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BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST 401k Plan overview

Plan NameBIG RED APPLIANCES, INC., 401(K) PLAN & TRUST
Plan identification number 001

BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

BIG RED APPLIANCES, INC has sponsored the creation of one or more 401k plans.

Company Name:BIG RED APPLIANCES, INC
Employer identification number (EIN):872998854
NAIC Classification:443141
NAIC Description:Household Appliance Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARK RYAN2024-10-09

Plan Statistics for BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST

401k plan membership statisitcs for BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST

Measure Date Value
2025: BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-06-096
Total number of particpants at end of year2025-06-097
Number of Participants With Account Balances2025-06-091
2024: BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-10-098
Total number of particpants at end of year2024-10-096
Number of Participants With Account Balances2024-10-091

Financial Data on BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST

Measure Date Value
2025 : BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-090
Total liabilities as of the end of the plan year2025-06-090
Total liabilities as of the beginning of the plan year2025-06-090
Total expenses incurred by plan in this plan year2025-06-092013
Net assets as of the end of the plan year2025-06-0912018
Total assets as of the beginning of the plan year2025-06-098404
Participant contributions to plan in this plan year2025-06-092578
Other expenses paid from plan in this plan year2025-06-090
Other contributions to plan in this plan year2025-06-090
Other income to plan in this plan year2025-06-09471
Plan net income in this plan year2025-06-093614
Net assets as of the end of the plan year2025-06-0912018
Net assets as of the beginning of the plan year2025-06-098404
Value of contributions failed to transmitted timely2025-06-092578
Employer contributions to plan in this plan year2025-06-092578
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-092013
2024 : BIG RED APPLIANCES, INC., 401(K) PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-090
Total liabilities as of the end of the plan year2024-10-090
Total liabilities as of the beginning of the plan year2024-10-090
Total expenses incurred by plan in this plan year2024-10-090
Net assets as of the end of the plan year2024-10-098404
Total assets as of the beginning of the plan year2024-10-090
Participant contributions to plan in this plan year2024-10-094089
Other expenses paid from plan in this plan year2024-10-090
Other contributions to plan in this plan year2024-10-090
Other income to plan in this plan year2024-10-09226
Plan net income in this plan year2024-10-098404
Net assets as of the end of the plan year2024-10-098404
Net assets as of the beginning of the plan year2024-10-090
Value of contributions failed to transmitted timely2024-10-094089
Employer contributions to plan in this plan year2024-10-094089
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-090

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