Plan Snapshot
- Plan Sponsor: Star Furniture Company
- Sponsor EIN: 740920070
- Sponsor Address: 16666 BARKER SPRINGS RD, HOUSTON, TX, 77084
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $15.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 261 | $15.7M | $98,766 | $587,291 |
| 2023 | 277 | $15.3M | $67,103 | $633,914 |
| 2022 | 292 | $17.0M | $132,408 | $879,889 |
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 |
|---|---|---|---|---|
| FROST BANK | INVESTMENT ADVISOR | $23,938 | — | $23,938 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $20,032 | — | $20,032 |
| ALLIANT INSURANCE SERVICES INC DBA | OTHER | $11,000 | — | $11,000 |
| BONADIO & CO LLP | AUDITOR | $10,700 | — | $10,700 |
| BONADIO & CO, LLP | Auditor | $10,700 | — | $10,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO LLP — AUDITOR
- BONADIO & CO, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,370
- Estimated Expense Ratio: 0.487% 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 | $66,896 | $25,164 | — | $10,700 | — |
| 2023 | $62,798 | $5,356 | — | — | — |
| 2022 | $91,513 | $23,298 | $68,215 | — | — |