Plan Snapshot
- Plan Sponsor: Grand Home Furnishings
- Sponsor EIN: 540462688
- Sponsor Address: 4235 ELECTRIC ROAD SW, ROANOKE, VA, 24018
- Plan Type: 401(k)
- Total Participants: 356
- Total Assets: $23.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 356 | $23.7M | $0 | $1.1M |
| 2023 | 336 | $24.3M | $248,972 | $1.2M |
| 2022 | 375 | $22.0M | $250,000 | $1.1M |
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 |
|---|---|---|---|---|
| J.A. JOHNSON & CO., P.C. | 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 | $115,823 | $56,759 | — | — | — |
| 2023 | $49,045 | — | — | $7,802 | — |
| 2022 | $62,771 | $62,771 | — | — | — |