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L & K CARPET ONE 401K PLAN 401k Plan overview

Plan NameL & K CARPET ONE 401K PLAN
Plan identification number 001

L & K CARPET ONE 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

L & K CARPET ONE has sponsored the creation of one or more 401k plans.

Company Name:L & K CARPET ONE
Employer identification number (EIN):820534572
NAIC Classification:442210
NAIC Description:Floor Covering Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L & K CARPET ONE 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JARED BERNT2024-05-02 JARED BERNT2024-05-02
0012022-01-01JARED BERNT2023-09-28 JARED BERNT2023-09-28
0012021-01-01JARED BERNT2022-08-11 JARED BERNT2022-08-11

Financial Data on L & K CARPET ONE 401K PLAN

Measure Date Value
2025 : L & K CARPET ONE 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-201975
Net assets as of the end of the plan year2025-03-20280271
Total assets as of the beginning of the plan year2025-03-20185096
Value of plan covered by a fidelity bond2025-03-2029000
Participant contributions to plan in this plan year2025-03-2054344
Other income to plan in this plan year2025-03-2028494
Plan net income in this plan year2025-03-2095175
Net assets as of the end of the plan year2025-03-20280271
Net assets as of the beginning of the plan year2025-03-20185096
Employer contributions to plan in this plan year2025-03-2014312
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-201975
2024 : L & K CARPET ONE 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-061071
Net assets as of the end of the plan year2024-05-06185096
Total assets as of the beginning of the plan year2024-05-0699539
Value of plan covered by a fidelity bond2024-05-0619000
Participant contributions to plan in this plan year2024-05-0650776
Other contributions to plan in this plan year2024-05-062469
Other income to plan in this plan year2024-05-0621181
Plan net income in this plan year2024-05-0685557
Net assets as of the end of the plan year2024-05-06185096
Net assets as of the beginning of the plan year2024-05-0699539
Employer contributions to plan in this plan year2024-05-0612202
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-061071
2022 : L & K CARPET ONE 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-17194
Net assets as of the end of the plan year2022-08-1750534
Total assets as of the beginning of the plan year2022-08-170
Value of plan covered by a fidelity bond2022-08-1710000
Participant contributions to plan in this plan year2022-08-1739767
Other income to plan in this plan year2022-08-171778
Plan net income in this plan year2022-08-1750534
Net assets as of the end of the plan year2022-08-1750534
Net assets as of the beginning of the plan year2022-08-170
Employer contributions to plan in this plan year2022-08-179183
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-17194

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