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: 7,233
- Total Assets: $912.0M
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 | 7,233 | $912.0M | $15.3M | $41.9M |
| 2023 | 7,445 | $846.2M | $41.0M | $15.2M |
| 2022 | 7,922 | $767.1M | $15.5M | $42.4M |
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 |
|---|---|---|---|---|
| IRA GROUP | BROKER | $37,879 | — | $37,879 |
| WARREN AVERETT, LLC | ACCOUNTANT/AUDITOR | $31,500 | — | $31,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,379
- Estimated Expense Ratio: 0.008% 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 | $69,379 | $120,000 | $1,200 | $31,500 | — |
| 2023 | $152,681 | $120,000 | $2,700 | $42,210 | — |
| 2022 | $628,323 | — | — | — | — |