CITY FURNITURE PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of CITY FURNITURE PROFIT SHARING PLAN is $56,394,200.This plan was established in 1981.

At the end of 2022, the total number of retirement plan participants in CITY FURNITURE PROFIT SHARING PLAN is 3257

In 2022, the average participant retirement account value for CITY FURNITURE PROFIT SHARING PLAN is $17,314

In 2022, the estimated average employee contribution amount per participant for CITY FURNITURE PROFIT SHARING PLAN is $3,466

In 2022, the estimated average employer match for an employee in CITY FURNITURE PROFIT SHARING PLAN is approximately $750

In 2022, CITY FURNITURE PROFIT SHARING PLAN allocates $2,443,434 to match its employees’ contributions, providing an employer match rate of 25.40% of their contributions

In 2022, the total retirement plan asset growth rate of CITY FURNITURE PROFIT SHARING PLAN is -10.95%

In 2022, the estimated aggregate retirement account investment gain/loss for CITY FURNITURE PROFIT SHARING PLAN is -16.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CITY FURNITURE PROFIT SHARING PLAN is 0.14%.

Enrollment Features

CITY FURNITURE PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.