How big is Innovative Carpets Inc.'s plan?

Innovative Carpets Inc.'s plan reported $4.1M in assets and 8 participants for 2024.

Original filing (PDF)20250911160224NAL0000321091001

Innovative Carpets Inc.

Name: Innovative Carpets Inc. — Innovative Carpets Inc., Form 5500 (2024)
Creator: Innovative Carpets Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Innovative Carpets Inc. 401(k) Profit Sharing Plan and Trust

401(k) retirement plan · Innovative Carpets Inc.'s Innovative Carpets Inc. 401(k) Profit Sharing Plan and Trust held $4.1M in plan assets for 8 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$4.1M

Net assets (EOY)

$4.1M

Plan identifiers

Innovative Carpets Inc.'s EIN is 23-3084588.

EIN 23-3084588

Plan number 001

Plan year 2024

ACK ID 20250911160224NAL0000321091001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Innovative Carpets Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Innovative Carpets Inc.'s plan includes profit-sharing, a 401(k) feature, a self-directed brokerage window, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (87th percentile).

Plan sponsor

Name

INNOVATIVE CARPETS INC

EIN

all filings

Address

22 PARIS AVENUE, SUITE 107 · ROCKLEIGH, NJ · 07647

Phone

(201) 894-1008

Industry

Professional & Technical Services

Plan administrator