2023 Form 5500 filing — Sligh Furniture Co. Defined Benefit Pension Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240726152122NAL0015735761001) for Sligh Furniture Co. Defined Benefit Pension Plan, reported by Lexington Furniture Industries, Inc. under EIN 56-0201940 and plan number 002. It reports 139 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726152122NAL0015735761001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lexington Furniture Industries, Inc.
- EIN
- 56-0201940
- Plan number
- 002
- Location
- Thomasville, NC
- Participants
- 139
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,002,751
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,002,751
- Employer contributions
- $0
- Total income / additions
- $302,545
- Benefits paid
- $401,303
- Administrative expenses
- $119,524
- Total expenses
- $520,827
- Net increase / (decrease)
- -$218,282
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wilmington Trust | NONE | $20,148 | not reported in the loaded dataset |
| Watkins Ross | NONE | $8,480 | not reported in the loaded dataset |
| Long, Cpa Pllc | NONE | $6,000 | not reported in the loaded dataset |