401(k) · DOL Form 5500 · 2024

Culp Construction Company 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
16
Participants Small participant base
27th
Percentile by assets National rank
$101,073
Avg per participant Below avg balance/head
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Official DOL plan name: Culp Construction Company 401(k) Profit Sharing Plan · Sponsored by Culp Construction Company · Utah · Construction

$2M in assets, 16 participants

Culp Construction Company's Culp Construction Company 401(k) Profit Sharing Plan reported $2M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,344 in Construction (9,039 peers)

Culp Construction Company multi-year trail

Culp Construction Company's plans moved -33.0% in assets from 2022 to 2024; this filing shows Culp Construction Company 401(k) Profit Sharing Plan at $2M / 16 participants.

#2,344
in Construction (9,039 peers)
-46.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Culp Construction Company 401(k) Profit Sharing Plan among the smaller filed plans by assets

Culp Construction Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,617,163 27th percentile higher than 27% 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

Culp Construction Company 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Culp Construction Company 401(k) Profit Sharing Plan is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Culp Construction Company 401(k) Profit Sharing Plan reported net income fell from $587K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Culp Construction Company 401(k) Profit Sharing Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Culp Construction Company 401(k) Profit Sharing Plan reported participants fell from 18 in the plan year 2023 filing to 16 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 870209513 · Culp Construction Company PY 2024 · 401(k)

Culp Construction Company 401(k) Profit Sharing Plan · $2M · 16 · 27th

  • EIN $2M
  • RANK 16
  • PHOTO 27th
  • IND 401(k)
  • EOY near Engelhart, Inc. Profit Sharing Plan
  • 5500 ind #2344

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 Construction retirement plans → · Plans in Utah →

Culp Construction Company 401(k) Profit Sharing Plan in the asset neighbourhood

Culp Construction Company 401(k) Profit Sharing PlanCulp Construction Company 40…$2MEngelhart, Inc. Profit Sharing PlanEngelhart, Inc. Profit Shari…$2MValu Merchandisers Company Restated 41(K) PlanValu Merchandisers Company R…$2MGibsons Restaurant Group 401(k) PlanGibsons Restaurant Group 401…$2MJomar Bulk Carriers, Inc. 401(k) PlanJomar Bulk Carriers, Inc. 40…$2M
End-of-year total assets ($M) among Culp Construction Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Culp Construction Company multi-year asset trail

Sponsor-wide plan assets over time

All Culp Construction Company plans reported in each filing year

Latest sponsor-wide plan assets
$2M 32.99569384314452% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M$3M$3.5M 202220232024 $2.41M $1.62M ▼ -32.8%
Year Plans Participants Total Assets
2022 1 19 $2M
2023 1 18 $3M
2024 1 16 $2M

Culp Construction Company filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$1M
Employer EIN870209513
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Culp Construction Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Culp Construction Company 401(k) Profit Sharing Plan, Total assets ($B): 0.001617163 · Participants: 16Culp Construction Company 401(k) Profit Sharing PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Culp Construction Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Culp Construction Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Engelhart, Inc. Profit Sharing Plan in WI ($2M); by covered participants it is I. Schumann & Co. LLC 401(k) Profit Sharing Plan & Trust in OH (16 participants). Same-state nearby plans are listed separately above.

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 Culp Construction Company 401(k) Profit Sharing Plan assets move in 2024?
Culp Construction Company 401(k) Profit Sharing Plan contracted severely - down 46.1% during 2024, from $3M to $2M. Reported net income was -$1M.
How have Culp Construction Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Culp Construction Company's sponsor-wide assets declined 33.0%, from $2M to $2M.
Which 401(k) plans are similar in size to Culp Construction Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Engelhart, Inc. Profit Sharing Plan in WI ($2M, 38 participants).
Which 401(k) plans cover a similar participant headcount to Culp Construction Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is I. Schumann & Co. LLC 401(k) Profit Sharing Plan & Trust in OH (16 participants, $4M in assets).