Industry · Form 5500 business code 337000
Furniture & Related Product Manufacturing: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 217 retirement plans in furniture & related product manufacturing with 100 or more participants filed Form 5500: 209 defined contribution and 8 defined benefit. They reported 206,091 participant records and $13.3B in net assets, counting every plan on the form.
The median defined contribution plan held $39,955 per participant, well below the national median of $53,031, and its employer put in $1,368 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $105 per participant against $123 nationally.
Employers contributed $317M and participants $535M during the year, and the plans paid out $1.54B in benefits.
In 2009 the same group numbered 306 plans with $6.13B; by 2024 it was 217 plans (down 29%) and $13.3B (up 118%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $39,955 | $53,031 | $40,546 | $86,234 |
| Employer contributions per active participant | $1,368 | $2,174 | $5,295 | $10,244 |
| Schedule C compensation per participant | $105 | $123 | $197 | $344 |
| Schedule C compensation, share of net assets | 0.34% | 0.26% | 0.38% | 0.42% |
| Administrative expenses per participant | $108 | $116 | $304 | $527 |
Medians across plans with 100 or more participants (201 DC and 8 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $20,446 | $39,955 | $62,907 | 201 |
| Employer contributions per active participant | $700 | $1,368 | $2,251 | 189 |
| Schedule C compensation per participant | $52.54 | $105 | $208 | 183 |
| Administrative expenses per participant | $52.81 | $108 | $211 | 192 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 40 | 51,728 | $5.54B | $99.8M | $181M | $57,228 | $159 |
| 2024 | 217 | 206,091 | $13.3B | $317M | $535M | $39,955 | $105 |
| 2023 | 232 | 213,936 | $12.4B | $308M | $516M | $37,410 | $94.81 |
| 2022 | 268 | 232,438 | $10.8B | $333M | $479M | $26,636 | $90.02 |
| 2021 | 263 | 237,466 | $13.0B | $253M | $482M | $32,622 | $100 |
| 2020 | 280 | 235,286 | $12.3B | $238M | $424M | $29,182 | $92.90 |
| 2019 | 282 | 232,275 | $11.4B | $278M | $430M | $27,308 | $79.95 |
| 2018 | 281 | 229,993 | $9.97B | $273M | $397M | $24,510 | $73.04 |
| 2017 | 287 | 227,024 | $10.3B | $292M | $357M | $24,751 | $55.93 |
| 2016 | 272 | 226,802 | $9.36B | $283M | $334M | $22,868 | $51.97 |
| 2015 | 276 | 219,133 | $8.33B | $223M | $301M | $21,415 | $46.02 |
| 2014 | 275 | 212,063 | $8.69B | $226M | $271M | $23,900 | $41.74 |
| 2013 | 273 | 209,624 | $8.32B | $205M | $249M | $25,138 | $44.29 |
| 2012 | 280 | 212,348 | $7.43B | $255M | $225M | $21,477 | $42.86 |
| 2011 | 293 | 217,842 | $6.99B | $246M | $223M | $18,928 | $47.21 |
| 2010 | 287 | 216,558 | $7.05B | $213M | $197M | $18,890 | $46.21 |
| 2009 | 306 | 214,207 | $6.13B | $148M | $186M | $15,597 | $39.58 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 217 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 217 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Ashley Furniture Industries, LLC Profit Sharing 401(k) Plan | Ashley Furniture Industries, LLC | WI | DC | 18,185 | $528M | $29,029 | $649 | $65.37 |
| Hni Corporation 401(k) Plan | Hni Corporation | IA | DC | 11,594 | $1.59B | $136,871 | $3,746 | $49.70 |
| La-Z-Boy Incorporated Retirement Savings Plan | La-Z-Boy Incorporated | MI | DC | 10,405 | $351M | $33,761 | $2,145 | $72.14 |
| Millerknoll Retirement Plan | Millerknoll, Inc. | MI | DC | 10,150 | $1.56B | $153,237 | $3,286 | $123 |
| Cabinetworks Group 401(k) Plan | Cabinetworks Group, Inc. | TX | DC | 8,613 | $368M | $42,684 | $1,881 | $92.50 |
| American Woodmark Corporation Retirement Savings Plan | American Woodmark Corporation | VA | DC | 7,575 | $393M | $51,865 | $3,078 | $4.64 |
| United Furniture Workers Pension Fund a | United Furniture Workers Pension Fund a | TN | DB | 7,480 | $251M | $33,608 | $5,464 | $77.84 |
| Steelcase Inc. Retirement Plan | Steelcase, Inc. | MI | DC | 5,704 | $1.50B | $262,340 | $10,545 | $123 |
| Sleep Number Profit Sharing and 401(k) Plan | Sleep Number Corporation | MN | DC | 5,265 | $257M | $48,867 | $1,976 | $104 |
| Haworth Pension Plan | Haworth International, Ltd. | MI | DB | 4,368 | $513M | $117,471 | $7,335 | — |
| Serta Simmons Bedding 401(k) Retirement Plan | Serta Simmons Bedding, LLC | GA | DC | 4,121 | $276M | $66,857 | $2,903 | $79.99 |
| Haworth 401(k) Plan | Haworth International, Ltd. | MI | DC | 3,843 | $421M | $109,556 | $3,761 | $69.01 |
