Baer's Furniture Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Baer's Furniture Company, Inc. 401(k) Plan Facts

Plan name
BAER'S FURNITURE COMPANY, INC. CASH OR DEFERRED PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BAER'S FURNITURE COMPANY, INC.
Participants
923 (644 active employees)
Former employees with a balance
199
Plan assets
$17,712,351 at Dec 31, 2024
Average account balance
$23,839 across 743 accounts
Employer contributions
$223,444 in plan year 2024 (11% of all contributions)
Recordkeeper
Ingham & Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1985
✓ 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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.10 million went into the plan in contributions, $223,444 of it from the employer (11%).
  • $1.43 million was paid out to participants.
  • Investment and other income added $2.07 million.
  • Administrative expenses were $140,031, about $188 per account.

How the Baer's Furniture Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019650$7.88 million$213,822$638,073
2020666$9.87 million$205,465$734,922
2021710$12.7 million$219,793$498,914
2022783$12.1 million$223,915$683,466
2023792$15.2 million$249,160$1.17 million
2024923$17.7 million$223,444$1.43 million

Baer's Furniture Company, Inc. 401(k) Contact Information

Phone
954-946-8001
Mailing address
1589 NW 12 AVENUE, POMPANO BEACH FL 330691730
Plan sponsor
BAER'S FURNITURE COMPANY, INC.
Employer identification number (EIN)
59-1212401
Plan number
003

Questions about the Baer's Furniture Company, Inc. 401(k)

Does Baer's Furniture Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $223,444, 11% of all contributions.

Does the Baer's Furniture Company, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Baer's Furniture Company, Inc 401(k) plan?

923 participants at the start of plan year 2024, 644 of them active employees, and 199 former employees who still had money in the plan.

What is the average 401(k) balance at Baer's Furniture Company, Inc?

About $23,839 per account: $17.7 million in plan assets across 743 accounts with a balance at the end of plan year 2024.

Who manages the Baer's Furniture Company, Inc 401(k) accounts?

INGHAM & COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with INGHAM & COMPANY 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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