MERIT FLOORING, INC.
Plan context: The Carpet Shop Inc 401 K Profit Sharing Plan
EIN 58-0639319 • Augusta, GA • 26 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
38
2024 Assets
$2,661,225
2024 Contributions
$224,869
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 38 | $2,661,225 | $224,869 | $5,918iApproximate average salary by contribution assumption: employee only about $147,940 at 4% or $98,627 at 6%; with 50% employer match about $98,627 at 4% or $65,751 at 6%; with 100% employer match about $73,970 at 4% or $49,313 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 38 | $2,661,225 | $224,869 | $5,918iApproximate average salary by contribution assumption: employee only about $147,940 at 4% or $98,627 at 6%; with 50% employer match about $98,627 at 4% or $65,751 at 6%; with 100% employer match about $73,970 at 4% or $49,313 at 6%. |
| 2023 | 1 | 17 | $2,176,115 | $77,743 | $4,573iApproximate average salary by contribution assumption: employee only about $114,328 at 4% or $76,219 at 6%; with 50% employer match about $76,219 at 4% or $50,812 at 6%; with 100% employer match about $57,164 at 4% or $38,109 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 17 | $2,176,115 | $77,743 | $4,573iApproximate average salary by contribution assumption: employee only about $114,328 at 4% or $76,219 at 6%; with 50% employer match about $76,219 at 4% or $50,812 at 6%; with 100% employer match about $57,164 at 4% or $38,109 at 6%. |
| 2022 | 1 | 26 | $1,810,158 | $78,954 | $3,037iApproximate average salary by contribution assumption: employee only about $75,917 at 4% or $50,612 at 6%; with 50% employer match about $50,612 at 4% or $33,741 at 6%; with 100% employer match about $37,959 at 4% or $25,306 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 26 | $1,810,158 | $78,954 | $3,037iApproximate average salary by contribution assumption: employee only about $75,917 at 4% or $50,612 at 6%; with 50% employer match about $50,612 at 4% or $33,741 at 6%; with 100% employer match about $37,959 at 4% or $25,306 at 6%. |
| 2021 | 1 | 15 | $2,083,312 | $100,465 | $6,698iApproximate average salary by contribution assumption: employee only about $167,442 at 4% or $111,628 at 6%; with 50% employer match about $111,628 at 4% or $74,419 at 6%; with 100% employer match about $83,721 at 4% or $55,814 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 15 | $2,083,312 | $100,465 | $6,698iApproximate average salary by contribution assumption: employee only about $167,442 at 4% or $111,628 at 6%; with 50% employer match about $111,628 at 4% or $74,419 at 6%; with 100% employer match about $83,721 at 4% or $55,814 at 6%. |
| 2020 | 1 | 16 | $1,786,262 | $82,967 | $5,185iApproximate average salary by contribution assumption: employee only about $129,636 at 4% or $86,424 at 6%; with 50% employer match about $86,424 at 4% or $57,616 at 6%; with 100% employer match about $64,818 at 4% or $43,212 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 16 | $1,786,262 | $82,967 | $5,185iApproximate average salary by contribution assumption: employee only about $129,636 at 4% or $86,424 at 6%; with 50% employer match about $86,424 at 4% or $57,616 at 6%; with 100% employer match about $64,818 at 4% or $43,212 at 6%. |
| 2019 | 1 | 20 | $1,985,552 | $88,068 | $4,403iApproximate average salary by contribution assumption: employee only about $110,085 at 4% or $73,390 at 6%; with 50% employer match about $73,390 at 4% or $48,927 at 6%; with 100% employer match about $55,042 at 4% or $36,695 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 20 | $1,985,552 | $88,068 | $4,403iApproximate average salary by contribution assumption: employee only about $110,085 at 4% or $73,390 at 6%; with 50% employer match about $73,390 at 4% or $48,927 at 6%; with 100% employer match about $55,042 at 4% or $36,695 at 6%. |
| 2018 | 1 | 19 | $1,592,523 | $67,817 | $3,569iApproximate average salary by contribution assumption: employee only about $89,233 at 4% or $59,489 at 6%; with 50% employer match about $59,489 at 4% or $39,659 at 6%; with 100% employer match about $44,616 at 4% or $29,744 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 19 | $1,592,523 | $67,817 | $3,569iApproximate average salary by contribution assumption: employee only about $89,233 at 4% or $59,489 at 6%; with 50% employer match about $59,489 at 4% or $39,659 at 6%; with 100% employer match about $44,616 at 4% or $29,744 at 6%. |
