Plan Snapshot
- Plan Sponsor: King Hickory Furniture Co
- Sponsor EIN: 560677684
- Sponsor Address: 1820 MAIN AVE SE, HICKORY, NC, 28602
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $964,984
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 | 161 | $964,984 | $91,700 | $261,037 |
| 2023 | 170 | $600,268 | $93,392 | $240,840 |
| 2022 | 184 | $268,589 | $97,724 | $223,801 |
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 |
|---|---|---|---|---|
| ELLIOTT GROUP CPAS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT GROUP CPAS 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 | $8,425 | — | — | — | — |
| 2023 | $7,940 | — | — | — | — |
| 2022 | $2,856 | — | — | — | — |