Plan Snapshot
- Plan Sponsor: Jackson Furniture Industries, In
- Sponsor EIN: 640338186
- Sponsor Address: 1910 KING EDWARD AVENUE, CLEVELAND, TN, 37323
- Plan Type: 401(k)
- Total Participants: 790
- Total Assets: $5.1M
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 | 790 | $5.1M | $96,846 | $377,654 |
| 2023 | 882 | $4.5M | $115,801 | $400,304 |
| 2022 | 997 | $4.3M | $131,033 | $418,249 |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON AND MCCULLO | 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 | $7,974 | — | — | — | — |
| 2023 | $9,100 | — | — | — | — |
| 2022 | $9,458 | — | — | — | — |