401(k) · DOL Form 5500 · 2023

Business Furniture Corporation 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
78
Participants Small participant base
52nd
Percentile by assets National rank
$95,956
Avg per participant Below avg balance/head
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Official DOL plan name: Business Furniture Corporation 401(k) Savings Plan · Sponsored by Business Furniture Corporation · Indiana · Retail Trade

$7M in assets, 78 participants

Business Furniture Corporation's Business Furniture Corporation 401(k) Savings Plan reported $7M in total assets and 78 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #5,265 in Retail Trade (8,414 peers)

What the 2023 filing shows

Business Furniture Corporation 401(k) Savings Plan holds $7M for 78 participants - about $95,956 per participant, above the median plan by assets.

#5,265
in Retail Trade (8,414 peers)
+0.5%
assets growth YoY

Business Furniture Corporation 401(k) Savings Plan's mid-pack asset rank among Retail Trade and all filers

Business Furniture Corporation 401(k) Savings Plan vs every filed plan by assets

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

$7,484,580 Top 48% higher than 52% 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

Business Furniture Corporation 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Business Furniture Corporation 401(k) Savings Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Business Furniture Corporation 401(k) Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $36K in the plan year 2023 filing.
  • Business Furniture Corporation 401(k) Savings Plan reported participants rose from 74 in the plan year 2022 filing to 78 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 350207380 · Business Furniture Corporation PY 2023 · 401(k)

Business Furniture Corporation 401(k) Savings Plan · $7M · 78 · 52nd

  • SCH $7M
  • SCH 78
  • SCH 52nd
  • SCH 401(k)
  • SCH near Vesta Corporation 401(k) Profit Sharing Plan
  • SCH ind #5265

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 Indiana →

Business Furniture Corporation 401(k) Savings Plan in the asset neighbourhood

Jdp Electric, Inc. 401(k) PlanJdp Electric, Inc. 401(k) Pl…$7MRaventek Solution Partners, LLC 401(k) PlanRaventek Solution Partners, …$7MBusiness Furniture Corporation 401(k) Savings PlanBusiness Furniture Corporati…$7MVesta Corporation 401(k) Profit Sharing PlanVesta Corporation 401(k) Pro…$7MRubio's Restaurant, Inc. 401(k) PlanRubio's Restaurant, Inc. 401…$7M
End-of-year total assets ($M) among Business Furniture Corporation 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$36K
Employer EIN350207380
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Business Furniture Corporation)

Sponsor-wide plan assets over time

All Business Furniture Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7M 0.4812900991175677% vs 2022
2023 filing year
$7.44M$7.45M$7.46M$7.47M$7.48M$7.49M 20222023 $7.45M $7.48M ▲ +0.4%
Year Plans Participants Total Assets
2022 1 74 $7M
2023 1 78 $7M

Nearby 401(k) Plans in Indiana

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

Business Furniture Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Business Furniture Corporation 401(k) Savings Plan, Total assets ($B): 0.00748458 · Participants: 78Business Furniture Corporation 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Business Furniture Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Business Furniture Corporation 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Vesta Corporation 401(k) Profit Sharing Plan in CT ($7M); by covered participants it is Rasi 401(k) Plan in CO (78 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (78 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 Business Furniture Corporation 401(k) Savings Plan assets move in 2023?
Business Furniture Corporation 401(k) Savings Plan held essentially flat - up 0.5% during 2023, from $7M to $7M. Reported net income was $36K.
How have Business Furniture Corporation plan assets changed over time?
Across 2 plan years on file (2022-2023), Business Furniture Corporation's sponsor-wide assets grew 0.5%, from $7M to $7M.
Which 401(k) plans are similar in size to Business Furniture Corporation 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Vesta Corporation 401(k) Profit Sharing Plan in CT ($7M, 241 participants).
Which 401(k) plans cover a similar participant headcount to Business Furniture Corporation 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Rasi 401(k) Plan in CO (78 participants, N/A in assets).