2023 Form 5500 filing — Best Home Furnishings 401(K) Savings 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 20241004121925NAL0019605648001) for Best Home Furnishings 401(K) Savings Plan, reported by Best Chairs, Inc. under EIN 35-1075512 and plan number 002. It reports 984 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$71.2MReported net assets$71,152,865
Participants984
Provider compensation$125.5K2 Schedule C row(s)$125,515
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241004121925NAL0019605648001
Plan sponsor
Best Chairs, Inc.
EIN
35-1075512
Plan number
002
Location
Ferdinand, IN
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 H · 2023

Reported financial snapshot

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

Reported balance (end of year)$71.2M total assets
Net assets$71.2MLiabilities$0
Money in vs. money out
Total income / additions$13.9M
Total expenses$5.1M
Benefits paid / distributions$4.9M
Contributions
Employer$740.3K
Participant$2.5M
Full reported line items
Total assets (EOY)
$71,152,865
Total liabilities (EOY)
$0
Net assets (EOY)
$71,152,865
Employer contributions
$740,303
Participant contributions
$2,451,826
Total income / additions
$13,858,053
Benefits paid
$4,942,707
Administrative expenses
$131,445
Total expenses
$5,074,152
Net increase / (decrease)
$8,783,901
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $85.5K · Indirect $0
  2. 2
    NA · Direct $40K

Related Form 5500 pages