Fidelity bond in place
No
Filing
Bb Carpet One Profit Sharing Plan Trust
Bb Carpet One Inc. • EIN 41-0983473 • Plan year 2008
Filing Insights
Participants
Down20 → 12
-8 • -40.00%
Assets
Down$1,273,877 → $554,823
-$719,054 • -56.45%
Investment Management Fee
-
Admin expenses - • Total expenses $761,855
Filing Details
Context- Net investment result
- $-726,250
Status Flags
Limited-scope audit performed
Not reported
Contributions transmitted on time
Not reported
Participant loans in default
No
Leases in default
No
Reportable party-in-interest issues
Not reported
Loss discovered during year
No
Assets with undetermined value
No
Non-cash contributions
No
Assets held for investment
Not reported
5% transactions reported
Not reported
All plan assets distributed
No
Benefits paid when due
Not reported
Plan blackout period
Not reported
Plan termination resolution adopted
No
Counterparties
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 11 | $1,258,075 | $14,290 | $1,299iApproximate average salary by contribution assumption: employee only about $32,477 at 4% or $21,652 at 6%; with 50% employer match about $21,652 at 4% or $14,434 at 6%; with 100% employer match about $16,239 at 4% or $10,826 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 11 | $1,258,075 | $14,290 | $1,299iApproximate average salary by contribution assumption: employee only about $32,477 at 4% or $21,652 at 6%; with 50% employer match about $21,652 at 4% or $14,434 at 6%; with 100% employer match about $16,239 at 4% or $10,826 at 6%. |
| 2023 | 1 | 14 | $1,387,805 | $119,685 | $8,549iApproximate average salary by contribution assumption: employee only about $213,723 at 4% or $142,482 at 6%; with 50% employer match about $142,482 at 4% or $94,988 at 6%; with 100% employer match about $106,862 at 4% or $71,241 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 14 | $1,387,805 | $119,685 | $8,549iApproximate average salary by contribution assumption: employee only about $213,723 at 4% or $142,482 at 6%; with 50% employer match about $142,482 at 4% or $94,988 at 6%; with 100% employer match about $106,862 at 4% or $71,241 at 6%. |
| 2022 | 1 | 14 | $1,144,122 | $231,327 | $16,523iApproximate average salary by contribution assumption: employee only about $413,084 at 4% or $275,389 at 6%; with 50% employer match about $275,389 at 4% or $183,593 at 6%; with 100% employer match about $206,542 at 4% or $137,695 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 14 | $1,144,122 | $231,327 | $16,523iApproximate average salary by contribution assumption: employee only about $413,084 at 4% or $275,389 at 6%; with 50% employer match about $275,389 at 4% or $183,593 at 6%; with 100% employer match about $206,542 at 4% or $137,695 at 6%. |
| 2021 | 1 | 16 | $1,379,196 | $190,401 | $11,900iApproximate average salary by contribution assumption: employee only about $297,502 at 4% or $198,334 at 6%; with 50% employer match about $198,334 at 4% or $132,223 at 6%; with 100% employer match about $148,751 at 4% or $99,167 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 16 | $1,379,196 | $190,401 | $11,900iApproximate average salary by contribution assumption: employee only about $297,502 at 4% or $198,334 at 6%; with 50% employer match about $198,334 at 4% or $132,223 at 6%; with 100% employer match about $148,751 at 4% or $99,167 at 6%. |
| 2020 | 1 | 15 | $1,157,100 | $5,587 | $372iApproximate average salary by contribution assumption: employee only about $9,312 at 4% or $6,208 at 6%; with 50% employer match about $6,208 at 4% or $4,139 at 6%; with 100% employer match about $4,656 at 4% or $3,104 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 15 | $1,157,100 | $5,587 | $372iApproximate average salary by contribution assumption: employee only about $9,312 at 4% or $6,208 at 6%; with 50% employer match about $6,208 at 4% or $4,139 at 6%; with 100% employer match about $4,656 at 4% or $3,104 at 6%. |
| 2019 | 1 | 17 | $968,000 | $50,000 | $2,941iApproximate average salary by contribution assumption: employee only about $73,529 at 4% or $49,020 at 6%; with 50% employer match about $49,020 at 4% or $32,680 at 6%; with 100% employer match about $36,765 at 4% or $24,510 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 17 | $968,000 | $50,000 | $2,941iApproximate average salary by contribution assumption: employee only about $73,529 at 4% or $49,020 at 6%; with 50% employer match about $49,020 at 4% or $32,680 at 6%; with 100% employer match about $36,765 at 4% or $24,510 at 6%. |
