401k Plan data: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN plan

LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

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

Company Name: LIBERTY FURNITURE INDUSTRIES, INC.

Employer identification number (EIN): 582004208

NAIC Classification: 423200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 KERIN A. PAYNE 2023-10-13
001 2021-01-01 JASON BRIAN 2022-09-21
001 2020-01-01 JASON BRIAN 2021-09-23 JASON BRIAN 2021-09-23
001 2019-01-01 JASON BRIAN 2020-09-09 JASON BRIAN 2020-09-09
001 2018-01-01 JASON BRIAN 2019-10-11 JASON BRIAN 2019-10-11
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 RICHARD BRIAN 2013-10-09 RICHARD BRIAN 2013-10-09
001 2011-01-01 JASON WAGY 2012-06-07 JASON WAGY 2012-06-07
001 2010-01-01 RICHARD BRIAN 2011-07-12 RICHARD BRIAN 2011-07-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	KERIN A. PAYNE	2023-10-13
001	2021-01-01	JASON BRIAN	2022-09-21
001	2020-01-01	JASON BRIAN	2021-09-23	JASON BRIAN	2021-09-23
001	2019-01-01	JASON BRIAN	2020-09-09	JASON BRIAN	2020-09-09
001	2018-01-01	JASON BRIAN	2019-10-11	JASON BRIAN	2019-10-11
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	RICHARD BRIAN	2013-10-09	RICHARD BRIAN	2013-10-09
001	2011-01-01	JASON WAGY	2012-06-07	JASON WAGY	2012-06-07
001	2010-01-01	RICHARD BRIAN	2011-07-12	RICHARD BRIAN	2011-07-12

