Plan Snapshot
- Plan Sponsor: Royal Furniture Company
- Sponsor EIN: 620595572
- Sponsor Address: 930 SOUTH WHITE STATION ROAD, MEMPHIS, TN, 38117
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $11.1M
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 | 175 | $11.1M | $281,923 | $462,656 |
| 2023 | 185 | $10.3M | $273,792 | $462,214 |
| 2022 | 169 | $10.0M | $305,805 | $510,958 |
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 |
|---|---|---|---|---|
| REYNOLDS BONE & GRIESBECK, PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REYNOLDS BONE & GRIESBECK, PLC — 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 | $46,414 | $21,466 | — | — | — |
| 2023 | $39,537 | $20,365 | — | — | — |
| 2022 | $34,220 | — | $34,220 | — | — |