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GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameGARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN
Plan identification number 001

GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

GARDEN CITY FURNITURE CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:GARDEN CITY FURNITURE CO., INC.
Employer identification number (EIN):570426169
NAIC Classification:442110
NAIC Description:Furniture Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01CHARLEY RAY
0012009-01-01CHARLEY RAY

Plan Statistics for GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN

401k plan membership statisitcs for GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN

Measure Date Value
2010: GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0110
Total number of active participants reported on line 7a of the Form 55002010-01-010
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-013
Total of all active and inactive participants2010-01-013
Total participants2010-01-013
Number of participants with account balances2010-01-013
2009: GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0155
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0110
Total of all active and inactive participants2009-01-0110
Total participants2009-01-0110
Number of participants with account balances2009-01-0110

Financial Data on GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN

Measure Date Value
2011 : GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-08-15$0
Expenses. Total of all expenses incurred2011-08-15$4,017
Benefits paid (including direct rollovers)2011-08-15$3,386
Total plan assets at end of year2011-08-15$0
Total plan assets at beginning of year2011-08-15$4,017
Net income (gross income less expenses)2011-08-15$-4,017
Net plan assets at end of year (total assets less liabilities)2011-08-15$0
Net plan assets at beginning of year (total assets less liabilities)2011-08-15$4,017
Expenses. Administrative service providers (salaries,fees and commissions)2011-08-15$631
2010 : GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$3
Expenses. Total of all expenses incurred2010-12-31$23,207
Benefits paid (including direct rollovers)2010-12-31$23,207
Total plan assets at end of year2010-12-31$4,017
Total plan assets at beginning of year2010-12-31$27,221
Other income received2010-12-31$3
Net income (gross income less expenses)2010-12-31$-23,204
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,017
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$27,221

Form 5500 Responses for GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN

2010: GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: GARDEN CITY FURNITURE CO.,INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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