Grand Rapids Chair Company 401(K) Retirement Savings Plan — Form 5500 plan (Grand Rapids Chair Company)
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, Grand Rapids Chair Company 401(K) Retirement Savings Plan is a benefit plan reported by Grand Rapids Chair Company under EIN 38-3249793 and plan number 001. The latest loaded filing year is 2023. The filing reports 191 participants and $3,692,897 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Grand Rapids Chair Company
- EIN
- 38-3249793
- Plan number
- 001
- Plan type
- 2
- Location
- Byron Center, MI
- Latest filing year
- 2023
- Participants
- 191
- End-of-year plan assets
- $3,692,897
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 191 | H, C | 20241008034440NAL0027798384001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,692,897
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,692,897
- Net assets (BOY)
- $3,007,281
Income & contributions
- Employer contributions
- $261,248
- Participant contributions
- $532,659
- Total contributions
- $802,973
- Total income / additions
- $1,332,734
Expenses & distributions
- Benefits paid
- $614,028
- Administrative expenses
- $33,090
- Total expenses
- $647,118
- Net increase / (decrease)
- $685,616
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $14,789 | $1,750 | 2023 |
| Huntington National Bank | INVESTMENT ADVISOR | $8,494 | not reported in the loaded dataset | 2023 |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $6,512 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | CONTRACT ADMIN | $0 | $6,310 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,295 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Grand Rapids Chair Company
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Byron Center, MI
- Empower Annuity Insurance Company — Schedule C compensation
- Huntington National Bank — Schedule C compensation
- Onedigital Investment Advisors LLC — Schedule C compensation
- Newport Group, Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation