Plan Snapshot
- Plan Sponsor: Watson Furniture Group, INC.
- Sponsor EIN: 911217855
- Sponsor Address: 26246 TWELVE TREES LANE NW, POULSBO, WA, 983709435
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $582,001 |
| 2023 | 159 | $9.8M | $185,480 | $559,122 |
| 2022 | 123 | $8.0M | $138,816 | $524,603 |
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 |
|---|---|---|---|---|
| HELLAM VARON & CO., INC. P.S. | 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 | $19,809 | — | $19,809 | — | — |
| 2023 | $28,669 | — | $28,669 | — | — |
| 2022 | $23,713 | — | $23,713 | — | — |