401k Plan data: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

CARPETLAND USA MILWAUKEE, INC. has sponsored the creation of one or more 401k plans.

Company Name: CARPETLAND USA MILWAUKEE, INC.

Employer identification number (EIN): 391998347

NAIC Classification: 442210
NAIC Description: Floor Covering Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01
002 2021-01-01

Plan Statistics for CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 90
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 77
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 7
Total of all active and inactive participants 2023-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 84
Number of participants with account balances 2023-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 7
2022: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 91
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 5
Total of all active and inactive participants 2022-01-01 96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 97
Number of participants with account balances 2022-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 5
2021: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 82
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 82
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 82
Number of participants with account balances 2021-01-01 73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2023: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	90
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	77
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	7
Total of all active and inactive participants	2023-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	84
Number of participants with account balances	2023-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	7
2022: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	91
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	5
Total of all active and inactive participants	2022-01-01	96
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	97
Number of participants with account balances	2022-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	5
2021: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	82
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	82
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	82
Number of participants with account balances	2021-01-01	73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$20,825,121
Total plan liabilities at beginning of year	2023-12-31	$21,425,487
Total income from all sources	2023-12-31	$4,220,429
Expenses. Total of all expenses incurred	2023-12-31	$380,063
Benefits paid (including direct rollovers)	2023-12-31	$6,703
Total plan assets at end of year	2023-12-31	$10,850,500
Total plan assets at beginning of year	2023-12-31	$7,610,500
Value of fidelity bond covering the plan	2023-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2023-12-31	$373,360
Other income received	2023-12-31	$3,240,000
Net income (gross income less expenses)	2023-12-31	$3,840,366
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$-9,974,621
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$-13,814,987
Assets. Value of employer securities	2023-12-31	$10,850,000
Total contributions received or receivable from employer(s)	2023-12-31	$980,429
2022 : CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$21,425,487
Total plan liabilities at beginning of year	2022-12-31	$22,567,124
Total income from all sources	2022-12-31	$4,653,161
Expenses. Total of all expenses incurred	2022-12-31	$383,503
Benefits paid (including direct rollovers)	2022-12-31	$0
Total plan assets at end of year	2022-12-31	$7,610,500
Total plan assets at beginning of year	2022-12-31	$4,482,479
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$383,503
Other income received	2022-12-31	$3,680,000
Net income (gross income less expenses)	2022-12-31	$4,269,658
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$-13,814,987
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$-18,084,645
Assets. Value of employer securities	2022-12-31	$7,610,000
Total contributions received or receivable from employer(s)	2022-12-31	$973,161
2021 : CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$22,567,124
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$-17,986,205
Expenses. Total of all expenses incurred	2021-12-31	$98,440
Total plan assets at end of year	2021-12-31	$4,482,479
Total plan assets at beginning of year	2021-12-31	$0
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$98,440
Other income received	2021-12-31	$-19,535,725
Net income (gross income less expenses)	2021-12-31	$-18,084,645
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$-18,084,645
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$3,930,000
Total contributions received or receivable from employer(s)	2021-12-31	$1,549,520
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0

Form 5500 Responses for CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2023: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CARPETLAND USA MILWAUKEE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	First time form 5500 has been submitted	Yes
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CARPETLAND USA MILWAUKEE, INC.
Employer identification number (EIN):	391998347
NAIC Classification:	442210
NAIC Description:	Floor Covering Stores