plan administrative expenses for 2022: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $453 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 0.47% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 2,243rd-largest of 5,688 plans among Texas employers on file, and the 1,711th of 5,215 in retail trade. In 2022, employees put in $6.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,032,289
Participants with balances214
Active participants292
Employer contributions$132,408
Employee contributions$879,889
Employer contribution per active participant$453
Average account balance$79,590
Benefits paid to participants$1,773,512
Plan auditDisclaimer of opinion
AuditorHOWARD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 165 accts · $99K emplr
2023$15.3M · 179 accts · $67K emplr
2022$17.0M · 214 accts · $132K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$68,215
Investment management$23,298
Total administrative$91,513
The Star Furniture Company 401(k) match · 2022
Employer contribution per active participant$453
Median for plans this size$2,266
2024$378 per active participant
2023$242 per active participant
2022$453 per active participant

Star Furniture Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$66,896 · 0.43%
2023$62,798 · 0.39%
2022$91,513 · 0.47%
Same employer
Similar plansRetail Trade · Texas
Casa Nissan, Inc. TX$18.9M · 0.59%
James Wood Motors, Inc TX$18.8M · 0.21%
Pack Automotive Group TX$18.5M · 0.57%
Lux Enterprises, Inc. TX$16.9M · 0.40%
Jerry's Gm, LLC TX$16.9M · 0.05%
Lewis Food Town, Inc. TX$16.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740920070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.