Klaussner Retirement Savings Plan — Form 5500 plan (Klaussner Furniture Industries, Inc.)
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, Klaussner Retirement Savings Plan is a benefit plan reported by Klaussner Furniture Industries, Inc. under EIN 56-1264300 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,159 participants and $10,541,728 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Klaussner Furniture Industries, Inc.
- EIN
- 56-1264300
- Plan number
- 001
- Plan type
- 2
- Location
- Asheboro, NC
- Latest filing year
- 2023
- Participants
- 1,159
- End-of-year plan assets
- $10,541,728
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,159 | H, C | 20241228091811NAL0023698784001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,541,728
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,541,728
- Net assets (BOY)
- $17,846,770
Income & contributions
- Employer contributions
- $382,115
- Participant contributions
- $778,537
- Total contributions
- $1,169,937
- Total income / additions
- $3,228,821
Expenses & distributions
- Benefits paid
- $10,280,582
- Administrative expenses
- $125,316
- Total expenses
- $10,533,863
- Net increase / (decrease)
- -$7,305,042
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $79,281 | $0 | 2023 |
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $39,663 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,372 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Klaussner Furniture Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Asheboro, NC
- Empower Annuity Insurance Company O — Schedule C compensation
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation