Sligh Furniture Co. Defined Benefit Pension Plan — Form 5500 plan (Lexington 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, Sligh Furniture Co. Defined Benefit Pension Plan is a benefit plan reported by Lexington Furniture Industries, Inc. under EIN 56-0201940 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $3,002,751 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lexington Furniture Industries, Inc.
EIN
56-0201940
Plan number
002
Plan type
2
Location
Thomasville, NC
Latest filing year
2023
Participants
139
End-of-year plan assets
$3,002,751

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023139H, C20240726152122NAL0015735761001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,002,751
Total liabilities (EOY)
$0
Net assets (EOY)
$3,002,751
Net assets (BOY)
$3,221,033

Income & contributions

Employer contributions
$0
Total contributions
$0
Total income / additions
$302,545

Expenses & distributions

Benefits paid
$401,303
Administrative expenses
$119,524
Total expenses
$520,827
Net increase / (decrease)
-$218,282

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wilmington TrustNONE$20,148not reported in the loaded dataset2023
Watkins RossNONE$8,480not reported in the loaded dataset2023
Long, Cpa PllcNONE$6,000not reported in the loaded dataset2023

Related Form 5500 pages