Wellsville Carpet Town 401(k) match, vesting and fees
What Wellsville Carpet Town's 401(k) plan says about matching contributions
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.
| Recordkeeper | Capital Research and Management Co | Schedule C ↗ |
| Independent auditor | Proto & Loskey, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Wellsville Carpet Town: employer contribution per participant | $1,480 | |
| Peer median | $1,216 |
| Wellsville Carpet Town: average balance | $34,237 | |
| Peer median | $50,590 |
| Wellsville Carpet Town: admin expenses ÷ assets | 0.52% | |
| Peer median | 0.43% |
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 $8.6M at the end of plan year 2021 to $11.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 398 | $11.7M | $505K | $1,480 | 0.52% | Not published | Form 5500 ↗ |
| 2023 | 387 | $9.8M | $470K | $1,409 | 0.53% | Not published | Form 5500 ↗ |
| 2022 | 381 | $7.5M | $470K | $1,443 | 0.55% | Not published | Form 5500 ↗ |
| 2021 | 377 | $8.6M | $455K | $1,492 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Wellsville Carpet Town match 401(k) contributions?
The match terms for the Wellsville Carpet Town, Inc. 401k Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $505K in employer contributions, about $1,480 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Wellsville Carpet Town 401(k) match vested?
The vesting schedule for the Wellsville Carpet Town, Inc. 401k Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Wellsville Carpet Town 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Capital Research and Management Co. The plan administrator is Wellsville Carpet Town, Inc..
I left Wellsville Carpet Town. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Wellsville Carpet Town, Inc., (716) 373-3300) or the recordkeeper, Capital Research and Management Co. The Wellsville Carpet Town old 401(k) page lists the contacts from every plan filing. Find an old Wellsville Carpet Town 401(k)
Data from the public Form 5500 annual reports Wellsville Carpet Town filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Wellsville Carpet Town. Not financial advice. Report a correction · Methodology