Retirement plan

HENLEY'S FLOOR & HOME 401(K) PLAN

Name: HENLEYS FLOOR & HOME PROS, LLC - HENLEY'S FLOOR & HOME 401(K) PLAN (2024) Form 5500
Creator: HENLEYS FLOOR & HOME PROS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENLEY'S FLOOR & HOME 401(K) PLAN, HENLEYS FLOOR & HOME PROS, LLC

HENLEYS FLOOR & HOME PROS, LLCEIN 82-3297457Plan #001PY 2024

15226 WEST BELL ROAD, SUITE 104 - SURPRISE, AZ 85374623-337-4200henleysfloor.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$1.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$701K

+28.0% from 2023

Total participants

+50.0% from 2023

Average account balance

$87,645

-4.0% from 2023

Annual return

13.49%

-6.09 pp from 2023

Benchmarks

See 10,317 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort10,317 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$701K

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1952

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$16K

$2231 / participant

Other / not subdivided$16K100.0%

% of EOY assets

2.227%

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

$87,645

$110,039-20.4%

$97,260-9.9%

$145,884-39.9%

Participation rate

85.7%

75.9%+9.8pp

72.7%+13.1pp

80.3%+5.4pp

Annual return

13.49%

244.44%-231.0pp

75.54%-62.1pp

551.85%-538.4pp

Employer contribution / active EE

$2,173

$3,074-29.3%

$2,721-20.1%

$4,662-53.4%

Participant deferral / active EE

$10,373

$4,674+121.9%

$4,262+143.4%

$6,690+55.1%

Admin fee / account holder

$1,952

$6,204-68.5%

$5,640-65.4%

$13,392-85.4%

HENLEY'S FLOOR & HOME 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENLEY'S FLOOR & HOME 401(K) 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