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Original filing (PDF)20251015082139NAL0008636866001
AMERICAN CARPET SOUTH, INC.
Form 5500
FILING_RECEIVED
ACS 401(K) PLAN
401(k) retirement plan
Signals · 2
57% in single holdingNo recordkeeper disclosed
Active participants
127
Accounts w/ balance
175
Plan assets (EOY)
$9.5M
Net assets (EOY)
$9.5M
How this plan invests
This plan
1 pooled trust
Schedule D
7 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
75
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "2023 Level 1 - Mutual Funds" is 57% of plan.
- No recordkeeper disclosed on Schedule C.
Helping the score
- No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for AMERICAN CARPET SOUTH, INC..
Plan sponsor
Name
AMERICAN CARPET SOUTH, INC.
EIN
22-3286598
Address
347 BROADWAY · PASSAIC, NJ · 07055
Phone
(973) 330-0413
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2G · Total participant-directed accounts
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
SAX LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsOther
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CORNERSTONE WEALTH GROUP | 82-2502694 | — | SERVICE PROVIDER | $0 | — |
Investments
7 direct securities · 1 pooled fund· $22.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$13.4M
7 holdings
Pooled Separate Account
$9.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MAP CONTRACT VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY · EIN 71-0294708 / PN 000 | Pooled Separate Account | — | — | $9.0M | 95.6% | |
| 2023 Level 1 - Mutual Funds | — | — | $9.0M | $7.6M | 80.5% | |
| Vanguard Target Retirement 2040 | — | — | — | $2.3M | 24.6% | |
| Vanguard Target Retirement 2035 | — | — | — | $2.0M | 21.0% | |
| Vanguard Target Retirement 2045 | — | — | — | $1.1M | 11.6% | |
| December 31, 2024 and 2023 was $210,487 and $343,622, respectively | — | — | $210K | $344K | 3.6% | |
| $27,000 for the year ended December 31, 2024. | — | — | — | $27K | 0.3% | |
| Level 1 - Money Market Funds | — | — | — | $9K | <0.1% |