Retirement plan

ATLANTA FLOORING DESIGN CENTERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: ATLANTA FLOORING DESIGN CENTER - ATLANTA FLOORING DESIGN CENTERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: ATLANTA FLOORING DESIGN CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATLANTA FLOORING DESIGN CENTERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, ATLANTA FLOORING DESIGN CENTER

ATLANTA FLOORING DESIGN CENTEREIN 58-1621134Plan #002PY 2023

3665 SWIFTWATER PARK DR BLDG 2 - SUWANEE, GA 300247178770-476-8306atlantaflooringdesign.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$9.0M assets

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$52.4M

No prior year

Total participants

286

No prior year

Average account balance

$183,111

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 1,502 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,502 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2O2J2K2H

Plan features

2H
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCNAIR,MCLEMORE,MIDDLEBROOK CO,LLC
Auditor EIN: 581094351
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$183,111

$93,010+96.9%

$96,515+89.7%

$74,460+145.9%

Participation rate

100.0%

71.6%+28.4pp

74.3%+25.7pp

70.7%+29.3pp

Annual return

0.00%

37.50%-37.5pp

35.73%-35.7pp

34.38%-34.4pp

Employer contribution / active EE

$20,979

$3,427+512.1%

$3,740+461.0%

$2,638+695.2%

Participant deferral / active EE

$3,971-100.0%

$4,880-100.0%

$4,530-100.0%

Admin fee / account holder

$633-100.0%

$6,735-100.0%

$348-100.0%

ATLANTA FLOORING DESIGN CENTERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ATLANTA FLOORING DESIGN CENTERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion