Plan Snapshot
- Plan Sponsor: Badcock'S Economy Furniture Stores, INC.
- Sponsor EIN: 590656261
- Sponsor Address: 3931 RCA BLVD., SUITE 3122, PALM BEACH GARDENS, FL, 33410
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 146 | $5.5M | $70,732 | $292,608 |
| 2023 | 157 | $6.4M | $75,913 | $312,567 |
| 2022 | 182 | $5.6M | $80,119 | $352,498 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $18,628 | — | $18,628 |
| HOLYFIELD & THOMAS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLYFIELD & THOMAS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,628
- Estimated Expense Ratio: 0.338% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $18,628 | — | $18,628 | — | — |
| 2023 | $15,584 | — | $15,584 | — | — |
| 2022 | $14,946 | — | $14,946 | — | — |