401(k) · DOL Form 5500 · 2023

Independent Furniture Supply Co Inc 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
207
Participants Below avg headcount
42nd
Percentile by assets National rank
$21,793
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ifs Savings and Retirement Plan · Sponsored by Independent Furniture Supply Co Inc · Mississippi · Manufacturing

$5M in assets, 207 participants

Independent Furniture Supply Co Inc's Ifs Savings and Retirement Plan reported $5M in total assets and 207 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,799 in Manufacturing (18,722 peers)

What the 2023 filing shows

Ifs Savings and Retirement Plan holds $5M for 207 participants - about $21,793 per participant, in the lower half of filed plans by assets.

#4,799
in Manufacturing (18,722 peers)
+4.7%
assets growth YoY

Ifs Savings and Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Ifs Savings and Retirement Plan vs every filed plan by assets

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

$4,511,109 42nd percentile higher than 42% 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

Ifs Savings and 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. Ifs Savings and Retirement Plan sits mid-pack in the medium band (207 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ifs Savings and Retirement Plan reported net income rose from -$359K in the plan year 2022 filing to $204K in the plan year 2023 filing.
  • Ifs Savings and Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Ifs Savings and Retirement Plan reported participants fell from 210 in the plan year 2022 filing to 207 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 640944541 · Independent Furniture Supply Co Inc PY 2023 · 401(k)

Ifs Savings and Retirement Plan · $5M · 207 · 42nd

  • BOY $5M
  • SCH 207
  • EBSA 42nd
  • PART 401(k)
  • TYPE near Jmark Business Solutions, Inc. 401(k) Plan
  • NET ind #4799

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 Mississippi →

Ifs Savings and Retirement Plan in the asset neighbourhood

Ifs Savings and Retirement PlanIfs Savings and Retirement P…$5MJmark Business Solutions, Inc. 401(k) PlanJmark Business Solutions, In…$5MPortland Air Freight, Inc. Retirement Savings PlanPortland Air Freight, Inc. R…$5MNorthern States Supply Inc. Employee Stock Ownership Plan and TrustNorthern States Supply Inc. …$5MAgbu Manoogian-Demirdjian School 401(k) Retirement PlanAgbu Manoogian-Demirdjian Sc…$5M
End-of-year total assets ($M) among Ifs Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$204K
Employer EIN640944541
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Furniture Supply Co Inc)

Sponsor-wide plan assets over time

All Independent Furniture Supply Co Inc plans reported in each filing year

Latest sponsor-wide plan assets
$5M 9.970749033673435% vs 2022
2024 filing year
$4.2M$4.4M$4.6M$4.8M 202220232024 $4.31M $4.74M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 210 $4M
2023 1 207 $5M
2024 1 198 $5M

Nearby 401(k) Plans in Mississippi

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

Ifs Savings and Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Ifs Savings and Retirement Plan, Total assets ($M): 4.511109 · Participants: 207Ifs Savings and Retirement PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Ifs Savings and Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Ifs Savings and Retirement Plan side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Jmark Business Solutions, Inc. 401(k) Plan in MO ($5M); by covered participants it is Rp Construction Services, Inc. 401(k) Plan in CA (207 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (207 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 Ifs Savings and Retirement Plan assets move in 2023? ▼
Ifs Savings and Retirement Plan edged up modestly - up 4.7% during 2023, from $4M to $5M. Reported net income was $204K.
How have Independent Furniture Supply Co Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Furniture Supply Co Inc's sponsor-wide assets grew 10.0%, from $4M to $5M.
Which 401(k) plans are similar in size to Ifs Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jmark Business Solutions, Inc. 401(k) Plan in MO ($5M, 113 participants).
Which 401(k) plans cover a similar participant headcount to Ifs Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rp Construction Services, Inc. 401(k) Plan in CA (207 participants, N/A 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 640944541.

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.