401k Plan data: BECKERS 401(K) PLAN plan

BECKERS 401(K) PLAN 401k Plan overview

Plan Name	BECKERS 401(K) PLAN
Plan identification number	002

BECKERS 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FLOORS BY BECKER, INC. has sponsored the creation of one or more 401k plans.

Company Name: FLOORS BY BECKER, INC.

Employer identification number (EIN): 411796815

NAIC Classification: 238300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BECKERS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 KAREN SVEIVEN
002 2017-01-01 KAREN SVEIVEN

Plan Statistics for BECKERS 401(K) PLAN

401k plan membership statisitcs for BECKERS 401(K) PLAN

Measure Date Value
2022: BECKERS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: BECKERS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 93
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 76
Number of retired or separated participants receiving benefits 2021-01-01 5
Number of other retired or separated participants entitled to future benefits 2021-01-01 11
Total of all active and inactive participants 2021-01-01 92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 92
Number of participants with account balances 2021-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: BECKERS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 90
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 81
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 8
Total of all active and inactive participants 2020-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 90
Number of participants with account balances 2020-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: BECKERS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 84
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 6
Total of all active and inactive participants 2019-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 90
Number of participants with account balances 2019-01-01 40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: BECKERS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 95
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 3
Total of all active and inactive participants 2018-01-01 98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 98
Number of participants with account balances 2018-01-01 33
2017: BECKERS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 86
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 3
Total of all active and inactive participants 2017-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 89
Number of participants with account balances 2017-01-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2022: BECKERS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: BECKERS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	93
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	76
Number of retired or separated participants receiving benefits	2021-01-01	5
Number of other retired or separated participants entitled to future benefits	2021-01-01	11
Total of all active and inactive participants	2021-01-01	92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	92
Number of participants with account balances	2021-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: BECKERS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	90
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	81
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	8
Total of all active and inactive participants	2020-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	90
Number of participants with account balances	2020-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: BECKERS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	84
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	6
Total of all active and inactive participants	2019-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	90
Number of participants with account balances	2019-01-01	40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: BECKERS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	95
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	3
Total of all active and inactive participants	2018-01-01	98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	98
Number of participants with account balances	2018-01-01	33
2017: BECKERS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	86
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	3
Total of all active and inactive participants	2017-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	89
Number of participants with account balances	2017-01-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on BECKERS 401(K) PLAN

Measure	Date	Value
2022 : BECKERS 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-07-01	$-3,777,895
Total income from all sources	2022-07-01	$-1,568,237
Expenses. Total of all expenses incurred	2022-07-01	$2,302,546
Benefits paid (including direct rollovers)	2022-07-01	$2,268,699
Total plan assets at end of year	2022-07-01	$0
Total plan assets at beginning of year	2022-07-01	$7,648,678
Value of fidelity bond covering the plan	2022-07-01	$500,000
Expenses. Other expenses not covered elsewhere	2022-07-01	$33,847
Other income received	2022-07-01	$-1,568,237
Net income (gross income less expenses)	2022-07-01	$-3,870,783
Net plan assets at end of year (total assets less liabilities)	2022-07-01	$0
Net plan assets at beginning of year (total assets less liabilities)	2022-07-01	$7,648,678
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-07-01	$228
2021 : BECKERS 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$1,349,466
Expenses. Total of all expenses incurred	2021-12-31	$821,023
Benefits paid (including direct rollovers)	2021-12-31	$776,761
Total plan assets at end of year	2021-12-31	$7,648,678
Total plan assets at beginning of year	2021-12-31	$7,120,235
Value of fidelity bond covering the plan	2021-12-31	$500,000
Total contributions received or receivable from participants	2021-12-31	$213,150
Other income received	2021-12-31	$1,062,711
Net income (gross income less expenses)	2021-12-31	$528,443
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$7,648,678
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$7,120,235
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$228
Total contributions received or receivable from employer(s)	2021-12-31	$73,605
Value of corrective distributions	2021-12-31	$152
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$44,110
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : BECKERS 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$1,673,888
Expenses. Total of all expenses incurred	2020-12-31	$85,214
Benefits paid (including direct rollovers)	2020-12-31	$48,570
Total plan assets at end of year	2020-12-31	$7,120,235
Total plan assets at beginning of year	2020-12-31	$5,531,561
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$220,525
Contributions received from other sources (not participants or employers)	2020-12-31	$2,663
Other income received	2020-12-31	$1,365,614
Net income (gross income less expenses)	2020-12-31	$1,588,674
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$7,120,235
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$5,531,561
Assets. Value of participant loans	2020-12-31	$30,941
Total contributions received or receivable from employer(s)	2020-12-31	$85,086
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$36,644
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : BECKERS 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$1,507,801
Expenses. Total of all expenses incurred	2019-12-31	$37,426
Benefits paid (including direct rollovers)	2019-12-31	$5,000
Total plan assets at end of year	2019-12-31	$5,531,561
Total plan assets at beginning of year	2019-12-31	$4,061,186
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$228,380
Contributions received from other sources (not participants or employers)	2019-12-31	$59,336
Other income received	2019-12-31	$1,123,905
Net income (gross income less expenses)	2019-12-31	$1,470,375
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$5,531,561
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$4,061,186
Assets. Value of participant loans	2019-12-31	$37,664
Total contributions received or receivable from employer(s)	2019-12-31	$96,180
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$32,426
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : BECKERS 401(K) PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$17,209
Expenses. Total of all expenses incurred	2018-12-31	$34,901
Total plan assets at end of year	2018-12-31	$4,061,186
Total plan assets at beginning of year	2018-12-31	$4,078,878
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$221,042
Other income received	2018-12-31	$-298,784
Net income (gross income less expenses)	2018-12-31	$-17,692
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$4,061,186
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$4,078,878
Assets. Value of participant loans	2018-12-31	$13,062
Total contributions received or receivable from employer(s)	2018-12-31	$94,951
Value of corrective distributions	2018-12-31	$5,064
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$29,837
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : BECKERS 401(K) PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$301,936
Total income from all sources	2017-12-31	$844,715
Expenses. Total of all expenses incurred	2017-12-31	$29,620
Total plan assets at end of year	2017-12-31	$4,078,878
Total plan assets at beginning of year	2017-12-31	$2,961,847
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$150,956
Contributions received from other sources (not participants or employers)	2017-12-31	$8,653
Other income received	2017-12-31	$629,519
Net income (gross income less expenses)	2017-12-31	$815,095
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$4,078,878
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,961,847
Assets. Value of participant loans	2017-12-31	$25,456
Total contributions received or receivable from employer(s)	2017-12-31	$55,587
Value of corrective distributions	2017-12-31	$5,366
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$24,254
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0

Form 5500 Responses for BECKERS 401(K) PLAN

2022: BECKERS 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2022-01-01	Plan is a collectively bargained plan	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: BECKERS 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan is a collectively bargained plan	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: BECKERS 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan is a collectively bargained plan	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: BECKERS 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan is a collectively bargained plan	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: BECKERS 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan is a collectively bargained plan	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: BECKERS 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan is a collectively bargained plan	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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Company Name:	FLOORS BY BECKER, INC.
Employer identification number (EIN):	411796815
NAIC Classification:	238300