| 2018 | 1 | 12 | $968,368 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $968,368 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 2017 | 1 | 12 | $875,077 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $875,077 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 2016 | 1 | 12 | $799,594 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $799,594 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 2015 | 1 | 13 | $1,035,110 | $25,000 | $1,923iApproximate average salary by contribution assumption: employee only about $48,077 at 4% or $32,051 at 6%; with 50% employer match about $32,051 at 4% or $21,368 at 6%; with 100% employer match about $24,038 at 4% or $16,026 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 13 | $1,035,110 | $25,000 | $1,923iApproximate average salary by contribution assumption: employee only about $48,077 at 4% or $32,051 at 6%; with 50% employer match about $32,051 at 4% or $21,368 at 6%; with 100% employer match about $24,038 at 4% or $16,026 at 6%. |
| 2014 | 1 | 13 | $1,041,043 | $25,000 | $1,923iApproximate average salary by contribution assumption: employee only about $48,077 at 4% or $32,051 at 6%; with 50% employer match about $32,051 at 4% or $21,368 at 6%; with 100% employer match about $24,038 at 4% or $16,026 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 13 | $1,041,043 | $25,000 | $1,923iApproximate average salary by contribution assumption: employee only about $48,077 at 4% or $32,051 at 6%; with 50% employer match about $32,051 at 4% or $21,368 at 6%; with 100% employer match about $24,038 at 4% or $16,026 at 6%. |
| 2013 | 1 | 8 | $967,405 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 8 | $967,405 | - | - |
| 2012 | 1 | 8 | $877,751 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 8 | $877,751 | - | - |
| 2011 | 1 | 8 | $811,500 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 8 | $811,500 | - | - |
| 2010 | 1 | 14 | $828,849 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 14 | $828,849 | - | - |
| 2009 | 1 | 12 | $733,815 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $733,815 | - | - |
| 2008 | 1 | 12 | $554,823 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | Current | 12 | $554,823 | - | - |
| 2007 | 1 | 15 | $0 | $0 | - |
| Bb Carpet One Profit Sharing Plan Trust | - | 15 | - | - | - |
| 2006 | 1 | 19 | $1,393,548 | $100,000 | $5,263iApproximate average salary by contribution assumption: employee only about $131,579 at 4% or $87,719 at 6%; with 50% employer match about $87,719 at 4% or $58,480 at 6%; with 100% employer match about $65,789 at 4% or $43,860 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 19 | $1,393,548 | $100,000 | $5,263iApproximate average salary by contribution assumption: employee only about $131,579 at 4% or $87,719 at 6%; with 50% employer match about $87,719 at 4% or $58,480 at 6%; with 100% employer match about $65,789 at 4% or $43,860 at 6%. |
| 2005 | 1 | 21 | $1,189,719 | $100,000 | $4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 21 | $1,189,719 | $100,000 | $4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%. |
| 2004 | 1 | 21 | $989,276 | $100,000 | $4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 21 | $989,276 | $100,000 | $4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%. |
| 2003 | 1 | 18 | $873,016 | $75,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 18 | $873,016 | $75,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 2002 | 1 | 18 | $627,435 | $50,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 18 | $627,435 | $50,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| 2001 | 1 | 14 | $811,251 | $20,000 | $1,429iApproximate average salary by contribution assumption: employee only about $35,714 at 4% or $23,810 at 6%; with 50% employer match about $23,810 at 4% or $15,873 at 6%; with 100% employer match about $17,857 at 4% or $11,905 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 14 | $811,251 | $20,000 | $1,429iApproximate average salary by contribution assumption: employee only about $35,714 at 4% or $23,810 at 6%; with 50% employer match about $23,810 at 4% or $15,873 at 6%; with 100% employer match about $17,857 at 4% or $11,905 at 6%. |
| 2000 | 1 | 12 | $809,584 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $809,584 | $50,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 1999 | 1 | 12 | $934,090 | $71,200 | $5,933iApproximate average salary by contribution assumption: employee only about $148,333 at 4% or $98,889 at 6%; with 50% employer match about $98,889 at 4% or $65,926 at 6%; with 100% employer match about $74,167 at 4% or $49,444 at 6%. |
| Bb Carpet One Profit Sharing Plan Trust | - | 12 | $934,090 | $71,200 | $5,933iApproximate average salary by contribution assumption: employee only about $148,333 at 4% or $98,889 at 6%; with 50% employer match about $98,889 at 4% or $65,926 at 6%; with 100% employer match about $74,167 at 4% or $49,444 at 6%. |
Schedule Details
Schedule I
Schedule I Financial Statement
Small plan result
Balance sheet and activity values reported by the filer for this small-plan annual return.
