A.B. Carter, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: A.B. Carter, INC.
  • Sponsor EIN: 560168305
  • Sponsor Address: P. O. BOX 518, GASTONIA, NC, 28053
  • Plan Type: 401(k)
  • Total Participants: 63
  • Total Assets: $14.4M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: No
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202463$14.4M$130,000$446,388
202362$14.2M$150,000$487,052
202265$12.4M$200,000$505,560

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