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

Klaussner Furniture Industries, Inc. 401(k) Plan Facts

Plan name
KLAUSSNER RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KLAUSSNER FURNITURE INDUSTRIES, INC.
Participants
707 (547 active employees)
Former employees with a balance
154
Plan assets
$7,925,390 at Dec 31, 2024
Average account balance
$14,542 across 545 accounts
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1984
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.68 million was paid out to participants.
  • Investment and other income added $1.14 million.
  • Administrative expenses were $79,570, about $146 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,584$26.5 million$234,209$2.75 million
20201,445$24.3 million$213,176$5.70 million
20211,330$24.1 million$244,647$4.40 million
20221,266$17.8 million$415,304$4.92 million
20231,159$10.5 million$382,115$10.3 million
2024707$7.93 million$0$3.68 million

Klaussner Furniture Industries, Inc. 401(k) Contact Information

Phone
336-858-9043
Mailing address
405 LEWALLEN ROAD, ASHEBORO NC 27204
Plan sponsor
KLAUSSNER FURNITURE INDUSTRIES, INC.
Employer identification number (EIN)
56-1264300
Plan number
001

Questions about the Klaussner Furniture Industries, Inc. 401(k)

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

Yes. The plan reports an employer contribution arrangement.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

707 participants at the start of plan year 2024, 547 of them active employees, and 154 former employees who still had money in the plan.

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

About $14,542 per account: $7.93 million in plan assets across 545 accounts with a balance at the end of plan year 2024.

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

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Empower 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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