End-of-year assets$554,823-$719,054 change
Balance Sheet
Beginning and end of plan year.
Total assets$1,273,877$554,823Decrease -$719,054 (-56.45%)
Total liabilities$0$7,196Increase +$7,196
Net assets$1,273,877$547,627Decrease -$726,250 (-57.01%)
Contributions
Employer contributions$0
Participant contributions$0
Other contributions$0
Income & Expenses
Total income$35,605
Total expenses$761,855
Net income$-726,250
Source fields
- Schedule I source fields
- Filing Id
- 84037308176049
- Schedule I EIN
- 41-0983473
- Schedule I Plan Num
- 001
- Schedule I Plan Year Begin Date
- 2008-04-01
- Schedule I Tax Period
- 20090331
- Small plan total assets at beginning of year
- $1,273,877
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $1,273,877
- Small plan total assets at end of year
- $554,823
- Small plan total liabilities at end of year
- $7,196
- Small plan net assets at end of year
- $547,627
- Small plan employer contributions
- $0
- Small plan participant contributions
- $0
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $35,605
- Small plan total income
- $35,605
- Small plan total benefit distributions
- $449,608
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $312,247
- Small plan total expenses
- $761,855
- Small plan net income or loss
- $-726,250
- Small Total Plan Transfers Amount
- $0
- Small Joint Venture End of year Indicator
- No
- Small Joint Venture End of year Amount
- $0
- Small Employer Prop End of year Indicator
- No
- Small Employer Prop End of year Amount
- $0
- Small Investment Real Est End of year I
- 2
- Small Investment Real Est End of year A
- 0
- Small Employer Sec End of year Indicator
- No
- Small Employer Sec End of year Amount
- $0
- Small Mortg Participants End of year Indicator
- No
- Small Mortg Participants End of year Amount
- $0
- Small Oth Lns Participants End of year Indicator
- No
- Small Oth Lns Participants End of year Amount
- $0
- Small Personal Prop End of year Indicator
- No
- Small Personal Prop End of year Amount
- $0
- Small Fail Xmt Ctb I
- 2
- Small Fail Xmt Ctb A
- 0
- Small plan participant loans in default
- No
- Small Loans In Default Amount
- $0
- Small plan leases in default
- No
- Small Leases In Default Amount
- $0
- Small Pt In Interest Not Reported I
- 2
- Small Pt In Interest Not Reported A
- 0
- Small plan fidelity bond in place
- No
- Small plan fidelity bond amount
- $0
- Small plan loss discovered during year
- No
- Small Loss Discovered Dur Year Amount
- $0
- Small plan assets with undetermined value
- No
- Small Asset Undeterm Valuation Amount
- $0
- Small plan non-cash contributions reported
- No
- Small Non Cash Contribution Amount
- $0
- Small 20 Percent Sngl Investment Indicator
- No
- Small 20 Percent Sngl Investment Amount
- $0
- Small plan all plan assets distributed
- No
- Waiver Annual Iqpa Report
- 1
- Small plan resolution to terminate plan adopted
- No
- Small Res Terminate Plan Adpt Amount
- $0