2023 Form 5500 filing — Grand Rapids Chair Company 401(K) Retirement 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 20241008034440NAL0027798384001) for Grand Rapids Chair Company 401(K) Retirement Savings Plan, reported by Grand Rapids Chair Company under EIN 38-3249793 and plan number 001. It reports 191 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008034440NAL0027798384001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Grand Rapids Chair Company
- EIN
- 38-3249793
- Plan number
- 001
- Location
- Byron Center, MI
- Participants
- 191
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,692,897
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,692,897
- Employer contributions
- $261,248
- Participant contributions
- $532,659
- Total income / additions
- $1,332,734
- Benefits paid
- $614,028
- Administrative expenses
- $33,090
- Total expenses
- $647,118
- Net increase / (decrease)
- $685,616
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $14,789 | $1,750 |
| Huntington National Bank | INVESTMENT ADVISOR | $8,494 | not reported in the loaded dataset |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $6,512 | not reported in the loaded dataset |
| Newport Group, Inc. | CONTRACT ADMIN | $0 | $6,310 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,295 | not reported in the loaded dataset |