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BEDMART INC 401(K) PLAN 401k Plan overview

Plan NameBEDMART INC 401(K) PLAN
Plan identification number 002

BEDMART INC 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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

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

Company Name:BEDMART, INC.
Employer identification number (EIN):931097935
NAIC Classification:442110
NAIC Description:Furniture Stores

Additional information about BEDMART, INC.

Jurisdiction of Incorporation: Oregon Secretary of State Corporations Division
Incorporation Date: 1992-11-30
Company Identification Number: 32201782
Legal Registered Office Address: AUBERTINE LAW GROUP PC

PORTLAND
United States of America (USA)
97223

More information about BEDMART, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BEDMART INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01EDMUND DOHERTY2024-07-02
0022022-01-01ED DOHERTY2023-07-20

Financial Data on BEDMART INC 401(K) PLAN

Measure Date Value
2025 : BEDMART INC 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-1985957
Net assets as of the end of the plan year2025-06-191569121
Total assets as of the beginning of the plan year2025-06-19950483
Value of plan covered by a fidelity bond2025-06-19400000
Participant contributions to plan in this plan year2025-06-19345745
Other expenses paid from plan in this plan year2025-06-190
Other contributions to plan in this plan year2025-06-190
Other income to plan in this plan year2025-06-19126247
Plan net income in this plan year2025-06-19618638
Net assets as of the end of the plan year2025-06-191569121
Net assets as of the beginning of the plan year2025-06-19950483
Employer contributions to plan in this plan year2025-06-19232603
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-193471
2024 : BEDMART INC 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-0283933
Net assets as of the end of the plan year2024-07-02950483
Total assets as of the beginning of the plan year2024-07-02321069
Value of plan covered by a fidelity bond2024-07-02400000
Participant contributions to plan in this plan year2024-07-02399813
Other contributions to plan in this plan year2024-07-0217033
Other income to plan in this plan year2024-07-0280614
Plan net income in this plan year2024-07-02629414
Net assets as of the end of the plan year2024-07-02950483
Net assets as of the beginning of the plan year2024-07-02321069
Employer contributions to plan in this plan year2024-07-02215887
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-023257

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