Retirement plan

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN

Name: MILLSPAUGH FURNITURE HOUSE, INC - MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: MILLSPAUGH FURNITURE HOUSE, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN, MILLSPAUGH FURNITURE HOUSE, INC

MILLSPAUGH FURNITURE HOUSE, INCEIN 22-3114892Plan #001PY 2024

52 MAIN STREET - WALDEN, NY 12586845-778-1500millspaugh.comLinkedIn11-50 employeesfurniture

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+19.6% from 2023

Total participants

+4.5% from 2023

Average account balance

$119,536

+14.4% from 2023

Annual return

9.69%

-3.94 pp from 2023

Benchmarks

See 22,321 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,321 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.75M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$120K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$229K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.69%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$44

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J

Plan features

2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$72 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.037%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,536

$111,785+6.9%

$93,669+27.6%

$145,877-18.1%

Participation rate

100.0%

74.2%+25.8pp

68.7%+31.3pp

80.3%+19.7pp

Annual return

9.69%

203.79%-194.1pp

133.59%-123.9pp

551.28%-541.6pp

Employer contribution / active EE

$9,280

$3,096+199.8%

$2,424+282.9%

$4,663+99.0%

Participant deferral / active EE

$7,045

$4,919+43.2%

$4,416+59.5%

$6,691+5.3%

Admin fee / account holder

$44

$10,256-99.6%

$8,291-99.5%

$13,402-99.7%

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLSPAUGH FURNITURE HOUSE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion