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PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 401k Plan overview

Plan NamePROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.
Plan identification number 001

PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing

401k Sponsoring company profile

MASSIE FURNITURE COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:MASSIE FURNITURE COMPANY, INC.
Employer identification number (EIN):560993303
NAIC Classification:442110
NAIC Description:Furniture Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-11-01THOMAS C MASSIE2024-01-19 THOMAS C MASSIE2024-01-19
0012021-11-01
0012020-11-01
0012019-11-01
0012018-11-01
0012017-11-01THOMAS C. MASSIE
0012016-11-01THOMAS C. MASSIE THOMAS C. MASSIE2018-01-23
0012015-11-01THOMAS C. MASSIE THOMAS C. MASSIE2016-12-05
0012014-11-01THOMAS C. MASSIE THOMAS C. MASSIE2015-11-20
0012013-11-01THOMAS C. MASSIE THOMAS C. MASSIE2014-12-17
0012012-11-01THOMAS C. MASSIE THOMAS C. MASSIE2013-12-12
0012011-11-01THOMAS C. MASSIE THOMAS C. MASSIE2012-12-05
0012009-11-01THOMAS C. MASSIE THOMAS C. MASSIE2011-02-02

Plan Statistics for PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.

401k plan membership statisitcs for PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.

Measure Date Value
2022: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2022 401k membership
Total participants, beginning-of-year2022-11-018
Total number of active participants reported on line 7a of the Form 55002022-11-018
Number of retired or separated participants receiving benefits2022-11-010
Number of other retired or separated participants entitled to future benefits2022-11-010
Total of all active and inactive participants2022-11-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-11-010
Total participants2022-11-018
Number of participants with account balances2022-11-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-11-010
2021: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2021 401k membership
Total participants, beginning-of-year2021-11-017
Total number of active participants reported on line 7a of the Form 55002021-11-018
Number of retired or separated participants receiving benefits2021-11-010
Number of other retired or separated participants entitled to future benefits2021-11-010
Total of all active and inactive participants2021-11-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-11-010
Total participants2021-11-018
Number of participants with account balances2021-11-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-11-010
2020: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2020 401k membership
Total participants, beginning-of-year2020-11-017
Total number of active participants reported on line 7a of the Form 55002020-11-017
Number of retired or separated participants receiving benefits2020-11-010
Number of other retired or separated participants entitled to future benefits2020-11-010
Total of all active and inactive participants2020-11-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-11-010
Total participants2020-11-017
Number of participants with account balances2020-11-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-11-010
2019: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2019 401k membership
Total participants, beginning-of-year2019-11-016
Total number of active participants reported on line 7a of the Form 55002019-11-017
Number of retired or separated participants receiving benefits2019-11-010
Number of other retired or separated participants entitled to future benefits2019-11-010
Total of all active and inactive participants2019-11-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-11-010
Total participants2019-11-017
Number of participants with account balances2019-11-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-11-010
2018: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2018 401k membership
Total participants, beginning-of-year2018-11-016
Total number of active participants reported on line 7a of the Form 55002018-11-016
Number of retired or separated participants receiving benefits2018-11-010
Number of other retired or separated participants entitled to future benefits2018-11-010
Total of all active and inactive participants2018-11-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-11-010
Total participants2018-11-016
Number of participants with account balances2018-11-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-11-010
2017: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2017 401k membership
Total participants, beginning-of-year2017-11-017
Total number of active participants reported on line 7a of the Form 55002017-11-016
Number of retired or separated participants receiving benefits2017-11-010
Number of other retired or separated participants entitled to future benefits2017-11-010
Total of all active and inactive participants2017-11-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-11-010
Total participants2017-11-016
Number of participants with account balances2017-11-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-11-010
2016: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2016 401k membership
Total participants, beginning-of-year2016-11-018
Total number of active participants reported on line 7a of the Form 55002016-11-017
Number of retired or separated participants receiving benefits2016-11-010
Number of other retired or separated participants entitled to future benefits2016-11-010
Total of all active and inactive participants2016-11-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-11-010
Total participants2016-11-017
Number of participants with account balances2016-11-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-11-010
2015: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2015 401k membership
Total participants, beginning-of-year2015-11-018
Total number of active participants reported on line 7a of the Form 55002015-11-017
Number of retired or separated participants receiving benefits2015-11-010
Number of other retired or separated participants entitled to future benefits2015-11-010
Total of all active and inactive participants2015-11-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-11-011
Total participants2015-11-018
Number of participants with account balances2015-11-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-010
2014: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2014 401k membership
Total participants, beginning-of-year2014-11-0110
Total number of active participants reported on line 7a of the Form 55002014-11-017
Number of retired or separated participants receiving benefits2014-11-010
Number of other retired or separated participants entitled to future benefits2014-11-010
Total of all active and inactive participants2014-11-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-11-011
Total participants2014-11-018
Number of participants with account balances2014-11-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-11-010
2013: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2013 401k membership
Total participants, beginning-of-year2013-11-0111
Total number of active participants reported on line 7a of the Form 55002013-11-0110
Number of retired or separated participants receiving benefits2013-11-010
Number of other retired or separated participants entitled to future benefits2013-11-010
Total of all active and inactive participants2013-11-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-11-010
Total participants2013-11-0110
Number of participants with account balances2013-11-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-11-010
2012: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2012 401k membership
Total participants, beginning-of-year2012-11-0111
Total number of active participants reported on line 7a of the Form 55002012-11-0111
Number of retired or separated participants receiving benefits2012-11-010
Number of other retired or separated participants entitled to future benefits2012-11-010
Total of all active and inactive participants2012-11-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-11-010
Total participants2012-11-0111
Number of participants with account balances2012-11-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-11-010
2011: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2011 401k membership
Total participants, beginning-of-year2011-11-0112
Total number of active participants reported on line 7a of the Form 55002011-11-0111
Number of retired or separated participants receiving benefits2011-11-010
Number of other retired or separated participants entitled to future benefits2011-11-010
Total of all active and inactive participants2011-11-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-11-010
Total participants2011-11-0111
Number of participants with account balances2011-11-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-11-010
2009: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2009 401k membership
Total participants, beginning-of-year2009-11-017
Total number of active participants reported on line 7a of the Form 55002009-11-0112
Number of retired or separated participants receiving benefits2009-11-010
Number of other retired or separated participants entitled to future benefits2009-11-010
Total of all active and inactive participants2009-11-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-11-010
Total participants2009-11-0112
Number of participants with account balances2009-11-0112

