Plan Snapshot
- Plan Sponsor: Furnitureland South, INC.
- Sponsor EIN: 560958180
- Sponsor Address: 5635 RIVERDALE DRIVE, JAMESTOWN, NC, 272821550
- Plan Type: 401(k)
- Total Participants: 551
- Total Assets: $38.8M
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 | 551 | $38.8M | $984,215 | $2.0M |
| 2023 | 560 | $35.2M | $991,161 | $1.9M |
| 2022 | 521 | $30.2M | $932,617 | $1.8M |
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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — Auditor
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 | $61,311 | — | $61,311 | — | — |
| 2023 | $41,682 | — | $41,682 | — | — |
| 2022 | $40,747 | $30,515 | $10,232 | — | — |