2023 Form 5500 filing — Gorman'S Furniture, Inc. 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 20240911094521NAL0006872049001) for Gorman'S Furniture, Inc. 401(K) Plan, reported by Gorman'S Furniture, Inc. under EIN 38-2232749 and plan number 001. It reports 102 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$3.5MReported net assets$3,482,195
Participants102
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240911094521NAL0006872049001
Plan sponsor
Gorman'S Furniture, Inc.
EIN
38-2232749
Plan number
001
Location
Farmington Hills, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$3.5M total assets
Net assets$3.5MLiabilities$0
Money in vs. money out
Total income / additions$600.6K
Total expenses$1M
Benefits paid / distributions$1M
Contributions
Employer$0
Participant$147.3K
Full reported line items
Total assets (EOY)
$3,482,195
Total liabilities (EOY)
$0
Net assets (EOY)
$3,482,195
Employer contributions
$0
Participant contributions
$147,304
Total income / additions
$600,640
Benefits paid
$1,016,402
Administrative expenses
$9,616
Total expenses
$1,032,920
Net increase / (decrease)
-$432,280

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240911094521NAL0006872049001 cover?
It is the 2023 Form 5500 filing for Gorman'S Furniture, Inc. 401(K) Plan, reported by Gorman'S Furniture, Inc. (EIN 38-2232749).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages