Retirement plan

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

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

CAROL HOUSE FURNITURE, INC.EIN 43-0957922Plan #001PY 2024

2332 MILLPARK DRIVE - MARYLAND HEIGHTS, MO 63043314-427-4200LinkedIn51-200 employeesfurniture

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.8M

+4.8% from 2023

Total participants

136

0.0% from 2023

Average account balance

$122,280

+1.4% from 2023

Annual return

10.80%

-4.41 pp from 2023

Benchmarks

See 2,309 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,309 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.80M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

121

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$574K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$481

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
COMMERCE BANK10+ years Filed as: THE COMMERCE TRUST COMPANY Service code 27 · EIN 43-9557922	Advisory (Plan)	$42,406
NEWPORT GROUP, INC.9 years Service code 15 · EIN 27-4411131	Recordkeeping	$15,809

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$58K

$576 / participant

Recordkeeping$12K20.0%
Investment mgmt$42K72.8%
Contract admin$4K7.2%

% of EOY assets

0.393%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,280

$59,467+105.6%

$93,727+30.5%

$74,478+64.2%

Participation rate

85.1%

59.6%+25.5pp

68.7%+16.4pp

67.2%+17.9pp

Annual return

10.80%

82.14%-71.3pp

133.83%-123.0pp

1370.56%-1359.8pp

Employer contribution / active EE

$2,353

$1,267+85.8%

$2,421-2.8%

$2,626-10.4%

Participant deferral / active EE

$3,330

$3,052+9.1%

$4,417-24.6%

$4,350-23.5%

Admin fee / account holder

$481

$3,028-84.1%

$8,292-94.2%

$1,946-75.3%

Provider

Service type

Compensation

COMMERCE BANK10+ years

Filed as: THE COMMERCE TRUST COMPANY

Service code 27 · EIN 43-9557922

Advisory (Plan)

$42,406

NEWPORT GROUP, INC.9 years

Service code 15 · EIN 27-4411131

Recordkeeping

$15,809

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAROL HOUSE FURNITURE, 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