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, Sherrill Savings And Profit Sharing Plan is a benefit plan reported by Sherrill Furniture Company under EIN 56-0475593 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,097 participants and $47,527,049 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $47,527,049
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,527,049
- Net assets (BOY)
- $45,076,471
Income & contributions
- Employer contributions
- $558,880
- Participant contributions
- $1,633,950
- Total contributions
- $2,257,304
- Total income / additions
- $8,515,861
Expenses & distributions
- Benefits paid
- $5,865,514
- Administrative expenses
- $142,693
- Total expenses
- $6,065,283
- Net increase / (decrease)
- $2,450,578