401(k) ยท DOL Form 5500 ยท 2024
Marsh Furniture Company 401(k) Plan
ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.
- $22M
- Total assets
- 578
- Participants
- 52th
- Percentile by assets
Sponsored by Marsh Furniture Company ยท North Carolina ยท Manufacturing
What the 2024 filing shows
Marsh Furniture Company 401(k) Plan holds $22M for 578 participants - about $37,441 per participant, above the median plan by assets, up 17.5% over the 2024 plan year.
- $22M
- total plan assets (2024 EOY)
- 578
- covered participants
- 52th
- percentile by assets (of 67,083 plans)
- $37,441
- avg assets per participant
What the Filing Says About Marsh Furniture Company 401(k) Plan
Marsh Furniture Company 401(k) Plan is a 401(k) retirement plan sponsored by Marsh Furniture Company, headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 578 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 560310260, and the plan has been effective since 1952-12-31. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $18M at the beginning of 2024 to $22M at year-end - a gain of 17.5%. Net assets (after liabilities) closed the year at $22M, with reported net income of $3M 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) | $18M |
| Total Assets (End of Year) | $22M |
| Net Assets (End of Year) | $22M |
| Net Income | $3M |
| Plan Type | 401(k) |
| Employer EIN | 560310260 |
| Plan Effective Date | 1952-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Marsh Furniture Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 605 | $15M |
| 2023 | 1 | 640 | $18M |
| 2024 | 1 | 578 | $22M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $54.8B ยท 173,899
- Honeywell 401(k) Plan $15.4B ยท 40,004
- Duke Energy Retirement Savings Plan $10.4B ยท 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B ยท 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B ยท 24,174
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560310260.
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.
Read our methodology - how this data is sourced, computed, and verified.