2023 Form 5500 filing — Rite Rug Co. 401(K) Retirement 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 20240919115820NAL0002316451001) for Rite Rug Co. 401(K) Retirement Plan, reported by Rite Rug Company, Inc. under EIN 31-4365448 and plan number 001. It reports 932 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$16MReported net assets$16,024,341
Participants932
Provider compensation$108.7K4 Schedule C row(s)$108,661
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240919115820NAL0002316451001
Plan sponsor
Rite Rug Company, Inc.
EIN
31-4365448
Plan number
001
Location
Columbus, OH
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16M total assets
Net assets$16MLiabilities$0
Money in vs. money out
Total income / additions$4.1M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$6.8K
Participant$1.3M
Full reported line items
Total assets (EOY)
$16,024,341
Total liabilities (EOY)
$0
Net assets (EOY)
$16,024,341
Employer contributions
$6,835
Participant contributions
$1,327,698
Total income / additions
$4,135,659
Benefits paid
$1,016,429
Administrative expenses
$108,661
Total expenses
$1,127,691
Net increase / (decrease)
$3,007,968

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$38,958$0
Empower Advisory Group, LLCINVESTMENT MGMT$34,235not reported in the loaded dataset
Fifth Third BankINVESTMENT ADVISOR$20,468not reported in the loaded dataset
Schneider Downs & Co, IncAUDITOR$15,000not reported in the loaded dataset

Related Form 5500 pages