401(k) · DOL Form 5500 · 2024

Scott Group Custom Carpets, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
229
Participants Below avg headcount
65th
Percentile by assets National rank
$68,306
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scott Group Custom Carpets, LLC. 401(k) Plan · Sponsored by Scott Group Custom Carpets, Inc. · Michigan · Manufacturing

$16M in assets, 229 participants

Scott Group Custom Carpets, Inc.'s Scott Group Custom Carpets, LLC. 401(k) Plan reported $16M in total assets and 229 participants in its 2024 DOL Form 5500 filing, ranking in the 65th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,514 in Manufacturing (17,777 peers)

Coverage in Michigan

Scott Group Custom Carpets, LLC. 401(k) Plan covers 229 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $16M.

#9,514
in Manufacturing (17,777 peers)
+3.0%
assets growth YoY

Scott Group Custom Carpets, LLC. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Scott Group Custom Carpets, LLC. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$15,641,984 Top 35% higher than 65% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Scott Group Custom Carpets, LLC. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scott Group Custom Carpets, LLC. 401(k) Plan sits mid-pack in the medium band (229 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scott Group Custom Carpets, LLC. 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $460K in the plan year 2024 filing.
  • Scott Group Custom Carpets, LLC. 401(k) Plan reported participants rose from 220 in the plan year 2023 filing to 229 in the plan year 2024 filing.
  • Scott Group Custom Carpets, LLC. 401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 464230249 · Scott Group Custom Carpets, Inc. PY 2024 · 401(k)

Scott Group Custom Carpets, LLC. 401(k) Plan · $16M · 229 · 65th

  • TYPE $16M
  • NET 229
  • BOOK 65th
  • VS-ST 401(k)
  • BOY near Sizzling Steak Concepts 401(k) Plan
  • SCH ind #9514

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

Scott Group Custom Carpets, LLC. 401(k) Plan in the asset neighbourhood

Scott Group Custom Carpets, LLC. 401(k) PlanScott Group Custom Carpets, …$16MSizzling Steak Concepts 401(k) PlanSizzling Steak Concepts 401(…$16MSpectra Tech, Inc. 401(k) PlanSpectra Tech, Inc. 401(k) Pl…$16MNickles Bakery Employees' 401(k) PlanNickles Bakery Employees' 40…$16MEcr Software Corporation 401(k) Psp and TrustEcr Software Corporation 401…$16M
End-of-year total assets ($M) among Scott Group Custom Carpets, LLC. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$460K
Employer EIN464230249
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scott Group Custom Carpets, Inc.)

Sponsor-wide plan assets over time

All Scott Group Custom Carpets, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 23.849442882798655% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $12.6M $15.6M ▲ +23.8%
Year Plans Participants Total Assets
2022 1 174 $13M
2023 1 220 $15M
2024 1 229 $16M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Scott Group Custom Carpets, LLC. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Scott Group Custom Carpets, LLC. 401(k) Plan, Total assets ($B): 0.015641984 · Participants: 229Scott Group Custom Carpets, LLC. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Scott Group Custom Carpets, LLC. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Scott Group Custom Carpets, LLC. 401(k) Plan side-by-side with 3 peers →

Scott Group Custom Carpets, LLC. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Sizzling Steak Concepts 401(k) Plan in GA ($16M); by covered participants it is Hunter's Ambulance Savings & Retirement Plan in CT (229 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (229 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Scott Group Custom Carpets, LLC. 401(k) Plan assets move in 2024? ▼
Scott Group Custom Carpets, LLC. 401(k) Plan edged up modestly - up 3.0% during 2024, from $15M to $16M. Reported net income was $460K.
How have Scott Group Custom Carpets, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scott Group Custom Carpets, Inc.'s sponsor-wide assets grew 23.8%, from $13M to $16M.
Which 401(k) plans are similar in size to Scott Group Custom Carpets, LLC. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sizzling Steak Concepts 401(k) Plan in GA ($16M, 496 participants).
Which 401(k) plans cover a similar participant headcount to Scott Group Custom Carpets, LLC. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hunter's Ambulance Savings & Retirement Plan in CT (229 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464230249.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.