Plan Snapshot
- Plan Sponsor: Whitestone Home Furnishings, LLC
- Sponsor EIN: 320526953
- Sponsor Address: 19-02 WHITESTONE EXPRESSWAY, WHITESTONE, NY, 11357
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $10.3M
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 | 338 | $10.3M | $509,900 | $2.0M |
| 2023 | 284 | $7.0M | $420,549 | $1.6M |
| 2022 | 231 | $4.2M | $343,599 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORD KEEPER | $40,185 | — | $40,185 |
| OLD SLIP INVESTMENT ADVISORS | INVESTMENT ADVISOR | $20,887 | — | $20,887 |
| THE BENEFIT PRACTICE | THIRD PARTY ADMIN | $15,562 | $4,177 | $19,739 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,811
- Estimated Expense Ratio: 0.782% 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 | $58,608 | $16,254 | $42,354 | — | — |
| 2023 | $31,586 | — | $31,586 | — | — |
| 2022 | $25,891 | — | — | — | — |