# Klaussner Furniture Industries, INC. 401(k) Plan
Source: https://planprovider.pro/companies/klaussner-furniture-industries-inc-401k-plan

> Klaussner Furniture Industries, INC.'s 401(k) plan: 547 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Klaussner Furniture Industries, INC.

- **Sponsor EIN:** 561264300

- **Sponsor Address:** 405 LEWALLEN ROAD, ASHEBORO, NC, 27204

- **Plan Type:** 401(k)

- **Total Participants:** 547

- **Total Assets:** $7.9M

## 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|547|$7.9M|$0|$0|

| 2023|547|$10.5M|$382,115|$778,537|

| 2022|999|$17.8M|$415,304|$1.2M|

## 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|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — 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|$79,570|—|—|—|—|

| 2023|$125,316|$46,035|—|—|—|

| 2022|$141,036|—|$141,036|—|—|

## Similar Plans

- [Kewaunee Scientific Corp.](https://planprovider.pro/companies/kewaunee-scientific-corp-401k-plan) — 524 participants

- [Cv Industries](https://planprovider.pro/companies/cv-industries-401k-plan) — 622 participants

- [Vanguard Furniture Co., INC.](https://planprovider.pro/companies/vanguard-furniture-co-inc-401k-plan) — 634 participants

- [Interstate Foam & Supply, INC.](https://planprovider.pro/companies/interstate-foam-supply-inc-401k-plan) — 447 participants

- [Lexington Home Brands](https://planprovider.pro/companies/lexington-home-brands-401k-plan) — 441 participants

- [Mccreary Modern, INC.](https://planprovider.pro/companies/mccreary-modern-inc-plan-002) — 675 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/klaussner-furniture-industries-inc-401k-plan)

© 2026 PlanProvider.Pro