Plan Snapshot
- Plan Sponsor: Mor Furniture For Less, INC.
- Sponsor EIN: 952858475
- Sponsor Address: 6965 CONSOLIDATED WAY, SAN DIEGO, CA, 921212603
- Plan Type: 401(k)
- Total Participants: 476
- Total Assets: $40.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 476 | $40.9M | $152,149 | $2.5M |
| 2023 | 527 | $38.4M | $258,534 | $3.0M |
| 2022 | 1,235 | $36.7M | $1.3M | $4.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $251,394 | — | $251,394 |
| JGD & ASSOCIATES | ACCOUNTANT | — | $55,098 | $55,098 |
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $39,338 | — | $39,338 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JGD & ASSOCIATES — ACCOUNTANT
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $345,830
- Estimated Expense Ratio: 0.846% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $290,732 | $39,338 | $251,394 | — | — |
| 2023 | $293,472 | — | $293,472 | — | — |
| 2022 | $305,104 | — | $294,354 | — | $10,750 |