# Preferred Flooring & Tile INC. DC Plan
Source: https://planprovider.pro/companies/preferred-flooring-tile-inc-plan

> Preferred Flooring & Tile INC.'s DC plan: 7 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Preferred Flooring & Tile INC.

- **Sponsor EIN:** 850506734

- **Sponsor Address:** 8411 GLENWOOD AVE, RALEIGH, NC, 27612

- **Plan Type:** DC

- **Total Participants:** 7

- **Total Assets:** $430,220

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|7|$430,220|$5,000|$0|

| 2024|5|$414,092|$7,000|$0|

| 2023|6|$397,163|$0|$0|

| 2022|5|$340,567|$0|$0|

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- [Fhl Enterprises INC.](https://planprovider.pro/companies/fhl-enterprises-inc-401k-plan) — 5 participants

- [Lake Norman Floors, INC.](https://planprovider.pro/companies/lake-norman-floors-inc-plan) — 5 participants

- [Fcipt Corp.](https://planprovider.pro/companies/fcipt-corp-401k-plan) — 4 participants

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