Industry · Form 5500 business code 443141
Household Appliance Stores: 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, 23 retirement plans in household appliance stores with 100 or more participants filed Form 5500: 23 defined contribution and 0 defined benefit. They reported 11,739 participant records and $873M in net assets, counting every plan on the form.
The median defined contribution plan held $42,222 per participant, well below the national median of $53,031, and its employer put in $954 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $131 per participant against $123 nationally.
Employers contributed $14.0M and participants $31.1M during the year, and the plans paid out $57.8M in benefits.
In 2013 the same group numbered 18 plans with $242M; by 2024 it was 23 plans (up 28%) and $873M (up 260%). 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 | $42,222 | $53,031 | — | $86,234 |
| Employer contributions per active participant | $954 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $131 | $123 | — | $344 |
| Schedule C compensation, share of net assets | 0.40% | 0.26% | — | 0.42% |
| Administrative expenses per participant | $123 | $116 | — | $527 |
Medians across plans with 100 or more participants (21 DC and 0 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 | $20,437 | $42,222 | $62,871 | 21 |
| Employer contributions per active participant | $546 | $954 | $2,078 | 20 |
| Schedule C compensation per participant | $41.42 | $131 | $194 | 19 |
| Administrative expenses per participant | $32.91 | $123 | $164 | 21 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 23 | 11,739 | $873M | $14.0M | $31.1M | $42,222 | $131 |
| 2023 | 26 | 14,725 | $764M | $14.3M | $32.8M | $33,934 | $94.47 |
| 2022 | 29 | 13,289 | $661M | $13.5M | $28.6M | $27,481 | $105 |
| 2021 | 25 | 12,752 | $682M | $12.7M | $25.5M | $31,603 | $110 |
| 2020 | 26 | 12,332 | $551M | $7.3M | $21.5M | $26,237 | $82.13 |
| 2019 | 29 | 13,332 | $577M | $9.3M | $20.7M | $18,292 | $59.49 |
| 2018 | 29 | 15,164 | $414M | $7.9M | $19.2M | $12,381 | $43.78 |
| 2017 | 25 | 13,473 | $362M | $7.7M | $17.6M | $19,344 | $45.80 |
| 2016 | 22 | 18,350 | $300M | $6.3M | $18.6M | $17,945 | $43.78 |
| 2015 | 21 | 17,253 | $265M | $5.3M | $17.1M | $16,316 | $49.06 |
| 2014 | 19 | 17,336 | $269M | $5.5M | $16.2M | $15,144 | $30.38 |
| 2013 | 18 | 17,827 | $242M | $4.3M | $13.5M | $11,827 | $33.65 |
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 22 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 22 largest by participants of 22 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Marcone Appliance Parts Center 401(k) Profit Sharing Plan | Marcone Appliance Parts Co. | MO | DC | 2,180 | $99.5M | $45,659 | $990 | $188 |
| Abt Electronics, Inc. 401(k) Retirement Savings Plan and Trust | Abt Electronics, Inc. | IL | DC | 2,001 | $141M | $70,451 | $910 | $107 |
| ABC Appliance, Inc. Profit Sharing Plan and Trust | ABC Appliance, Inc. | MI | DC | 878 | $69.7M | $79,348 | $585 | $28.29 |
| Impact Rto Holdings LLC 401(k) Profit Sharing Plan & Trust | Impact Rto Holdings LLC | FL | DC | 648 | $3.3M | $5,081 | $429 | $40.58 |
| Warners Stellian Co. , Inc. 401(k) Profit Sharing Plan and Trust | Warners Stellian Co., Inc. | MN | DC | 620 | $32.2M | $51,981 | $1,217 | $200 |
| Boston, Inc. Profit Sharing Plan | Boston, Inc. DBA Furniture & Appliance Mart | WI | DC | 582 | $16.9M | $29,002 | $0 | $123 |
| Ridwell Inc. 401(k) Plan | Ridwell Inc. | WA | DC | 514 | $2.9M | $5,635 | $0 | $16.03 |
| A & a Quality Appliance, Inc. 401(k) Plan | A & a Quality Appliance, Inc. | CO | DC | 487 | $3.9M | $8,086 | $327 | $77.68 |
| Grand Appliance Co., Inc. 401(k) Plan | Grand Appliance Co., Inc. | WI | DC | 411 | $16.6M | $40,304 | $601 | $237 |
| Spencer's TV & Appliance 401(k) Profit Sharing Plan | Spencer's TV and Appliance | AZ | DC | 391 | $23.6M | $60,463 | $918 | $42.19 |
| Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan | Spencer's Air Conditioning & Appliance, Inc. | AZ | DC | 302 | $375M | $1,241,373 | $23,159 | — |
| JBC Limited, LLC 401(k) Employee Savings Plan | JBC Limited, LLC | OR | DC | 273 | $5.1M | $18,762 | $0 | $137 |
| Bray & Scarff 401(k) Savings Plan | Bray & Scarff, Inc. | MD | DC | 260 | $11.0M | $42,222 | $994 | $131 |
| Howards Appliances, Inc. Employee Stock Ownership Plan | Howards Appliances, Inc. | CA | DC | 214 | −$6.9M | — | $6,438 | — |
| Albert Lee, Inc. 401(k) Plan | Albert Lee, Inc. | WA | DC | 191 | $26.0M | $136,300 | $3,904 | — |
| Orville's Appliance, Inc. 401(k) Plan | Orville's Appliance, Inc. | NY | DC | 188 | $20.2M | $107,344 | $1,737 | $247 |
| Mountain Land Design 401(k) Plan | Mountain Land Design, Inc. | UT | DC | 171 | $9.3M | $54,115 | $2,429 | $153 |
| Danby Products, Inc. Pension Plan | Danby Products, Inc. | — | DC | 156 | $3.5M | $22,376 | $674 | $304 |
| Dick Van Dyke Incorporated 401(k) Profit Sharing Retirement Plan | Dick Van Dyke Incorporated | IL | DC | 140 | $2.9M | $20,437 | — | $7.76 |
| Howard's Appliances 401(k) Plan | Howard's Appliances, Inc. | CA | DC | 133 | $1.2M | $9,057 | — | $40.65 |
| Appliance Center of Toledo, Inc. Retirement Plan | Appliance Center of Toledo, Inc. | OH | DC | 120 | $6.6M | $55,121 | $2,006 | $405 |
| Cowboy Maloney Appliance, Audio, Video Center, Inc. 401(k) Profit Sharing Plan | Cowboy Maloney Appliance, Audio, Video Center, Inc. | MS | DC | 105 | — | — | — | — |
By plan size
By state
Questions and answers
How many retirement plans are there in household appliance stores?
23 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 41 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 household appliance stores?
The median defined contribution plan reported $42,222 in net assets per participant (middle half of plans: $20,437 to $62,871); 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 household appliance stores?
The median defined contribution plan received $954 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 household appliance stores?
Among defined contribution plans that report any Schedule C compensation, the median was $131 per participant and 0.40% 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.