| 2017 | 1 | 18 | $1,671,099 | $51,100 | $2,839iApproximate average salary by contribution assumption: employee only about $70,972 at 4% or $47,315 at 6%; with 50% employer match about $47,315 at 4% or $31,543 at 6%; with 100% employer match about $35,486 at 4% or $23,657 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 18 | $1,671,099 | $51,100 | $2,839iApproximate average salary by contribution assumption: employee only about $70,972 at 4% or $47,315 at 6%; with 50% employer match about $47,315 at 4% or $31,543 at 6%; with 100% employer match about $35,486 at 4% or $23,657 at 6%. |
| 2016 | 1 | 19 | $2,433,392 | $39,058 | $2,056iApproximate average salary by contribution assumption: employee only about $51,392 at 4% or $34,261 at 6%; with 50% employer match about $34,261 at 4% or $22,841 at 6%; with 100% employer match about $25,696 at 4% or $17,131 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 19 | $2,433,392 | $39,058 | $2,056iApproximate average salary by contribution assumption: employee only about $51,392 at 4% or $34,261 at 6%; with 50% employer match about $34,261 at 4% or $22,841 at 6%; with 100% employer match about $25,696 at 4% or $17,131 at 6%. |
| 2015 | 1 | 19 | $2,290,744 | $39,942 | $2,102iApproximate average salary by contribution assumption: employee only about $52,555 at 4% or $35,037 at 6%; with 50% employer match about $35,037 at 4% or $23,358 at 6%; with 100% employer match about $26,278 at 4% or $17,518 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 19 | $2,290,744 | $39,942 | $2,102iApproximate average salary by contribution assumption: employee only about $52,555 at 4% or $35,037 at 6%; with 50% employer match about $35,037 at 4% or $23,358 at 6%; with 100% employer match about $26,278 at 4% or $17,518 at 6%. |
| 2014 | 1 | 27 | $2,609,519 | $41,263 | $1,528iApproximate average salary by contribution assumption: employee only about $38,206 at 4% or $25,471 at 6%; with 50% employer match about $25,471 at 4% or $16,981 at 6%; with 100% employer match about $19,103 at 4% or $12,735 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 27 | $2,609,519 | $41,263 | $1,528iApproximate average salary by contribution assumption: employee only about $38,206 at 4% or $25,471 at 6%; with 50% employer match about $25,471 at 4% or $16,981 at 6%; with 100% employer match about $19,103 at 4% or $12,735 at 6%. |
| 2013 | 1 | 28 | $3,221,814 | $39,947 | $1,427iApproximate average salary by contribution assumption: employee only about $35,667 at 4% or $23,778 at 6%; with 50% employer match about $23,778 at 4% or $15,852 at 6%; with 100% employer match about $17,833 at 4% or $11,889 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 28 | $3,221,814 | $39,947 | $1,427iApproximate average salary by contribution assumption: employee only about $35,667 at 4% or $23,778 at 6%; with 50% employer match about $23,778 at 4% or $15,852 at 6%; with 100% employer match about $17,833 at 4% or $11,889 at 6%. |
| 2012 | 1 | 36 | $3,144,661 | $38,765 | $1,077iApproximate average salary by contribution assumption: employee only about $26,920 at 4% or $17,947 at 6%; with 50% employer match about $17,947 at 4% or $11,965 at 6%; with 100% employer match about $13,460 at 4% or $8,973 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 36 | $3,144,661 | $38,765 | $1,077iApproximate average salary by contribution assumption: employee only about $26,920 at 4% or $17,947 at 6%; with 50% employer match about $17,947 at 4% or $11,965 at 6%; with 100% employer match about $13,460 at 4% or $8,973 at 6%. |
| 2011 | 1 | 36 | $2,971,377 | $56,036 | $1,557iApproximate average salary by contribution assumption: employee only about $38,914 at 4% or $25,943 at 6%; with 50% employer match about $25,943 at 4% or $17,295 at 6%; with 100% employer match about $19,457 at 4% or $12,971 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 36 | $2,971,377 | $56,036 | $1,557iApproximate average salary by contribution assumption: employee only about $38,914 at 4% or $25,943 at 6%; with 50% employer match about $25,943 at 4% or $17,295 at 6%; with 100% employer match about $19,457 at 4% or $12,971 at 6%. |
| 2010 | 1 | 39 | $3,020,798 | $80,024 | $2,052iApproximate average salary by contribution assumption: employee only about $51,297 at 4% or $34,198 at 6%; with 50% employer match about $34,198 at 4% or $22,799 at 6%; with 100% employer match about $25,649 at 4% or $17,099 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 39 | $3,020,798 | $80,024 | $2,052iApproximate average salary by contribution assumption: employee only about $51,297 at 4% or $34,198 at 6%; with 50% employer match about $34,198 at 4% or $22,799 at 6%; with 100% employer match about $25,649 at 4% or $17,099 at 6%. |