Plan Statistics for LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 225
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 234
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 17
Total of all active and inactive participants 2022-01-01 251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 251
Number of participants with account balances 2022-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 2
2021: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 222
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 218
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 9
Total of all active and inactive participants 2021-01-01 227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 227
Number of participants with account balances 2021-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 195
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 217
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 9
Total of all active and inactive participants 2020-01-01 226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 226
Number of participants with account balances 2020-01-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 186
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 179
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 181
Number of participants with account balances 2019-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 182
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 1
Total of all active and inactive participants 2018-01-01 183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 183
Number of participants with account balances 2018-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 130
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 132
Number of participants with account balances 2017-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2022: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	225
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	234
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	17
Total of all active and inactive participants	2022-01-01	251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	251
Number of participants with account balances	2022-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	2
2021: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	222
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	218
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	9
Total of all active and inactive participants	2021-01-01	227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	227
Number of participants with account balances	2021-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	195
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	217
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	9
Total of all active and inactive participants	2020-01-01	226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	226
Number of participants with account balances	2020-01-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	186
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	179
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	181
Number of participants with account balances	2019-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	182
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	1
Total of all active and inactive participants	2018-01-01	183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	183
Number of participants with account balances	2018-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	130
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	132
Number of participants with account balances	2017-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-58,897
Total of all expenses incurred	2022-12-31	$280,366
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$226,666
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$889,337
Value of total assets at end of year	2022-12-31	$6,062,948
Value of total assets at beginning of year	2022-12-31	$6,402,211
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$53,700
Total interest from all sources	2022-12-31	$4,919
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$458,233
Participant contributions at end of year	2022-12-31	$83,585
Participant contributions at beginning of year	2022-12-31	$132,943
Participant contributions at end of year	2022-12-31	$107
Participant contributions at beginning of year	2022-12-31	$171
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$94,265
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-339,263
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$6,062,948
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,402,211
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,113,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$5,735,731
Interest on participant loans	2022-12-31	$4,919
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$865,214
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$533,240
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-953,153
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$336,839
Employer contributions (assets) at end of year	2022-12-31	$107
Employer contributions (assets) at beginning of year	2022-12-31	$126
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$226,666
Contract administrator fees	2022-12-31	$53,700
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MOORE COLSON
Accountancy firm EIN	2022-12-31	581653941
2021 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$2,094,619
Total of all expenses incurred	2021-12-31	$391,922
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$340,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,388,354
Value of total assets at end of year	2021-12-31	$6,402,211
Value of total assets at beginning of year	2021-12-31	$4,699,514
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$51,150
Total interest from all sources	2021-12-31	$6,643
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$365,161
Participant contributions at end of year	2021-12-31	$132,943
Participant contributions at beginning of year	2021-12-31	$66,079
Participant contributions at end of year	2021-12-31	$171
Participant contributions at beginning of year	2021-12-31	$8,594
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$738,366
Total non interest bearing cash at beginning of year	2021-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,702,697
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,402,211
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,699,514
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$5,735,731
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,911,479
Interest on participant loans	2021-12-31	$6,643
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$533,240
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$706,063
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$699,622
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$284,827
Employer contributions (assets) at end of year	2021-12-31	$126
Employer contributions (assets) at beginning of year	2021-12-31	$7,299
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$340,772
Contract administrator fees	2021-12-31	$51,150
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MOORE COLSON
Accountancy firm EIN	2021-12-31	581653941
2020 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$1,532,552
Total of all expenses incurred	2020-12-31	$179,908
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$157,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,181,787
Value of total assets at end of year	2020-12-31	$4,699,514
Value of total assets at beginning of year	2020-12-31	$3,346,870
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$22,368
Total interest from all sources	2020-12-31	$3,126
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$350,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$279,526
Participant contributions at end of year	2020-12-31	$66,079
Participant contributions at beginning of year	2020-12-31	$26,170
Participant contributions at end of year	2020-12-31	$8,594
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$686,323
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$8,874
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,352,644
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,699,514
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,346,870
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,911,479
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,311,410
Interest on participant loans	2020-12-31	$3,122
Interest earned on other investments	2020-12-31	$4
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$706,063
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$416
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$347,639
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$215,938
Employer contributions (assets) at end of year	2020-12-31	$7,299
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$157,540
Contract administrator fees	2020-12-31	$22,368
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	MOORE COLSON
Accountancy firm EIN	2020-12-31	581653941
2019 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$1,033,779
Total of all expenses incurred	2019-12-31	$250,700
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$236,611
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$470,168
Value of total assets at end of year	2019-12-31	$3,346,870
Value of total assets at beginning of year	2019-12-31	$2,563,791
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$14,089
Total interest from all sources	2019-12-31	$1,555
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$260,447
Participant contributions at end of year	2019-12-31	$26,170
Participant contributions at beginning of year	2019-12-31	$20,128
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$7,957
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$2,892
Other income not declared elsewhere	2019-12-31	$562,056
Total non interest bearing cash at end of year	2019-12-31	$8,874
Total non interest bearing cash at beginning of year	2019-12-31	$8,874
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$783,079
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,346,870
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,563,791
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,311,410
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,518,619
Interest on participant loans	2019-12-31	$1,550
Interest earned on other investments	2019-12-31	$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$416
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$337
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$206,829
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$7,876
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$236,611
Contract administrator fees	2019-12-31	$14,089
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	MOORE COLSON
Accountancy firm EIN	2019-12-31	581653941
2018 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$187,669
Total of all expenses incurred	2018-12-31	$1,150,953
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,138,652
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$373,805
Value of total assets at end of year	2018-12-31	$2,563,791
Value of total assets at beginning of year	2018-12-31	$3,527,075
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$12,301
Total interest from all sources	2018-12-31	$1,402
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$204,350
Participant contributions at end of year	2018-12-31	$20,128
Participant contributions at beginning of year	2018-12-31	$28,063
Participant contributions at end of year	2018-12-31	$7,957
Participant contributions at beginning of year	2018-12-31	$5,511
Total non interest bearing cash at end of year	2018-12-31	$8,874
Total non interest bearing cash at beginning of year	2018-12-31	$8,026
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-963,284
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,563,791
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$3,527,075
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,518,619
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$3,480,094
Interest on participant loans	2018-12-31	$1,399
Interest earned on other investments	2018-12-31	$3
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$337
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$304
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-187,538
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$169,455
Employer contributions (assets) at end of year	2018-12-31	$7,876
Employer contributions (assets) at beginning of year	2018-12-31	$5,077
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,138,652
Contract administrator fees	2018-12-31	$12,301
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	MOORE COLSON
Accountancy firm EIN	2018-12-31	581653941
2017 : LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$868,650
Total of all expenses incurred	2017-12-31	$295,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$280,009
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$314,517
Value of total assets at end of year	2017-12-31	$3,527,075
Value of total assets at beginning of year	2017-12-31	$2,953,760
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$15,326
Total interest from all sources	2017-12-31	$1,173
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	No
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$174,700
Participant contributions at end of year	2017-12-31	$28,063
Participant contributions at beginning of year	2017-12-31	$17,843
Participant contributions at end of year	2017-12-31	$5,511
Participant contributions at beginning of year	2017-12-31	$8,378
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$394
Total non interest bearing cash at end of year	2017-12-31	$8,026
Total non interest bearing cash at beginning of year	2017-12-31	$2,427
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$573,315
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$3,527,075
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$2,953,760
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$3,480,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$2,919,104
Interest on participant loans	2017-12-31	$1,171
Interest earned on other investments	2017-12-31	$2
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$304
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$273
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$552,960
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$139,817
Employer contributions (assets) at end of year	2017-12-31	$5,077
Employer contributions (assets) at beginning of year	2017-12-31	$5,341
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$280,009
Contract administrator fees	2017-12-31	$15,326
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	MOORE COLSON
Accountancy firm EIN	2017-12-31	581653941

