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PERCH FURNITURE 401(K) PLAN 401k Plan overview

Plan NamePERCH FURNITURE 401(K) PLAN
Plan identification number 001

PERCH FURNITURE 401(K) PLAN 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

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

Company Name:PERCH FURNITURE, INC.
Employer identification number (EIN):272209856
NAIC Classification:442110
NAIC Description:Furniture Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERCH FURNITURE 401(K) PLAN

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

Financial Data on PERCH FURNITURE 401(K) PLAN

Measure Date Value
2025 : PERCH FURNITURE 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-090
Total liabilities as of the end of the plan year2025-10-090
Total liabilities as of the beginning of the plan year2025-10-090
Total expenses incurred by plan in this plan year2025-10-09802
Net assets as of the end of the plan year2025-10-09196847
Total assets as of the beginning of the plan year2025-10-0916618
Value of plan covered by a fidelity bond2025-10-095000
Participant contributions to plan in this plan year2025-10-0911740
Other expenses paid from plan in this plan year2025-10-090
Other contributions to plan in this plan year2025-10-09157843
Other income to plan in this plan year2025-10-09444
Plan net income in this plan year2025-10-09180229
Net assets as of the end of the plan year2025-10-09196847
Net assets as of the beginning of the plan year2025-10-0916618
Value of contributions failed to transmitted timely2025-10-09608
Employer contributions to plan in this plan year2025-10-0911004
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-09802
2024 : PERCH FURNITURE 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-25326
Net assets as of the end of the plan year2024-07-2516618
Total assets as of the beginning of the plan year2024-07-250
Value of plan covered by a fidelity bond2024-07-255000
Participant contributions to plan in this plan year2024-07-257989
Other income to plan in this plan year2024-07-251467
Plan net income in this plan year2024-07-2516618
Net assets as of the end of the plan year2024-07-2516618
Net assets as of the beginning of the plan year2024-07-250
Value of contributions failed to transmitted timely2024-07-25608
Employer contributions to plan in this plan year2024-07-257488
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-25326

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