Badcock's Economy Furniture Stores, Inc. 401(k) Plan: Login, Facts & Contact Information

Badcock's Economy Furniture Stores, Inc. 401(k) Plan Facts

Plan name
BEFCO 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BADCOCK'S ECONOMY FURNITURE STORES, INC.
Participants
203 (146 active employees)
Former employees with a balance
48
Plan assets
$5,516,087 at Dec 31, 2024
Average account balance
$34,476 across 160 accounts
Employer contributions
$70,732 in plan year 2024 (20% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1959
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $363,340 went into the plan in contributions, $70,732 of it from the employer (20%).
  • $1.81 million was paid out to participants.
  • Investment and other income added $612,197.
  • Administrative expenses were $18,628, about $116 per account.

How the Badcock's Economy Furniture Stores, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019153$5.40 million$71,531$287,977
2020233$6.40 million$74,132$277,235
2021229$7.02 million$86,153$465,368
2022225$5.59 million$80,119$725,490
2023225$6.38 million$75,913$315,410
2024203$5.52 million$70,732$1.81 million

Badcock's Economy Furniture Stores, Inc. 401(k) Contact Information

Phone
561-694-8588
Mailing address
3931 RCA BLVD., SUITE 3122, PALM BEACH GARDENS FL 33410
Plan sponsor
BADCOCK'S ECONOMY FURNITURE STORES, INC.
Employer identification number (EIN)
59-0656261
Plan number
001

Questions about the Badcock's Economy Furniture Stores, Inc. 401(k)

Does Badcock's Economy Furniture Stores, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $70,732, 20% of all contributions.

Does the Badcock's Economy Furniture Stores, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Badcock's Economy Furniture Stores, Inc 401(k) plan?

203 participants at the start of plan year 2024, 146 of them active employees, and 48 former employees who still had money in the plan.

What is the average 401(k) balance at Badcock's Economy Furniture Stores, Inc?

About $34,476 per account: $5.52 million in plan assets across 160 accounts with a balance at the end of plan year 2024.

Who manages the Badcock's Economy Furniture Stores, Inc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Badcock's Economy Furniture Stores, Inc. How do I access my 401(k)?

Your account stays with Ascensus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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