Form 5500 Responses for LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

2022: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: LIBERTY FURNITURE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	98
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $17,584
Total amount of fees paid to insurance company	USD $2,979
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $17,584
Insurance broker organization code?	3
Amount paid for insurance broker fees	2979
Additional information about fees paid to insurance broker	TPA COMPENSATION

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	86
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $15,715
Total amount of fees paid to insurance company	USD $2,722
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $15,715
Insurance broker organization code?	3
Amount paid for insurance broker fees	2722
Additional information about fees paid to insurance broker	TPA COMPENSATION AND OTHER ALLOWANCES

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	66
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $9,975
Total amount of fees paid to insurance company	USD $1,672
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,676
Insurance broker organization code?	3
Amount paid for insurance broker fees	1672
Additional information about fees paid to insurance broker	TPA COMPENSATION

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	57
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $9,070
Total amount of fees paid to insurance company	USD $1,513
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Other information about contract	GUARANTEED INTEREST ACCOUNTS
Commission paid to Insurance Broker	USD $9,070
Insurance broker organization code?	3
Amount paid for insurance broker fees	1513
Additional information about fees paid to insurance broker	TPA COMPENSATION

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	50
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $8,286
Total amount of fees paid to insurance company	USD $1,431
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Other information about contract	GUARANTEED INTEREST ACCOUNTS
Amount paid for insurance broker fees	1431
Additional information about fees paid to insurance broker	RPA COMPENSATION OTHER ALLOWANCES
Insurance broker organization code?	5
Commission paid to Insurance Broker	USD $8,286

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

27848

Policy instance

Insurance contract or identification number	27848
Number of Individuals Covered	41
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $9,944
Total amount of fees paid to insurance company	USD $1,659
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Other information about contract	GUARANTEED INTEREST ACCOUNTS
Commission paid to Insurance Broker	USD $9,944
Insurance broker organization code?	3
Amount paid for insurance broker fees	1659
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker name	RETIREMENT PLAN ADMINISTRATORS, LLC

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Company Name:	LIBERTY FURNITURE INDUSTRIES, INC.
Employer identification number (EIN):	582004208
NAIC Classification:	423200