Plan Ledger DOL Form 5500 · updated monthly

Walter E. Smithe Furniture, Inc.401(k)

WALTER E. SMITHE FURNITURE, INC. 401K PROFIT SHARING PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

Walter E. Smithe Furniture, Inc. reported $4,302 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 0.07% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,046th of 3,702), and the 1,988th of 5,215 in retail trade.

Plan summary
Net assets, end of year$14,242,170
Participants with balances217
Active participants222
Employer contributions—
Employee contributions$654,631
Employer contribution per active participant—
Average account balance$65,632
Benefits paid to participants$1,456,011
Plan auditUnmodified (clean) audit opinion
AuditorR.J. AUGUSTINE & ASSOCIATES, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 217 accts
2023$13.1M · 214 accts
2022$11.8M · 220 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,302
Total administrative$4,302
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,302
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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
2024$4,302 · 0.03%
2023$10,974 · 0.09%
2022$8,576 · 0.07%
Same employer
Similar plansRetail Trade · Illinois
Levy-Rosen, LLC IL$14.4M · 0.79%
Napleton Auto Werks IL$14.4M · 0.45%
Dutch Farms, Inc. IL$13.3M · 0.07%
K. C. Summers, Inc. IL$12.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363195096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.