Best Chairs, Inc. 401(k) Plan: Login, Facts & Contact Information

Best Chairs, Inc. 401(k) Plan Facts

Plan name
BEST HOME FURNISHINGS 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BEST CHAIRS, INC.
Participants
939 (772 active employees)
Former employees with a balance
190
Plan assets
$76,947,091 at Dec 31, 2024
Average account balance
$86,848 across 886 accounts
Employer contributions
$751,577 in plan year 2024 (23% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1993
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.21 million went into the plan in contributions, $751,577 of it from the employer (23%).
  • $6.19 million was paid out to participants.
  • Investment and other income added $8.90 million.
  • Administrative expenses were $122,454, about $138 per account.

How the Best Chairs, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,006$65.7 million$694,625$2.71 million
2020976$74.5 million$721,607$3.23 million
2021940$78.4 million$740,970$8.36 million
2022977$62.4 million$780,857$6.74 million
2023984$71.2 million$740,303$4.94 million
2024939$76.9 million$751,577$6.19 million

Best Chairs, Inc. 401(k) Contact Information

Phone
812-367-1761
Mailing address
ONE BEST DRIVE, FERDINAND IN 47532
Plan sponsor
BEST CHAIRS, INC.
Employer identification number (EIN)
35-1075512
Plan number
002

Questions about the Best Chairs, Inc. 401(k)

Does Best Chairs, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $751,577, 23% of all contributions.

Does the Best Chairs, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Best Chairs, Inc 401(k) plan?

939 participants at the start of plan year 2024, 772 of them active employees, and 190 former employees who still had money in the plan.

What is the average 401(k) balance at Best Chairs, Inc?

About $86,848 per account: $76.9 million in plan assets across 886 accounts with a balance at the end of plan year 2024.

Who manages the Best Chairs, Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Best Chairs, Inc. How do I access my 401(k)?

Your account stays with Vanguard 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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