401k Plan data: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

R & S ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name: R & S ENTERPRISES, INC.

Employer identification number (EIN): 521703008

NAIC Classification: 442210
NAIC Description: Floor Covering Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01

Plan Statistics for R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 51
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 4
Total of all active and inactive participants 2022-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 56
Number of participants with account balances 2022-01-01 55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 5
2021: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 56
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 52
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 52
Number of participants with account balances 2021-01-01 52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	51
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	4
Total of all active and inactive participants	2022-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	56
Number of participants with account balances	2022-01-01	55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	5
2021: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	56
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	52
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	52
Number of participants with account balances	2021-01-01	52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$930,901
Total plan liabilities at beginning of year	2022-12-31	$965,223
Total income from all sources	2022-12-31	$7,939,879
Expenses. Total of all expenses incurred	2022-12-31	$19,586
Benefits paid (including direct rollovers)	2022-12-31	$6,481
Total plan assets at end of year	2022-12-31	$14,235,971
Total plan assets at beginning of year	2022-12-31	$6,350,000
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$13,031
Other income received	2022-12-31	$7,840,000
Net income (gross income less expenses)	2022-12-31	$7,920,293
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$13,305,070
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$5,384,777
Assets. Value of employer securities	2022-12-31	$14,190,000
Total contributions received or receivable from employer(s)	2022-12-31	$99,879
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$74
2021 : R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$965,223
Total income from all sources	2021-12-31	$5,397,352
Expenses. Total of all expenses incurred	2021-12-31	$12,575
Total plan assets at end of year	2021-12-31	$6,350,000
Total plan assets at beginning of year	2021-12-31	$0
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$12,575
Other income received	2021-12-31	$5,350,000
Net income (gross income less expenses)	2021-12-31	$5,384,777
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$5,384,777
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$6,350,000
Total contributions received or receivable from employer(s)	2021-12-31	$47,352

Form 5500 Responses for R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: R&S ENTERPRISES, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	First time form 5500 has been submitted	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	R & S ENTERPRISES, INC.
Employer identification number (EIN):	521703008
NAIC Classification:	442210
NAIC Description:	Floor Covering Stores