Plan Ledger DOL Form 5500 · updated monthly

The Carpet Shoppe, Inc.401(k)

SIMPLICITYHR 401(K) RETIREMENT SAVINGS PLAN FBO THE CARPET SHOPPE, INC. · HONOLULU, HI · plan year 2022

Reported admin expense ratio · 2022
0.35%

The Carpet Shoppe, Inc. reported $35,943 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. 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.

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 among the smaller plans on file in Hawaii (164th of 269), and 2,705th of 5,215 in retail trade.

Plan summary
Net assets, end of year$9,604,905
Participants with balances224
Active participants131
Employer contributions—
Employee contributions$609,724
Employer contribution per active participant—
Average account balance$42,879
Benefits paid to participants$176,748
Plan auditUnmodified (clean) audit opinion
AuditorSOMERTSET CPAS, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,018
Investment management$9,925
Total administrative$35,943
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 history1
2022$35,943 · 0.35%
All plans at this employer2
THE CARPET SHOPPE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
SIMPLICITYHR 401(K) RETIREMENT SAVINGS PLAN FBO THE CARPET SHOPPE, INC.401(k)
Similar plansRetail Trade · Hawaii
Jn Group, Inc. HI$16.3M · 0.66%
Marukai Corporation HI$16.0M · 1.31%
Maui Divers of Hawaii, LTD. HI$14.9M · 0.02%
City Mill Company, Limited HI$13.7M · 0.69%
Pflueger, Inc. HI$8.3M · 0.55%
Only the Best Inc. HI$6.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990153705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.