Retirement plan

FACILITY CONCEPTS, INC. 401(K) PLAN

Name: FACILITY CONCEPTS, INC. - FACILITY CONCEPTS, INC. 401(K) PLAN (2025) Form 5500
Creator: FACILITY CONCEPTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FACILITY CONCEPTS, INC. 401(K) PLAN, FACILITY CONCEPTS, INC.

FACILITY CONCEPTS, INC.EIN 20-1185873Plan #002PY 2025

4881 PERRY WORTH ROAD - WHITESTOWN, IN 46075317-915-9000facility-concepts.comLinkedIn201-500 employeesfurniture

Prospect flagsHigh feesLow participationLow assets / participantLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+7.1% from 2024

Total participants

163

-15.5% from 2024

Average account balance

$15,098

+47.2% from 2024

Annual return

13.47%

+2.61 pp from 2024

Benchmarks

See 1,491 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,491 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$15K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

53.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$866

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$409

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 6 by compensation

Provider	Service type	Compensation
FIRST MERCHANTS TRUST CO4 years Filed as: FIRST MERCHANTS BANK Service code 99 · EIN 35-0508403	Other Fees	$3,827
EPIC RETIREMENT PLAN SERVICES2 years Filed as: RETIREMENT PLAN CONCEPTS & SVCS Service code 49 · EIN 35-2091834	Other Services	$687
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT ADVISORS LLC Service code 26 · EIN 02-0488491	Advisory (Participants)	$165
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA INVESTMENT ADVISERS LLC Service code 99 · EIN 36-3258176	Other Fees	$0
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MGMT Service code 27 · EIN 36-3297908	Advisory (Plan)	$0
SHEPHERD FINANCIAL INVESTMENT ADVIS1 year Service code 99 · EIN 82-0759826	Other Fees	$0

Plan features & details

Pension benefit codes2T2E2J2K2S2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$39K

$272 / participant

Investment mgmt$8532.2%
Contract admin$35K89.6%
Other / not subdivided$3K8.2%

% of EOY assets

2.707%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KIMBERLIN COMPANY, PLLC
Auditor EIN: 455497718
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,098

$85,515-82.3%

$112,040-86.5%

$67,986-77.8%

Participation rate

53.5%

68.2%-14.7pp

76.5%-23.0pp

57.2%-3.7pp

Annual return

13.47%

29.68%-16.2pp

24.52%-11.1pp

31.67%-18.2pp

Employer contribution / active EE

$2,191-100.0%

$2,954-100.0%

$2,019-100.0%

Participant deferral / active EE

$866

$4,014-78.4%

$5,098-83.0%

$3,358-74.2%

Admin fee / account holder

$409

$3,774-89.2%

$12,098-96.6%

$3,203-87.2%

Provider

Service type

Compensation

FIRST MERCHANTS TRUST CO4 years

Filed as: FIRST MERCHANTS BANK

Service code 99 · EIN 35-0508403

Other Fees

$3,827

EPIC RETIREMENT PLAN SERVICES2 years

Filed as: RETIREMENT PLAN CONCEPTS & SVCS

Service code 49 · EIN 35-2091834

Other Services

$687

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT ADVISORS LLC

Service code 26 · EIN 02-0488491

Advisory (Participants)

$165

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA INVESTMENT ADVISERS LLC

Service code 99 · EIN 36-3258176

Other Fees

MORNINGSTAR4 years

Filed as: MORNINGSTAR INVESTMENT MGMT

Service code 27 · EIN 36-3297908

Advisory (Plan)

SHEPHERD FINANCIAL INVESTMENT ADVIS1 year

Service code 99 · EIN 82-0759826

Other Fees

FACILITY CONCEPTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FACILITY CONCEPTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion