Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Lovesac
Lovesac 401(k)
- LOVE Nasdaq
- Retail trade
- Stamford, CT
- EIN 32-0514958
- 1 plan with Schedule H financials
- Plan year 2024
- The Lovesac Company
- SEC registrant Lovesac Co
Administrative expenses excluding investment management, per participant · The Lovesac Company 401(k) Plan · plan year 2024
$12.59
Higher than 8% of the 24,371 plans $10 to 50M that report it.
Source
= $9,950 / 790
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251111105157NAL0005022257001, received 2025-11-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251111105157NAL0005022257001, received 2025-11-11
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-02-01 to 2025-01-31, filing received 2025-11-11.
Cost and contributions
Administrative expenses per participant
$12.59
Higher than 5% of the 25,098 plans $10 to 50M that report it.
Source
= $9,950 / 790
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251111105157NAL0005022257001, received 2025-11-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251111105157NAL0005022257001, received 2025-11-11
Administrative expenses as a share of assets
0.040%
Higher than 11% of the 25,132 plans $10 to 50M that report it.
Source
= $9,950 / $24,770,174
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251111105157NAL0005022257001, received 2025-11-11
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251111105157NAL0005022257001, received 2025-11-11
Employer contributions per participant
$2,478
Higher than 61% of the 24,050 plans $10 to 50M that report it.
Source
= $1,957,371 / 790
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251111105157NAL0005022257001, received 2025-11-11
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251111105157NAL0005022257001, received 2025-11-11
Employer share of total contributions
28.7%
Higher than 53% of the 24,084 plans $10 to 50M that report it.
Source
= $1,957,371 / $6,812,827
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251111105157NAL0005022257001, received 2025-11-11
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251111105157NAL0005022257001, received 2025-11-11
Plan terms, as stated in The Lovesac Company's SEC filings
Plan terms are described in The Lovesac Company's SEC filings: Form 10-K filed 2026-04-02. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251111105157NAL0005022257001, received 2025-11-11
Full record, The Lovesac Company 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE LOVESAC COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Plan name | THE LOVESAC COMPANY 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Sponsor EIN / plan number | 32-0514958 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Sponsor location | STAMFORD, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Industry (business code) | 442110, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Plan year | 2024-02-01 to 2025-01-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Filing received | 2025-11-11 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Participants, beginning of year | 1,753 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Active participants | 1,710 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Participants, end of year | 1,866 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Participants with an account balance | 790 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total assets, beginning of year | $16,307,693 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total assets, end of year | $24,770,174 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Net assets, end of year | $24,765,546 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total income | $9,964,358 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Net income | $8,457,853 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Employer contributions | $1,957,371 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Participant contributions | $3,727,531 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Other contributions (incl. rollovers) | $1,127,925 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total contributions | $6,812,827 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Benefit payments | $1,492,230 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total expenses (incl. benefit payments) | $1,506,505 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Total administrative expenses | $9,950 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Contract administrator fees | $9,950 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Administrative expenses excluding investment management | $9,950 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251111105157NAL0005022257001, received 2025-11-11 |
| Independent auditor | CBIZ CPAS P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251111105157NAL0005022257001, received 2025-11-11 |
Position = column in the DOL layout for form year 2024. Filing 20251111105157NAL0005022257001, received 2025-11-11.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ASSOCIATED PENSION CONSULTANTS INC | THIRD PARTY ADMINISTRATO | 49 Other services | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251111105157NAL0005022257001, received 2025-11-11.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $16,307,693 | $24,770,174 | 51.9% |
| Participants with a balance | 675 | 790 | 17.0% |
| Administrative expenses | $11,270 | $9,950 | -11.7% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,565,290 | $1,957,371 | 25.0% |
Prior filing 20241101125316NAL0001951171001, received 2024-11-01; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: THE LOVESAC COMPANY; SEC registrant: Lovesac Co (CIK 1701758, matched by EIN; display name from the Form 10-K cover).