2023 Form 5500 filing — Furniture Mart Usa, Inc. Employee Profit Sharing 401(K) 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 20241011165845NAL0039567728001) for Furniture Mart Usa, Inc. Employee Profit Sharing 401(K) Plan, reported by Furniture Mart Usa, Inc. under EIN 46-0346494 and plan number 002. It reports 1,261 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011165845NAL0039567728001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Furniture Mart Usa, Inc.
- EIN
- 46-0346494
- Plan number
- 002
- Location
- Sioux Falls, SD
- Participants
- 1,261
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,534,725
- Total liabilities (EOY)
- $37,088
- Net assets (EOY)
- $30,497,637
- Employer contributions
- $1,026,782
- Participant contributions
- $2,041,132
- Total income / additions
- $7,826,191
- Benefits paid
- $1,868,107
- Administrative expenses
- $50,669
- Total expenses
- $1,966,020
- Net increase / (decrease)
- $5,860,171
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Bank & Trust | FIDUCIARY | $50,670 | not reported in the loaded dataset |