401(k) · DOL Form 5500 · 2022

Klaussner Furniture Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
1,061
Participants Near avg headcount
76th
Percentile by assets National rank
$16,821
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Klaussner Retirement Savings Plan · Sponsored by Klaussner Furniture Industries, Inc. · North Carolina · Manufacturing

$18M in assets, 1,061 participants

Klaussner Furniture Industries, Inc.'s Klaussner Retirement Savings Plan reported $18M in total assets and 1,061 participants in its 2022 DOL Form 5500 filing, ranking in the 76th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #13,567 in Manufacturing (20,602 peers)

Where Klaussner Retirement Savings Plan sits by assets

Klaussner Retirement Savings Plan sits in the top quartile of all filed plans by assets, $18M for 1,061 participants (~$16,821/participant), down 25.8% in 2022.

#13,567
in Manufacturing (20,602 peers)
-25.8%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Klaussner Retirement Savings Plan's outsized position by total assets

Klaussner Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,846,770 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Klaussner Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Klaussner Retirement Savings Plan lands in the large band (1,061 participants).

DOL schedule card

Filing strip 561264300 · Klaussner Furniture Industries, Inc. PY 2022 · 401(k)

Klaussner Retirement Savings Plan · $18M · 1,061 · 76th

  • SCH $18M
  • SCH 1,061
  • SCH 76th
  • SCH 401(k)
  • SCH near Pacific Coast Bankers' Bancshares 401(k) Savings Plan
  • SCH ind #13567

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Klaussner Retirement Savings Plan in the asset neighbourhood

Klaussner Retirement Savings PlanKlaussner Retirement Savings…$18MPacific Coast Bankers' Bancshares 401(k) Savings PlanPacific Coast Bankers' Bancs…$18MDr. Martens 401(k) Retirement PlanDr. Martens 401(k) Retiremen…$18MSemper Virens Bakery Food Cooperative, Inc. 401(k) PlanSemper Virens Bakery Food Co…$18MZarwin, Baum, Devito, Kaplan, Schaer, & Toddy P.C. 401(k) Profit Sharing PlanZarwin, Baum, Devito, Kaplan…$18M
End-of-year total assets ($M) among Klaussner Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$18M
Net Income-$6M
Employer EIN561264300
Plan Effective Date1984-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Klaussner Furniture Industries, Inc.)

Sponsor-wide plan assets over time

All Klaussner Furniture Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 55.59202029274765% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $17.9M $7.93M ▼ -55.6%
Year Plans Participants Total Assets
2022 1 1,061 $18M
2023 1 999 $11M
2024 1 547 $8M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Klaussner Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Klaussner Retirement Savings Plan, Total assets ($B): 0.01784677 · Participants: 1061Klaussner Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Klaussner Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Klaussner Retirement Savings Plan side-by-side with 3 peers →

Klaussner Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Pacific Coast Bankers' Bancshares 401(k) Savings Plan in CA ($18M); by covered participants it is Janus 401(k) and Employee Stock Ownership Plan in CO (1,061 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,061 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Klaussner Retirement Savings Plan assets move in 2022? ▼
Klaussner Retirement Savings Plan declined sharply - down 25.8% during 2022, from $24M to $18M. Reported net income was -$6M.
How have Klaussner Furniture Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Klaussner Furniture Industries, Inc.'s sponsor-wide assets declined 55.6%, from $18M to $8M.
Where does Klaussner Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Klaussner Retirement Savings Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Klaussner Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pacific Coast Bankers' Bancshares 401(k) Savings Plan in CA ($18M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Klaussner Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Janus 401(k) and Employee Stock Ownership Plan in CO (1,061 participants, $408M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561264300.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.