Plan Ledger DOL Form 5500 · updated monthly

Whitestone Home Furnishings, LLC401(k)

SAATVA RETIREMENT PLAN AND TRUST · WHITESTONE, NY · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Whitestone Home Furnishings, LLC reported $58,608 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,509 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 0.675%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,567th of 5,648), and the 2,575th of 5,215 in retail trade. In 2024, employees put in $3.86 for every $1.00 the employer contributed; active participation has grown from 231 to 338 since 2022.

Plan summary
Net assets, end of year$10,333,722
Participants with balances389
Active participants338
Employer contributions$509,900
Employee contributions$1,970,282
Employer contribution per active participant$1,509
Average account balance$26,565
Benefits paid to participants$314,181
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 389 accts · $510K emplr
2023$7.0M · 335 accts · $421K emplr
2022$4.2M · 379 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,354
Investment management$16,254
Total administrative$58,608
The Whitestone Home Furnishings, LLC 401(k) match · 2024
Employer contribution per active participant$1,509
Median for plans this size$1,313
2024$1,509 per active participant
2023$1,481 per active participant
2022$1,487 per active participant

Whitestone Home Furnishings, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
OLD SLIP INVESTMENT ADVISORS · Investment advisory (plan)$20,887
THE BENEFIT PRACTICE · Contract administrator$15,562
EMPOWER ADVISORY GROUP, LLC · Investment management$427

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$58,608 · 0.68%
2023$31,586 · 0.56%
2022$25,891 · 0.68%
Same employer
Similar plansRetail Trade · New York
Regional International Corp NY$10.5M · 0.15%
Hicks Nurseries, Inc. NY$10.1M · 0.24%
Parlux Holdings, Inc. NY$9.9M · 0.36%
Zabars & Co., Inc. NY$9.7M · 0.02%
Araca Merchandise L.P. NY$9.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320526953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.