401k Plan data: BGI INTERIORS INC 401 K PLAN plan

BGI INTERIORS INC 401 K PLAN 401k Plan overview

Plan Name	BGI INTERIORS INC 401 K PLAN
Plan identification number	001

BGI INTERIORS INC 401 K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.

401k Sponsoring company profile

BGI INTERIORS, INC has sponsored the creation of one or more 401k plans.

Company Name: BGI INTERIORS, INC

Employer identification number (EIN): 161271590

NAIC Classification: 337000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BGI INTERIORS INC 401 K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 JOHN BOWDEN 2024-03-04 JOHN BOWDEN 2024-03-04
001 2022-01-01 JOHN BOWDEN 2023-06-19 JOHN BOWDEN 2023-06-19
001 2021-01-01 JOHN BOWDEN 2022-05-09 JOHN BOWDEN 2022-05-09
001 2020-01-01 JOHN BOWDEN 2021-06-22
001 2019-01-01 JOHN BOWDEN 2020-07-13
001 2018-01-01 JOHN BOWDEN 2019-07-02
001 2017-01-01 JOHN BOWDEN 2018-08-21
001 2016-01-01 JOHN BOWDEN 2017-08-24
001 2015-01-01 JOHN BOWDEN 2017-08-24
001 2015-01-01 JOHN BOWDEN 2016-08-02
001 2014-01-01 JOHN BOWDEN 2017-08-22
001 2014-01-01 JOHN BOWDEN 2015-07-14
001 2013-01-01 JOHN BOWDEN 2017-08-22
001 2012-01-01 JOHN BOWDEN 2013-06-17
001 2011-01-01 JOHN BOWDEN 2012-06-07
001 2009-01-01 JOHN BOWDEN JOHN BOWDEN 2010-05-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	JOHN BOWDEN	2024-03-04	JOHN BOWDEN	2024-03-04
001	2022-01-01	JOHN BOWDEN	2023-06-19	JOHN BOWDEN	2023-06-19
001	2021-01-01	JOHN BOWDEN	2022-05-09	JOHN BOWDEN	2022-05-09
001	2020-01-01	JOHN BOWDEN	2021-06-22
001	2019-01-01	JOHN BOWDEN	2020-07-13
001	2018-01-01	JOHN BOWDEN	2019-07-02
001	2017-01-01	JOHN BOWDEN	2018-08-21
001	2016-01-01	JOHN BOWDEN	2017-08-24
001	2015-01-01	JOHN BOWDEN	2017-08-24
001	2015-01-01	JOHN BOWDEN	2016-08-02
001	2014-01-01	JOHN BOWDEN	2017-08-22
001	2014-01-01	JOHN BOWDEN	2015-07-14
001	2013-01-01	JOHN BOWDEN	2017-08-22
001	2012-01-01	JOHN BOWDEN	2013-06-17
001	2011-01-01	JOHN BOWDEN	2012-06-07
001	2009-01-01	JOHN BOWDEN		JOHN BOWDEN	2010-05-05

Financial Data on BGI INTERIORS INC 401 K PLAN

Measure	Date	Value
2025 : BGI INTERIORS INC 401 K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-08-29	699751
Net assets as of the end of the plan year	2025-08-29	3101451
Total assets as of the beginning of the plan year	2025-08-29	3062691
Value of plan covered by a fidelity bond	2025-08-29	100000
Participant contributions to plan in this plan year	2025-08-29	214451
Value of participant loans at end of plan year	2025-08-29	54116
Other income to plan in this plan year	2025-08-29	497830
Plan net income in this plan year	2025-08-29	38760
Net assets as of the end of the plan year	2025-08-29	3101451
Net assets as of the beginning of the plan year	2025-08-29	3062691
Employer contributions to plan in this plan year	2025-08-29	26230
Fees paid to broker by Benefit Provider	2025-08-29	11069
Expensese paid to adminstrative service provicers from plan in this plan year	2025-08-29	956
2024 : BGI INTERIORS INC 401 K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-03-04	245346
Net assets as of the end of the plan year	2024-03-04	3062691
Total assets as of the beginning of the plan year	2024-03-04	2567919
Value of plan covered by a fidelity bond	2024-03-04	100000
Participant contributions to plan in this plan year	2024-03-04	199229
Other income to plan in this plan year	2024-03-04	512249
Plan net income in this plan year	2024-03-04	494772
Net assets as of the end of the plan year	2024-03-04	3062691
Net assets as of the beginning of the plan year	2024-03-04	2567919
Employer contributions to plan in this plan year	2024-03-04	28640
Fees paid to broker by Benefit Provider	2024-03-04	8903
Expensese paid to adminstrative service provicers from plan in this plan year	2024-03-04	525
2022 : BGI INTERIORS INC 401 K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-05-09	3966
Net assets as of the end of the plan year	2022-05-09	3107336
Total assets as of the beginning of the plan year	2022-05-09	2515674
Value of plan covered by a fidelity bond	2022-05-09	500000
Participant contributions to plan in this plan year	2022-05-09	166310
Other income to plan in this plan year	2022-05-09	409580
Plan net income in this plan year	2022-05-09	591662
Net assets as of the end of the plan year	2022-05-09	3107336
Net assets as of the beginning of the plan year	2022-05-09	2515674
Employer contributions to plan in this plan year	2022-05-09	19738
Fees paid to broker by Benefit Provider	2022-05-09	9005
Expensese paid to adminstrative service provicers from plan in this plan year	2022-05-09	779
2010 : BGI INTERIORS INC 401 K PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$166,312
Expenses. Total of all expenses incurred	2010-12-31	$5,971
Benefits paid (including direct rollovers)	2010-12-31	$5,971
Total plan assets at end of year	2010-12-31	$645,000
Total plan assets at beginning of year	2010-12-31	$484,659
Value of fidelity bond covering the plan	2010-12-31	$50,000
Total contributions received or receivable from participants	2010-12-31	$46,972
Other income received	2010-12-31	$109,789
Net income (gross income less expenses)	2010-12-31	$160,341
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$645,000
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$484,659
Assets. Value of participant loans	2010-12-31	$46,503
Total contributions received or receivable from employer(s)	2010-12-31	$9,551
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : BGI INTERIORS INC 401 K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for BGI INTERIORS INC 401 K PLAN

2009: BGI INTERIORS INC 401 K PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 78778 )
Policy contract number	604355
Policy instance	1

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Company Name:	BGI INTERIORS, INC
Employer identification number (EIN):	161271590
NAIC Classification:	337000