Hom Furniture, Inc. 401(k) Plan: Login, Facts & Contact Information

Hom Furniture, Inc. 401(k) Plan Facts

Plan name
HOM FURNITURE, INC. PROFIT SHARING/ 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HOM FURNITURE, INC.
Participants
871 (676 active employees)
Former employees with a balance
171
Plan assets
$70,957,489 at Dec 31, 2024
Average account balance
$83,973 across 845 accounts
Employer contributions
$1,321,607 in plan year 2024 (30% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.39 million went into the plan in contributions, $1.32 million of it from the employer (30%).
  • $7.19 million was paid out to participants.
  • Investment and other income added $8.26 million.
  • Administrative expenses were $181,417, about $215 per account.

How the Hom Furniture, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019891$58.0 million$1.21 million$5.51 million
2020850$61.7 million$875,495$7.04 million
2021868$69.0 million$1.40 million$5.99 million
2022864$56.9 million$1.45 million$5.49 million
2023890$65.7 million$1.36 million$4.89 million
2024871$71.0 million$1.32 million$7.19 million

Hom Furniture, Inc. 401(k) Contact Information

Phone
763-767-3631
Mailing address
10301 WOODCREST DR NW, MINNEAPOLIS MN 554336519
Plan sponsor
HOM FURNITURE, INC.
Employer identification number (EIN)
41-1411444
Plan number
001

Questions about the Hom Furniture, Inc. 401(k)

Does Hom Furniture, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.32 million, 30% of all contributions.

Does the Hom Furniture, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hom Furniture, Inc 401(k) plan?

871 participants at the start of plan year 2024, 676 of them active employees, and 171 former employees who still had money in the plan.

What is the average 401(k) balance at Hom Furniture, Inc?

About $83,973 per account: $71.0 million in plan assets across 845 accounts with a balance at the end of plan year 2024.

Who manages the Hom Furniture, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Principal 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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