Financial Data on PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.

Measure Date Value
2023 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2023 401k financial data
Total plan liabilities at end of year2023-10-31$0
Total plan liabilities at beginning of year2023-10-31$0
Total income from all sources2023-10-31$232,643
Expenses. Total of all expenses incurred2023-10-31$105,008
Benefits paid (including direct rollovers)2023-10-31$105,008
Total plan assets at end of year2023-10-31$3,090,414
Total plan assets at beginning of year2023-10-31$2,962,779
Value of fidelity bond covering the plan2023-10-31$300,000
Other income received2023-10-31$157,643
Net income (gross income less expenses)2023-10-31$127,635
Net plan assets at end of year (total assets less liabilities)2023-10-31$3,090,414
Net plan assets at beginning of year (total assets less liabilities)2023-10-31$2,962,779
Assets. Value of participant loans2023-10-31$30,133
Total contributions received or receivable from employer(s)2023-10-31$75,000
2022 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2022 401k financial data
Total income from all sources2022-10-31$-385,306
Expenses. Total of all expenses incurred2022-10-31$113,797
Benefits paid (including direct rollovers)2022-10-31$113,797
Total plan assets at end of year2022-10-31$2,962,779
Total plan assets at beginning of year2022-10-31$3,461,882
Value of fidelity bond covering the plan2022-10-31$300,000
Other income received2022-10-31$-435,306
Net income (gross income less expenses)2022-10-31$-499,103
Net plan assets at end of year (total assets less liabilities)2022-10-31$2,962,779
Net plan assets at beginning of year (total assets less liabilities)2022-10-31$3,461,882
Assets. Value of participant loans2022-10-31$50,892
Total contributions received or receivable from employer(s)2022-10-31$50,000
2021 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2021 401k financial data
Total plan liabilities at beginning of year2021-10-31$0
Total income from all sources2021-10-31$673,847
Expenses. Total of all expenses incurred2021-10-31$93,617
Benefits paid (including direct rollovers)2021-10-31$93,617
Total plan assets at end of year2021-10-31$3,461,882
Total plan assets at beginning of year2021-10-31$2,881,652
Value of fidelity bond covering the plan2021-10-31$300,000
Other income received2021-10-31$573,847
Net income (gross income less expenses)2021-10-31$580,230
Net plan assets at end of year (total assets less liabilities)2021-10-31$3,461,882
Net plan assets at beginning of year (total assets less liabilities)2021-10-31$2,881,652
Assets. Value of participant loans2021-10-31$70,746
Total contributions received or receivable from employer(s)2021-10-31$100,000
2020 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2020 401k financial data
Total plan liabilities at beginning of year2020-10-31$0
Total income from all sources2020-10-31$31,063
Expenses. Total of all expenses incurred2020-10-31$95,000
Benefits paid (including direct rollovers)2020-10-31$95,000
Total plan assets at end of year2020-10-31$2,881,652
Total plan assets at beginning of year2020-10-31$2,945,589
Value of fidelity bond covering the plan2020-10-31$300,000
Other income received2020-10-31$-18,937
Net income (gross income less expenses)2020-10-31$-63,937
Net plan assets at end of year (total assets less liabilities)2020-10-31$2,881,652
Net plan assets at beginning of year (total assets less liabilities)2020-10-31$2,945,589
Assets. Value of participant loans2020-10-31$90,318
Total contributions received or receivable from employer(s)2020-10-31$50,000
2018 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2018 401k financial data
Total plan liabilities at beginning of year2018-10-31$0
Total income from all sources2018-10-31$-104,234
Expenses. Total of all expenses incurred2018-10-31$93,598
Benefits paid (including direct rollovers)2018-10-31$93,598
Total plan assets at end of year2018-10-31$2,707,417
Total plan assets at beginning of year2018-10-31$2,905,249
Value of fidelity bond covering the plan2018-10-31$300,000
Other income received2018-10-31$-104,234
Net income (gross income less expenses)2018-10-31$-197,832
Net plan assets at end of year (total assets less liabilities)2018-10-31$2,707,417
Net plan assets at beginning of year (total assets less liabilities)2018-10-31$2,905,249
2017 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2017 401k financial data
Total income from all sources2017-10-31$371,128
Expenses. Total of all expenses incurred2017-10-31$235,794
Benefits paid (including direct rollovers)2017-10-31$235,794
