KFI FURNITURE, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan KFI FURNITURE, LLC CBS BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2022: KFI FURNITURE, LLC CBS BENEFIT PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-07-01 | 30 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-07-01 | 32 |
| Number of retired or separated participants receiving benefits | 2022-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-07-01 | 0 |
| Total of all active and inactive participants | 2022-07-01 | 32 |
| Total participants, beginning-of-year | 2022-06-01 | 26 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-06-01 | 30 |
| Number of retired or separated participants receiving benefits | 2022-06-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-06-01 | 0 |
| Total of all active and inactive participants | 2022-06-01 | 30 |
| 2021: KFI FURNITURE, LLC CBS BENEFIT PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-06-01 | 31 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-06-01 | 26 |
| Number of retired or separated participants receiving benefits | 2021-06-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-06-01 | 0 |
| Total of all active and inactive participants | 2021-06-01 | 26 |
| Measure | Date | Value |
|---|
| 2023 : KFI FURNITURE, LLC CBS BENEFIT PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-06-30 | $13,421 |
| Total plan liabilities at beginning of year | 2023-06-30 | $20,250 |
| Total income from all sources | 2023-06-30 | $312,806 |
| Expenses. Total of all expenses incurred | 2023-06-30 | $240,673 |
| Benefits paid (including direct rollovers) | 2023-06-30 | $110,661 |
| Total plan assets at end of year | 2023-06-30 | $126,689 |
| Total plan assets at beginning of year | 2023-06-30 | $61,385 |
| Value of fidelity bond covering the plan | 2023-06-30 | $100,000 |
| Total contributions received or receivable from participants | 2023-06-30 | $86,281 |
| Expenses. Other expenses not covered elsewhere | 2023-06-30 | $115,153 |
| Contributions received from other sources (not participants or employers) | 2023-06-30 | $0 |
| Other income received | 2023-06-30 | $452 |
| Net income (gross income less expenses) | 2023-06-30 | $72,133 |
| Net plan assets at end of year (total assets less liabilities) | 2023-06-30 | $113,268 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-06-30 | $41,135 |
| Total contributions received or receivable from employer(s) | 2023-06-30 | $226,073 |
| Value of corrective distributions | 2023-06-30 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-06-30 | $14,859 |
| 2022 : KFI FURNITURE, LLC CBS BENEFIT PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-06-30 | $20,250 |
| Total plan liabilities at beginning of year | 2022-06-30 | $20,859 |
| Total income from all sources | 2022-06-30 | $19,402 |
| Expenses. Total of all expenses incurred | 2022-06-30 | $-37,701 |
| Benefits paid (including direct rollovers) | 2022-06-30 | $-46,582 |
| Total plan assets at end of year | 2022-06-30 | $61,385 |
| Total plan assets at beginning of year | 2022-06-30 | $4,891 |
| Value of fidelity bond covering the plan | 2022-06-30 | $100,000 |
| Total contributions received or receivable from participants | 2022-06-30 | $4,358 |
| Expenses. Other expenses not covered elsewhere | 2022-06-30 | $8,112 |
| Net income (gross income less expenses) | 2022-06-30 | $57,103 |
| Net plan assets at end of year (total assets less liabilities) | 2022-06-30 | $41,135 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-06-30 | $-15,968 |
| Total contributions received or receivable from employer(s) | 2022-06-30 | $15,044 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-06-30 | $769 |
| Total plan liabilities at end of year | 2022-05-31 | $20,859 |
| Total plan liabilities at beginning of year | 2022-05-31 | $0 |
| Total income from all sources | 2022-05-31 | $235,868 |
| Expenses. Total of all expenses incurred | 2022-05-31 | $251,836 |
| Benefits paid (including direct rollovers) | 2022-05-31 | $143,972 |
| Total plan assets at end of year | 2022-05-31 | $4,891 |
| Total plan assets at beginning of year | 2022-05-31 | $0 |
| Value of fidelity bond covering the plan | 2022-05-31 | $100,000 |
| Total contributions received or receivable from participants | 2022-05-31 | $55,168 |
| Expenses. Other expenses not covered elsewhere | 2022-05-31 | $97,670 |
| Net income (gross income less expenses) | 2022-05-31 | $-15,968 |
| Net plan assets at end of year (total assets less liabilities) | 2022-05-31 | $-15,968 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-05-31 | $0 |
| Total contributions received or receivable from employer(s) | 2022-05-31 | $180,700 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-05-31 | $10,194 |
| 2022: KFI FURNITURE, LLC CBS BENEFIT PLAN 2022 form 5500 responses |
|---|
| 2022-07-01 | Type of plan entity | Single employer plan |
| 2022-07-01 | Submission has been amended | No |
| 2022-07-01 | This submission is the final filing | No |
| 2022-07-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-07-01 | Plan is a collectively bargained plan | No |
| 2022-07-01 | Plan funding arrangement – Insurance | Yes |
| 2022-07-01 | Plan funding arrangement – Trust | Yes |
| 2022-07-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2022-07-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-07-01 | Plan benefit arrangement - Trust | Yes |
| 2022-07-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2022-06-01 | Type of plan entity | Single employer plan |
| 2022-06-01 | Submission has been amended | No |
| 2022-06-01 | This submission is the final filing | No |
| 2022-06-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2022-06-01 | Plan is a collectively bargained plan | No |
| 2022-06-01 | Plan funding arrangement – Insurance | Yes |
| 2022-06-01 | Plan funding arrangement – Trust | Yes |
| 2022-06-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-06-01 | Plan benefit arrangement - Trust | Yes |
| 2021: KFI FURNITURE, LLC CBS BENEFIT PLAN 2021 form 5500 responses |
|---|
| 2021-06-01 | Type of plan entity | Single employer plan |
| 2021-06-01 | Submission has been amended | No |
| 2021-06-01 | This submission is the final filing | No |
| 2021-06-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-06-01 | Plan is a collectively bargained plan | No |
| 2021-06-01 | Plan funding arrangement – Insurance | Yes |
| 2021-06-01 | Plan funding arrangement – Trust | Yes |
| 2021-06-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-06-01 | Plan benefit arrangement - Trust | Yes |
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 31000215 |
| Policy instance | 1 |
| Insurance contract or identification number | 31000215 | | Number of Individuals Covered | 32 | | Insurance policy start date | 2022-07-01 | | Insurance policy end date | 2023-06-30 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $93,828 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 31000215 |
| Policy instance | 1 |
| Insurance contract or identification number | 31000215 | | Number of Individuals Covered | 30 | | Insurance policy start date | 2022-06-01 | | Insurance policy end date | 2022-06-30 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $6,492 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 31000215 |
| Policy instance | 1 |
| Insurance contract or identification number | 31000215 | | Number of Individuals Covered | 26 | | Insurance policy start date | 2021-06-01 | | Insurance policy end date | 2022-05-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $78,078 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
