CARPET WEAVERS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 616 WEST MARKETVIEW DRIVE,CHAMPAIGN,IL
  • Contact person: FRANK HOSEK
  • Phone: (217) 355-6173

Plan General Information


At the end of 2022, the total retirement plan assets of CARPET WEAVERS, INC. 401(K) PLAN is $9,509,831.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in CARPET WEAVERS, INC. 401(K) PLAN is 114

In 2022, the average participant retirement account value for CARPET WEAVERS, INC. 401(K) PLAN is $83,419

In 2022, the estimated average employee contribution amount per participant for CARPET WEAVERS, INC. 401(K) PLAN is $3,104


In 2022, the total retirement plan asset growth rate of CARPET WEAVERS, INC. 401(K) PLAN is -22.77%

In 2022, the estimated aggregate retirement account investment gain/loss for CARPET WEAVERS, INC. 401(K) PLAN is -19.89%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CARPET WEAVERS, INC. 401(K) PLAN is 0.47%.

Enrollment Features

CARPET WEAVERS, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.