Floor King, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Floor King, 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, Floor King, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Floor King, Inc. under EIN 74-2421542 and plan number 001. The latest loaded filing year is 2023. The filing reports 132 participants and $5,368,563 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.4MPlan net assets, end of year$5,368,563
Participants132Covered participants reported
Assets / participant$40.7KComputed: assets ÷ participants$40,671 (computed)
Provider compensationNone reported
Plan sponsor
Floor King, Inc.
EIN
74-2421542
Plan number
001
Plan type
2
Location
Austin, TX
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    132 participants · 2Sch I
    View filing →
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.4M total assets
Net assets$5.4MLiabilities$0
Money in vs. money out
Total income / additions$1.4M
Total expenses$946.2K
Benefits paid / distributions$924.8K
Contributions
Employer$56.9K
Participant$433.8K
Full reported line items

Net assets

Total assets (EOY)
$5,368,563
Total liabilities (EOY)
$0
Net assets (EOY)
$5,368,563
Net assets (BOY)
$4,942,541

Income & contributions

Employer contributions
$56,916
Participant contributions
$433,816
Total income / additions
$1,372,204

Expenses & distributions

Benefits paid
$924,760
Administrative expenses
$21,422
Total expenses
$946,182
Net increase / (decrease)
$426,022
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 12%Participant 88%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income67%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the Floor King, Inc. 401(K) Profit Sharing Plan & Trust?
Floor King, Inc. 401(K) Profit Sharing Plan & Trust is reported as sponsored by Floor King, Inc. (EIN 74-2421542, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Floor King, Inc. 401(K) Profit Sharing Plan & Trust?
The latest Form 5500 filing year loaded for Floor King, Inc. 401(K) Profit Sharing Plan & Trust is 2023.
How many participants does Floor King, Inc. 401(K) Profit Sharing Plan & Trust report?
Floor King, Inc. 401(K) Profit Sharing Plan & Trust reports 132 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Floor King, Inc. 401(K) Profit Sharing Plan & Trust?
Floor King, Inc. 401(K) Profit Sharing Plan & Trust reports $5,368,563 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages