2023 Form 5500 filing — Davis Furniture Industries, Inc. Employees' 401(K) Plan And Trust
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 20241203110438NAL0001577187001) for Davis Furniture Industries, Inc. Employees' 401(K) Plan And Trust, reported by Davis Furniture Industries, Inc. under EIN 56-0591838 and plan number 003. It reports 282 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241203110438NAL0001577187001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Davis Furniture Industries, Inc.
- EIN
- 56-0591838
- Plan number
- 003
- Location
- High Point, NC
- Participants
- 282
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,922,524
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,922,524
- Employer contributions
- $2,950
- Participant contributions
- $753,306
- Total income / additions
- $1,564,537
- Benefits paid
- $351,554
- Administrative expenses
- $24,518
- Total expenses
- $376,072
- Net increase / (decrease)
- $1,188,465
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pinnacle Bank | NONE | $24,468 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $50 | $0 |