Plan Snapshot
- Plan Sponsor: Mohawk Carpet, LLC
- Sponsor EIN: 582185429
- Sponsor Address: 160 S. INDUSTRIAL BLVD., CALHOUN, GA, 30701
- Plan Type: 401(k)
- Total Participants: 10,526
- Total Assets: $251.2M
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
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,526 | $251.2M | $8.9M | $21.1M |
| 2023 | 10,948 | $234.2M | $8.8M | $20.8M |
| 2022 | 10,965 | $211.2M | $9.0M | $21.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $725,466 | — | $725,466 |
| WARREN AVERETT, LLC | ACCOUNT-AUDITOR | $10,500 | — | $10,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WARREN AVERETT, LLC — ACCOUNT-AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $735,966
- Estimated Expense Ratio: 0.293% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $735,966 | — | $1,500 | $10,500 | — |
| 2023 | $740,452 | — | $1,500 | — | — |
| 2022 | $1,140,255 | — | $1,140,255 | — | — |