Total plan assets at end of year2017-10-31$2,905,249
Total plan assets at beginning of year2017-10-31$2,769,915
Value of fidelity bond covering the plan2017-10-31$300,000
Other income received2017-10-31$371,128
Net income (gross income less expenses)2017-10-31$135,334
Net plan assets at end of year (total assets less liabilities)2017-10-31$2,905,249
Net plan assets at beginning of year (total assets less liabilities)2017-10-31$2,769,915
2016 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2016 401k financial data
Total income from all sources2016-10-31$185,514
Expenses. Total of all expenses incurred2016-10-31$73,762
Benefits paid (including direct rollovers)2016-10-31$73,762
Total plan assets at end of year2016-10-31$2,769,915
Total plan assets at beginning of year2016-10-31$2,658,163
Value of fidelity bond covering the plan2016-10-31$100,000
Other income received2016-10-31$185,514
Net income (gross income less expenses)2016-10-31$111,752
Net plan assets at end of year (total assets less liabilities)2016-10-31$2,769,915
Net plan assets at beginning of year (total assets less liabilities)2016-10-31$2,658,163
2015 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2015 401k financial data
Total income from all sources2015-10-31$-9,293
Expenses. Total of all expenses incurred2015-10-31$135,906
Benefits paid (including direct rollovers)2015-10-31$135,906
Total plan assets at end of year2015-10-31$2,658,163
Total plan assets at beginning of year2015-10-31$2,803,362
Value of fidelity bond covering the plan2015-10-31$100,000
Other income received2015-10-31$-9,293
Net income (gross income less expenses)2015-10-31$-145,199
Net plan assets at end of year (total assets less liabilities)2015-10-31$2,658,163
Net plan assets at beginning of year (total assets less liabilities)2015-10-31$2,803,362
2014 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2014 401k financial data
Total income from all sources2014-10-31$168,841
Expenses. Total of all expenses incurred2014-10-31$129,239
Benefits paid (including direct rollovers)2014-10-31$129,239
Total plan assets at end of year2014-10-31$2,803,362
Total plan assets at beginning of year2014-10-31$2,763,760
Value of fidelity bond covering the plan2014-10-31$100,000
Other income received2014-10-31$168,841
Net income (gross income less expenses)2014-10-31$39,602
Net plan assets at end of year (total assets less liabilities)2014-10-31$2,803,362
Net plan assets at beginning of year (total assets less liabilities)2014-10-31$2,763,760
2013 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2013 401k financial data
Total income from all sources2013-10-31$259,519
Expenses. Total of all expenses incurred2013-10-31$69,203
Benefits paid (including direct rollovers)2013-10-31$69,203
Total plan assets at end of year2013-10-31$2,763,760
Total plan assets at beginning of year2013-10-31$2,573,444
Value of fidelity bond covering the plan2013-10-31$100,000
Other income received2013-10-31$259,519
Net income (gross income less expenses)2013-10-31$190,316
Net plan assets at end of year (total assets less liabilities)2013-10-31$2,763,760
Net plan assets at beginning of year (total assets less liabilities)2013-10-31$2,573,444
2012 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2012 401k financial data
Total income from all sources2012-10-31$339,909
Expenses. Total of all expenses incurred2012-10-31$61,225
Benefits paid (including direct rollovers)2012-10-31$61,225
Total plan assets at end of year2012-10-31$2,573,444
Total plan assets at beginning of year2012-10-31$2,294,760
Value of fidelity bond covering the plan2012-10-31$100,000
Other income received2012-10-31$339,909
Net income (gross income less expenses)2012-10-31$278,684
Net plan assets at end of year (total assets less liabilities)2012-10-31$2,573,444
Net plan assets at beginning of year (total assets less liabilities)2012-10-31$2,294,760
2011 : PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2011 401k financial data
Total income from all sources2011-10-31$-37,895
Expenses. Total of all expenses incurred2011-10-31$56,789
Benefits paid (including direct rollovers)2011-10-31$56,789
Total plan assets at end of year2011-10-31$2,294,760
Total plan assets at beginning of year2011-10-31$2,389,444
Value of fidelity bond covering the plan2011-10-31$100,000
Other income received2011-10-31$-37,895
Net income (gross income less expenses)2011-10-31$-94,684
Net plan assets at end of year (total assets less liabilities)2011-10-31$2,294,760
Net plan assets at beginning of year (total assets less liabilities)2011-10-31$2,389,444