| The Ethan Allen Retirement Savings Plan | Ethan Allen Global, Inc. | CT | DC | 3,183 | $249M | $78,094 | $953 | $166 |
| Ki 401(k) Savings Plan | Krueger International, Inc. | WI | DC | 2,621 | $344M | $131,231 | $1,576 | $281 |
| Sauder Woodworking Co. Retirement and 401(k) Plan | Sauder Woodworking Co. | OH | DC | 2,524 | $335M | $132,905 | $533 | $55.22 |
| Springs Window Fashions 401(k) Retirement Plan | Springs Window Fashions, LLC | WI | DC | 2,350 | $186M | $78,974 | $2,949 | $91.10 |
| Ki Employee Stock Ownership Plan | Krueger International Inc. | WI | DC | 2,342 | $697M | $297,576 | $5,517 | — |
| Sealy 401(k) Savings Plan | Sealy Mattress Corporation | KY | DC | 2,182 | $13.1M | $6,008 | $91 | $12.52 |
| Lozier Corporation 401(k) Savings Plan | Lozier Corporation | NE | DC | 2,160 | $192M | $88,817 | $2,251 | $16.53 |
| V-T Industries, Inc. Retirement/savings Plan | V-T Industries, Inc. | IA | DC | 2,119 | $111M | $52,189 | $1,380 | $54.06 |
| Southern Motion, Inc. 401(k) Plan | Southern Motion, Inc. | MS | DC | 2,054 | $7.5M | $3,661 | $3 | $36.24 |
| Industrial Carpenters and Precast Pension Plan | Board of Trustees of Industrial Carpenters and Precast Pension Plan | CA | DB | 2,034 | $130M | $63,898 | $4,851 | $197 |
| RHF Investments, Inc. 401(k) Savings Plan | RHF Investments, Inc. | NC | DC | 1,763 | $57.2M | $32,427 | $761 | $132 |
| The Lozier Corporation Pension Plan and Trust | Lozier Corporation | NE | DB | 1,705 | $137M | $80,073 | $10,294 | $304 |
| Supreme Cabinetry Brands Retirement Savings Plan | Dura Supreme LLC | MN | DC | 1,657 | $58.0M | $34,975 | $1,134 | $130 |
| Bernhardt Furniture Company Retirement Plan | Bernhardt Furniture Company | NC | DC | 1,314 | $57.7M | $43,921 | $633 | $120 |
| Savings Plan for Employees of American Leather | American Leather Operations, LLC | TX | DC | 1,288 | $47.7M | $37,043 | $1,218 | — |
| Affordable Interior Systems, Inc. 401(k) Plan | Affordable Interior Systems, Inc. | MA | DC | 1,246 | $30.5M | $24,487 | $541 | $124 |
| Samson Investment Holding Co. Retirement Savings Plan & Trust | Samson Investment Holding Co. | NC | DC | 1,244 | $40.6M | $32,610 | $1,156 | $59.53 |
| Hooker Furnishings Corporation Employees Savings Plan | Hooker Furnishings Corporation | VA | DC | 1,140 | $62.5M | $54,868 | $1,899 | $72.09 |
| Buchheit, Inc. Employees' 401(k) Retirement Plan | Buchheit Enterprises, Inc. | MO | DC | 1,120 | $15.3M | $13,627 | $350 | $45.43 |
| Jasper Seating, Inc. Employees Retirement Savings Plan | Jasper Seating Company, Inc. | IN | DC | 1,118 | $57.5M | $51,445 | $772 | $121 |
| Irc-Fm in Southern California and Cabinet Makers, Millmen and Industrial Carpenters Local 721 Pension Trust Fund | Board of Trustees, Irc-Fm in S.C. and Cabinet Makers, | CA | DB | 1,096 | $240K | $219 | — | $64.25 |
| McCreary Modern, Inc. Employee Stock Ownership Plan | McCreary Modern, Inc. | NC | DC | 1,080 | $89.5M | $82,887 | $130 | $79.78 |
| Humanscale 401(k) Plan | Humanscale Corporation | NJ | DC | 1,019 | $67.5M | $66,271 | $2,367 | $23.35 |
| Republic Elite 401(k) Plan | Republic Elite, LLC | TX | DC | 991 | $21.0M | $21,145 | $1,069 | $152 |
| Best Home Furnishings 401(k) Savings Plan | Best Chairs, Inc. | IN | DC | 968 | $76.9M | $79,491 | $974 | $127 |
| Fabuwood Cabinetry Corp. 401(k) Profit Sharing Plan | Fabuwood Cabinetry Corp. | NJ | DC | 917 | $9.8M | $10,730 | $916 | $67.51 |
| NHK Seating of America, Inc. 401(k) PS Plan and Trust | NHK Seating of America, Inc. | IN | DC | 917 | $23.9M | $26,028 | $1,805 | $39.76 |
| Sherrill Savings and Profit Sharing Plan | Sherrill Furniture Company | NC | DC | 915 | $46.4M | $50,755 | $708 | $148 |
By plan size
By state
Questions and answers
How many retirement plans are there in furniture & related product manufacturing?
217 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 311 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in furniture & related product manufacturing?
The median defined contribution plan reported $39,955 in net assets per participant (middle half of plans: $20,446 to $62,907); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in furniture & related product manufacturing?
The median defined contribution plan received $1,368 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in furniture & related product manufacturing?
Among defined contribution plans that report any Schedule C compensation, the median was $105 per participant and 0.34% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.