Other
2023 plan-year Other DOL Form 5500

Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Home Furniture Company of Lafayette, Inc · Louisiana · Retail Trade

What the 2023 filing shows

Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan holds $6M for 256 participants — about $22,252 per participant, up 32.9% over the 2023 plan year.

$6M
total plan assets (2023 EOY)
256
covered participants
$22,252
avg assets per participant
+32.9%
assets growth YoY

The plan reported a net loss of $184K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6M
Participants
256
State
Industry
Retail Trade

What the Filing Says About Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan

Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Home Furniture Company of Lafayette, Inc, headquartered in Louisiana. As of the 2023 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 256 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 720709445, and the plan has been effective since 2014-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2023 to $6M at year-end — a gain of 32.9%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-183,608 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$6M
Net Assets (End of Year)$4M
Net Income$-183,608
Plan TypeOther
Employer EIN720709445
Plan Effective Date2014-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Home Furniture Company of Lafayette, Inc)

Year Plans Participants Total Assets
2022 2 512 $14M
2023 2 523 $16M
2024 2 485 $17M

Nearby Other Plans in Louisiana

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan holds $6M in total assets with 256 participants. It is sponsored by Home Furniture Company of Lafayette, Inc.
What type of plan is Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan?
Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2014-04-01. The plan is filed with the U.S. Department of Labor under EIN 720709445.
Who sponsors the Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan?
Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan is sponsored by Home Furniture Company of Lafayette, Inc, located in Louisiana. The sponsor's EIN is 720709445 and the plan operates in the Retail Trade industry.
How did Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan perform in 2023?
Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan grew by 32.9% during 2023, moving from $4M to $6M in total assets. Net income was $-183,608.
Where can I find official filings for Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 720709445 or plan name at efast.dol.gov.
How does Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Home Furniture Company of Lafayette, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 720709445.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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