2023 Form 5500 filing — Ashley Furniture Industries, LLC 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 20240829112854NAL0006404035001) for Ashley Furniture Industries, LLC Profit Sharing 401(K) Plan, reported by Ashley Furniture Industries, LLC under EIN 39-1141201 and plan number 001. It reports 21,180 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829112854NAL0006404035001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ashley Furniture Industries, LLC
- EIN
- 39-1141201
- Plan number
- 001
- Location
- Arcadia, WI
- Participants
- 21,180
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $489,717,299
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $489,717,299
- Employer contributions
- $11,000,329
- Participant contributions
- $47,881,162
- Total income / additions
- $128,674,109
- Benefits paid
- $64,427,667
- Administrative expenses
- $1,216,253
- Total expenses
- $65,737,703
- Net increase / (decrease)
- $62,936,406
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $978,209 | $0 |
| Francis Investment | INV ADV, PARTICIPANTS | $214,083 | not reported in the loaded dataset |
| Quality Resource Group | OTHER SERVICES | $12,652 | not reported in the loaded dataset |
| American Solutions For | RECORDKEEPER/BOOKKEEPER | $11,308 | not reported in the loaded dataset |