Business Furniture Corporation 401k Savings Plan — Form 5500 plan (Business Furniture Corporation)
Plain-English plan 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, Business Furniture Corporation 401k Savings Plan is a benefit plan reported by Business Furniture Corporation under EIN 35-0207380 and plan number 001. The latest loaded filing year is 2023. The filing reports 114 participants and $7,484,580 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Business Furniture Corporation
- EIN
- 35-0207380
- Plan number
- 001
- Plan type
- 2
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 114
- End-of-year plan assets
- $7,484,580
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 114 | H, C | 20241009134259NAL0010688323001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,484,580
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,484,580
- Net assets (BOY)
- $7,448,730
Income & contributions
- Employer contributions
- $63,503
- Participant contributions
- $487,628
- Total contributions
- $551,131
- Total income / additions
- $1,805,366
Expenses & distributions
- Benefits paid
- $1,768,439
- Administrative expenses
- $1,077
- Total expenses
- $1,769,516
- Net increase / (decrease)
- $35,850
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American United Life Insurance Co | NONE | $1,377 | $46,040 | 2023 |
| Rpa Financial | NONE | $0 | $10,974 | 2023 |