Plan Snapshot
- Plan Sponsor: Furniture Concepts, LLC
- Sponsor EIN: 270916559
- Sponsor Address: 5405 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON, TX, 77041
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 114 | $4.1M | $37,544 | $272,000 |
| 2023 | 120 | $3.6M | $47,031 | $330,843 |
| 2022 | 143 | $3.0M | $47,794 | $384,349 |
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 |
|---|---|---|---|---|
| EEPB | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $29,812 | — | $29,812 | — | — |
| 2023 | $28,326 | — | $28,326 | — | — |
| 2022 | $28,149 | — | $28,149 | — | — |