401(k) · DOL Form 5500 · 2023

Convertible Castle, Inc. Dba Bernie & Phyl's Furni 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
412
Participants Below avg headcount
68th
Percentile by assets National rank
$38,095
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bernie & Phyl's Furniture Retirement Plan · Sponsored by Convertible Castle, Inc. Dba Bernie & Phyl's Furni · Massachusetts · Retail Trade

$16M in assets, 412 participants

Convertible Castle, Inc. Dba Bernie & Phyl's Furni's Bernie & Phyl's Furniture Retirement Plan reported $16M in total assets and 412 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,626 in Retail Trade (8,414 peers)

Convertible Castle, Inc. Dba Bernie & Phyl's Furni multi-year trail

Convertible Castle, Inc. Dba Bernie & Phyl's Furni's plans moved +29.2% in assets from 2022 to 2024; this filing shows Bernie & Phyl's Furniture Retirement Plan at $16M / 412 participants.

#6,626
in Retail Trade (8,414 peers)
+13.4%
assets growth YoY

Bernie & Phyl's Furniture Retirement Plan's outsized position by total assets

Bernie & Phyl's Furniture Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,695,093 Top 32% higher than 68% of 127,068 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 2023

Bernie & Phyl's Furniture Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bernie & Phyl's Furniture Retirement Plan sits mid-pack in the medium band (412 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bernie & Phyl's Furniture Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Bernie & Phyl's Furniture Retirement Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Bernie & Phyl's Furniture Retirement Plan reported participants rose from 397 in the plan year 2022 filing to 412 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042789202 · Convertible Castle, Inc. Dba Bernie & Phyl's Furni PY 2023 · 401(k)

Bernie & Phyl's Furniture Retirement Plan · $16M · 412 · 68th

  • BOY $16M
  • SCH 412
  • EBSA 68th
  • PART 401(k)
  • TYPE near Carnahan Evans PC Profit Sharing Plan
  • NET ind #6626

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 Retail Trade retirement plans → · Plans in Massachusetts →

Bernie & Phyl's Furniture Retirement Plan in the asset neighbourhood

Bernie & Phyl's Furniture Retirement PlanBernie & Phyl's Furniture Re…$16MPublications International, Ltd. Savings PlanPublications International, …$16MGerkin Windows & Doors 401(k) P/S PlanGerkin Windows & Doors 401(k…$16MCarnahan Evans PC Profit Sharing PlanCarnahan Evans PC Profit Sha…$16MKingfisher Systems, Inc. 401(k) / Profit Sharing PlanKingfisher Systems, Inc. 401…$16M
End-of-year total assets ($M) among Bernie & Phyl's Furniture Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Convertible Castle, Inc. Dba Bernie & Phyl's Furni multi-year asset trail

Sponsor-wide plan assets over time

All Convertible Castle, Inc. Dba Bernie & Phyl's Furni plans reported in each filing year

Latest sponsor-wide plan assets
$18M 29.180300600836052% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.8M $17.9M ▲ +29.2%
Year Plans Participants Total Assets
2022 1 397 $14M
2023 1 412 $16M
2024 1 364 $18M

Convertible Castle, Inc. Dba Bernie & Phyl's Furni filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN042789202
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Bernie & Phyl's Furniture Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Bernie & Phyl's Furniture Retirement Plan, Total assets ($B): 0.015695093 · Participants: 412Bernie & Phyl's Furniture Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Bernie & Phyl's Furniture Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Bernie & Phyl's Furniture Retirement Plan side-by-side with 3 peers →

Bernie & Phyl's Furniture Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Carnahan Evans PC Profit Sharing Plan in MO ($16M); by covered participants it is Onin Group 401(k) Plan in AL (412 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (412 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bernie & Phyl's Furniture Retirement Plan assets move in 2023? ▼
Bernie & Phyl's Furniture Retirement Plan grew at a solid clip - up 13.4% during 2023, from $14M to $16M. Reported net income was $2M.
How have Convertible Castle, Inc. Dba Bernie & Phyl's Furni plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Convertible Castle, Inc. Dba Bernie & Phyl's Furni's sponsor-wide assets grew 29.2%, from $14M to $18M.
Which 401(k) plans are similar in size to Bernie & Phyl's Furniture Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carnahan Evans PC Profit Sharing Plan in MO ($16M, 37 participants).
Which 401(k) plans cover a similar participant headcount to Bernie & Phyl's Furniture Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Onin Group 401(k) Plan in AL (412 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042789202.

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.