Form 5500 Responses for PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC.

2022: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01Submission has been amendedNo
2022-11-01This submission is the final filingNo
2022-11-01This return/report is a short plan year return/report (less than 12 months)No
2022-11-01Plan is a collectively bargained planNo
2022-11-01Plan funding arrangement – TrustYes
2022-11-01Plan benefit arrangement - TrustYes
2021: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Plan funding arrangement – TrustYes
2021-11-01Plan benefit arrangement - TrustYes
2020: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01Plan funding arrangement – TrustYes
2020-11-01Plan benefit arrangement - TrustYes
2019: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2019 form 5500 responses
2019-11-01Type of plan entitySingle employer plan
2019-11-01Plan funding arrangement – TrustYes
2019-11-01Plan benefit arrangement - TrustYes
2018: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2018 form 5500 responses
2018-11-01Type of plan entitySingle employer plan
2018-11-01Plan funding arrangement – TrustYes
2018-11-01Plan benefit arrangement - TrustYes
2017: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2017 form 5500 responses
2017-11-01Type of plan entitySingle employer plan
2017-11-01Plan funding arrangement – TrustYes
2017-11-01Plan benefit arrangement - TrustYes
2016: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2016 form 5500 responses
2016-11-01Type of plan entitySingle employer plan
2016-11-01Plan funding arrangement – TrustYes
2016-11-01Plan benefit arrangement - TrustYes
2015: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2012: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement - TrustYes
2011: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2011 form 5500 responses
2011-11-01Type of plan entitySingle employer plan
2011-11-01Plan funding arrangement – TrustYes
2011-11-01Plan benefit arrangement - TrustYes
2009: PROFIT SHARING PLAN & TRUST OF MASSIE FURNITURE COMPANY, INC. 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement - TrustYes

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