401k Plan data: AMERICAN FACTORY DIRECT 401 K & PSP plan

AMERICAN FACTORY DIRECT 401 K & PSP 401k Plan overview

Plan Name	AMERICAN FACTORY DIRECT 401 K & PSP
Plan identification number	001

AMERICAN FACTORY DIRECT 401 K & PSP 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

AMERICAN FACTORY DIRECT FURNITURE OUTLET, INC has sponsored the creation of one or more 401k plans.

Company Name: AMERICAN FACTORY DIRECT FURNITURE OUTLET, INC

Employer identification number (EIN): 721313692

NAIC Classification: 337000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN FACTORY DIRECT 401 K & PSP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01 GRACE COMEAUX-PIRO 2015-07-27
001 2013-01-01 GRACE COMEAUX-PIRO 2014-07-14
001 2012-01-01 GRACE COMEAUX-PIRO 2013-10-15
001 2011-01-01 ROBERT COMEAUX 2013-01-10
001 2010-01-01 ROBERT COMEAUX 2011-07-27
001 2009-01-01 ROBERT COMEAUX

Plan Statistics for AMERICAN FACTORY DIRECT 401 K & PSP

401k plan membership statisitcs for AMERICAN FACTORY DIRECT 401 K & PSP

Measure Date Value
2025: AMERICAN FACTORY DIRECT 401 K & PSP 2025 401k membership
Total number of particpants at beginning of year 2025-03-20 132
Total number of particpants at end of year 2025-03-20 113
Number of Participants With Account Balances 2025-03-20 71
2024: AMERICAN FACTORY DIRECT 401 K & PSP 2024 401k membership
Total number of particpants at beginning of year 2024-05-22 144
Total number of particpants at end of year 2024-05-22 120
Number of Participants With Account Balances 2024-05-22 74
2009: AMERICAN FACTORY DIRECT 401 K & PSP 2009 401k membership
Total participants, beginning-of-year 2009-01-01 86
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 57
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 38
Total of all active and inactive participants 2009-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 95
Number of participants with account balances 2009-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2025: AMERICAN FACTORY DIRECT 401 K & PSP 2025 401k membership
Total number of particpants at beginning of year	2025-03-20	132
Total number of particpants at end of year	2025-03-20	113
Number of Participants With Account Balances	2025-03-20	71
2024: AMERICAN FACTORY DIRECT 401 K & PSP 2024 401k membership
Total number of particpants at beginning of year	2024-05-22	144
Total number of particpants at end of year	2024-05-22	120
Number of Participants With Account Balances	2024-05-22	74
2009: AMERICAN FACTORY DIRECT 401 K & PSP 2009 401k membership
Total participants, beginning-of-year	2009-01-01	86
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	57
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	38
Total of all active and inactive participants	2009-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	95
Number of participants with account balances	2009-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on AMERICAN FACTORY DIRECT 401 K & PSP

Measure	Date	Value
2025 : AMERICAN FACTORY DIRECT 401 K & PSP 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-03-20	864406
Net assets as of the end of the plan year	2025-03-20	3006929
Total assets as of the beginning of the plan year	2025-03-20	3337650
Value of plan covered by a fidelity bond	2025-03-20	300000
Participant contributions to plan in this plan year	2025-03-20	154623
Other income to plan in this plan year	2025-03-20	323713
Plan net income in this plan year	2025-03-20	-330721
Net assets as of the end of the plan year	2025-03-20	3006929
Net assets as of the beginning of the plan year	2025-03-20	3337650
Employer contributions to plan in this plan year	2025-03-20	55349
Fees paid to broker by Benefit Provider	2025-03-20	7962
Expensese paid to adminstrative service provicers from plan in this plan year	2025-03-20	4750
2024 : AMERICAN FACTORY DIRECT 401 K & PSP 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-05-22	304197
Net assets as of the end of the plan year	2024-05-22	3337650
Total assets as of the beginning of the plan year	2024-05-22	2900811
Participant contributions to plan in this plan year	2024-05-22	218491
Other income to plan in this plan year	2024-05-22	387552
Plan net income in this plan year	2024-05-22	436839
Net assets as of the end of the plan year	2024-05-22	3337650
Net assets as of the beginning of the plan year	2024-05-22	2900811
Employer contributions to plan in this plan year	2024-05-22	134993
Fees paid to broker by Benefit Provider	2024-05-22	7778
Expensese paid to adminstrative service provicers from plan in this plan year	2024-05-22	3700
2009 : AMERICAN FACTORY DIRECT 401 K & PSP 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for AMERICAN FACTORY DIRECT 401 K & PSP

2009: AMERICAN FACTORY DIRECT 401 K & PSP 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	AMERICAN FACTORY DIRECT FURNITURE OUTLET, INC
Employer identification number (EIN):	721313692
NAIC Classification:	337000

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01	GRACE COMEAUX-PIRO	2015-07-27
001	2013-01-01	GRACE COMEAUX-PIRO	2014-07-14
001	2012-01-01	GRACE COMEAUX-PIRO	2013-10-15
001	2011-01-01	ROBERT COMEAUX	2013-01-10
001	2010-01-01	ROBERT COMEAUX	2011-07-27
001	2009-01-01	ROBERT COMEAUX