Culp Inc Employees Ret BLDR Plan 401(k) match, vesting and fees

Plan year 2025 filingCulp Inc Employees Ret Builder Plan · Plan 001 · EIN 56-1001967Updated Oct 2026

What Culp Inc Employees Ret BLDR Plan's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $1M in employer contributions, about $1,787 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$86,481
Average account balance
580
Participants (end of year)
$49.5M
Plan assets (end of year)
0.30%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Annuity Insurance CompanySchedule C ↗
Independent auditorGreer Walker, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 408 defined-contribution plans in manufacturing with 500 to 999 participants.

Culp Inc Employees Ret BLDR Plan: employer contribution per participant$1,787
Peer median$2,176
Culp Inc Employees Ret BLDR Plan: average balance$86,481
Peer median$86,901
Culp Inc Employees Ret BLDR Plan: admin expenses ÷ assets0.30%
Peer median0.16%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $49.3M at the end of plan year 2021 to $49.5M at the end of plan year 2025.

$49.3M2021$40.8M2022$41.8M2023$44.7M2024$49.5M2025
End-of-year figures from each plan year's Form 5500 filing for the Culp Inc Employees Ret BLDR Plan plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025580$49.5M$1M$1,7870.30%Not publishedForm 5500 ↗
2024596$44.7M$1.1M$1,7930.30%Not publishedForm 5500 ↗
2023611$41.8M$1.1M$1,7450.30%Not publishedForm 5500 ↗
2022917$40.8M$1M$1,1630.25%Not publishedForm 5500 ↗
2021963$49.3M$1.1M$1,2180.24%Not publishedForm 5500 ↗

Common questions

Does Culp Inc Employees Ret BLDR Plan match 401(k) contributions?

The match terms for the Culp Inc Employees Ret Builder Plan have not been published from its filing yet. The plan year 2025 filing reports $1M in employer contributions, about $1,787 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Culp Inc Employees Ret BLDR Plan 401(k) match vested?

The vesting schedule for the Culp Inc Employees Ret Builder Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Culp Inc Employees Ret BLDR Plan 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company. The plan administrator is Culp Inc Employees Ret Bldr Plan.

I left Culp Inc Employees Ret BLDR Plan. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Culp Inc Employees Ret Bldr Plan, (336) 889-5161) or the recordkeeper, Empower Annuity Insurance Company. The Culp Inc Employees Ret BLDR Plan old 401(k) page lists the contacts from every plan filing. Find an old Culp Inc Employees Ret BLDR Plan 401(k)

Data from the public Form 5500 annual reports Culp Inc Employees Ret BLDR Plan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Culp Inc Employees Ret BLDR Plan. Not financial advice. Report a correction · Methodology