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WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameWALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined 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.
  • 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

WALKER EDISON FURNITURE COMPANY LLC has sponsored the creation of one or more 401k plans.

Company Name:WALKER EDISON FURNITURE COMPANY LLC
Employer identification number (EIN):205246576
NAIC Classification:423200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01BOYD KEZERIAN2021-10-14
0012019-01-01BRAD BONHAM2020-06-03
0012018-01-01LYNDA FRENCH2019-03-08
0012017-01-01LYNDA FRENCH2018-04-23
0012016-01-01LYNDA FRENCH2017-05-12
0012015-01-01LYNDA FRENCH2016-06-24
0012014-01-01LYNDA FRENCH2015-07-30
0012013-01-01CINDI CUNDIFF2014-06-03

Plan Statistics for WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-01230
Total number of active participants reported on line 7a of the Form 55002023-01-01126
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0192
Total of all active and inactive participants2023-01-01218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01218
Number of participants with account balances2023-01-01163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01243
Total number of active participants reported on line 7a of the Form 55002022-01-01153
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0177
Total of all active and inactive participants2022-01-01230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01230
Number of participants with account balances2022-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01193
Total number of active participants reported on line 7a of the Form 55002021-01-01200
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0143
Total of all active and inactive participants2021-01-01243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01243
Number of participants with account balances2021-01-01146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010

Financial Data on WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023 : WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$2,083,289
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$1,318,566
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$1,309,792
Expenses. Certain deemed distributions of participant loans2023-12-31$4,799
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,309,931
Value of total assets at end of year2023-12-31$5,167,948
Value of total assets at beginning of year2023-12-31$4,403,225
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$3,975
Total interest from all sources2023-12-31$791
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$250,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$726,217
Participant contributions at end of year2023-12-31$12,974
Participant contributions at beginning of year2023-12-31$10,864
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$239,591
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$764,723
Value of net assets at end of year (total assets less liabilities)2023-12-31$5,167,948
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$4,403,225
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in pooled separate accounts at end of year2023-12-31$3,976,141
Value of interest in pooled separate accounts at beginning of year2023-12-31$3,650,817
Interest on participant loans2023-12-31$791
Value of interest in common/collective trusts at end of year2023-12-31$1,158,137
Value of interest in common/collective trusts at beginning of year2023-12-31$729,703
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$20,696
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$11,841
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$772,567
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$344,123
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$1,309,792
Contract administrator fees2023-12-31$3,975
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31TANNER LLC
Accountancy firm EIN2023-12-31202253063
2022 : WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$708,147
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$258,451
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$255,546
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,480,221
Value of total assets at end of year2022-12-31$4,403,225
Value of total assets at beginning of year2022-12-31$3,953,529
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,905
Total interest from all sources2022-12-31$999
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$395,360
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$734,973
Participant contributions at end of year2022-12-31$10,864
Participant contributions at beginning of year2022-12-31$14,815
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$364,714
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$449,696
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,403,225
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,953,529
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$3,650,817
Value of interest in pooled separate accounts at beginning of year2022-12-31$3,265,952
Interest on participant loans2022-12-31$533
Interest earned on other investments2022-12-31$198
Value of interest in common/collective trusts at end of year2022-12-31$729,703
Value of interest in common/collective trusts at beginning of year2022-12-31$651,763
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$268
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$11,841
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$20,999
Net investment gain/loss from pooled separate accounts2022-12-31$-643,229
Net investment gain or loss from common/collective trusts2022-12-31$-129,844
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$380,534
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$255,546
Contract administrator fees2022-12-31$2,905
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31TANNER LLC
Accountancy firm EIN2022-12-31202253063
2021 : WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,558,957
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$195,085
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$192,695
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,008,505
Value of total assets at end of year2021-12-31$3,953,529
Value of total assets at beginning of year2021-12-31$2,589,657
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,390
Total interest from all sources2021-12-31$528
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$258,966
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$638,041
Participant contributions at end of year2021-12-31$14,815
Participant contributions at beginning of year2021-12-31$2,150
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$35,281
Other income not declared elsewhere2021-12-31$5,478
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,363,872
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,953,529
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,589,657
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$3,265,952
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,169,835
Interest on participant loans2021-12-31$414
Interest earned on other investments2021-12-31$114
Value of interest in common/collective trusts at end of year2021-12-31$651,763
Value of interest in common/collective trusts at beginning of year2021-12-31$412,772
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$20,999
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$4,900
Net investment gain/loss from pooled separate accounts2021-12-31$483,201
Net investment gain or loss from common/collective trusts2021-12-31$61,245
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$335,183
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$192,695
Contract administrator fees2021-12-31$2,390
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31TANNER LLC
Accountancy firm EIN2021-12-31202253063

Form 5500 Responses for WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST

2023: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: WALKEREDISON LLC 401 K PROFIT SHARING PLAN TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81F495
Policy instance 1
Insurance contract or identification number81F495
Number of Individuals Covered162
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81F495
Policy instance 1
Insurance contract or identification number81F495
Number of Individuals Covered170
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81F495
Policy instance 1
Insurance contract or identification number81F495
Number of Individuals Covered146
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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