2023 Form 5500 filing — Best Home Furnishings 401(K) Savings 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 20241004121925NAL0019605648001) for Best Home Furnishings 401(K) Savings Plan, reported by Best Chairs, Inc. under EIN 35-1075512 and plan number 002. It reports 984 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)$71.2MReported net assets$71,152,865
Participants984
Provider compensation$125.5K2 Schedule C row(s)$125,515
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241004121925NAL0019605648001
- Plan sponsor
- Best Chairs, Inc.
- EIN
- 35-1075512
- Plan number
- 002
- Location
- Ferdinand, IN
- 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)$71.2M total assets
Net assets$71.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $71,152,865
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,152,865
- Employer contributions
- $740,303
- Participant contributions
- $2,451,826
- Total income / additions
- $13,858,053
- Benefits paid
- $4,942,707
- Administrative expenses
- $131,445
- Total expenses
- $5,074,152
- Net increase / (decrease)
- $8,783,901
Schedule C
Reported service provider compensation
Compensation reported on the 2023 filing, ranked by reported total.
- 1
- 2