| 2009 | 1 | 39 | $3,115,034 | $97,231 | $2,493iApproximate average salary by contribution assumption: employee only about $62,328 at 4% or $41,552 at 6%; with 50% employer match about $41,552 at 4% or $27,701 at 6%; with 100% employer match about $31,164 at 4% or $20,776 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 39 | $3,115,034 | $97,231 | $2,493iApproximate average salary by contribution assumption: employee only about $62,328 at 4% or $41,552 at 6%; with 50% employer match about $41,552 at 4% or $27,701 at 6%; with 100% employer match about $31,164 at 4% or $20,776 at 6%. |
| 2008 | 1 | 38 | $2,788,133 | $127,907 | $3,366iApproximate average salary by contribution assumption: employee only about $84,149 at 4% or $56,100 at 6%; with 50% employer match about $56,100 at 4% or $37,400 at 6%; with 100% employer match about $42,075 at 4% or $28,050 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 38 | $2,788,133 | $127,907 | $3,366iApproximate average salary by contribution assumption: employee only about $84,149 at 4% or $56,100 at 6%; with 50% employer match about $56,100 at 4% or $37,400 at 6%; with 100% employer match about $42,075 at 4% or $28,050 at 6%. |
| 2007 | 1 | 34 | $3,459,334 | $171,340 | $5,039iApproximate average salary by contribution assumption: employee only about $125,985 at 4% or $83,990 at 6%; with 50% employer match about $83,990 at 4% or $55,993 at 6%; with 100% employer match about $62,993 at 4% or $41,995 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 34 | $3,459,334 | $171,340 | $5,039iApproximate average salary by contribution assumption: employee only about $125,985 at 4% or $83,990 at 6%; with 50% employer match about $83,990 at 4% or $55,993 at 6%; with 100% employer match about $62,993 at 4% or $41,995 at 6%. |
| 2006 | 1 | 26 | $3,198,146 | $256,240 | $9,855iApproximate average salary by contribution assumption: employee only about $246,385 at 4% or $164,256 at 6%; with 50% employer match about $164,256 at 4% or $109,504 at 6%; with 100% employer match about $123,192 at 4% or $82,128 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 26 | $3,198,146 | $256,240 | $9,855iApproximate average salary by contribution assumption: employee only about $246,385 at 4% or $164,256 at 6%; with 50% employer match about $164,256 at 4% or $109,504 at 6%; with 100% employer match about $123,192 at 4% or $82,128 at 6%. |
| 2005 | 1 | 28 | $2,659,055 | $177,530 | $6,340iApproximate average salary by contribution assumption: employee only about $158,509 at 4% or $105,673 at 6%; with 50% employer match about $105,673 at 4% or $70,448 at 6%; with 100% employer match about $79,254 at 4% or $52,836 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 28 | $2,659,055 | $177,530 | $6,340iApproximate average salary by contribution assumption: employee only about $158,509 at 4% or $105,673 at 6%; with 50% employer match about $105,673 at 4% or $70,448 at 6%; with 100% employer match about $79,254 at 4% or $52,836 at 6%. |
| 2004 | 1 | 28 | $2,567,792 | $169,468 | $6,052iApproximate average salary by contribution assumption: employee only about $151,311 at 4% or $100,874 at 6%; with 50% employer match about $100,874 at 4% or $67,249 at 6%; with 100% employer match about $75,655 at 4% or $50,437 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 28 | $2,567,792 | $169,468 | $6,052iApproximate average salary by contribution assumption: employee only about $151,311 at 4% or $100,874 at 6%; with 50% employer match about $100,874 at 4% or $67,249 at 6%; with 100% employer match about $75,655 at 4% or $50,437 at 6%. |
| 2003 | 1 | 30 | $2,209,252 | $178,939 | $5,965iApproximate average salary by contribution assumption: employee only about $149,116 at 4% or $99,411 at 6%; with 50% employer match about $99,411 at 4% or $66,274 at 6%; with 100% employer match about $74,558 at 4% or $49,705 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 30 | $2,209,252 | $178,939 | $5,965iApproximate average salary by contribution assumption: employee only about $149,116 at 4% or $99,411 at 6%; with 50% employer match about $99,411 at 4% or $66,274 at 6%; with 100% employer match about $74,558 at 4% or $49,705 at 6%. |
| 2002 | 1 | 35 | $1,664,562 | $223,432 | $6,384iApproximate average salary by contribution assumption: employee only about $159,594 at 4% or $106,396 at 6%; with 50% employer match about $106,396 at 4% or $70,931 at 6%; with 100% employer match about $79,797 at 4% or $53,198 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 35 | $1,664,562 | $223,432 | $6,384iApproximate average salary by contribution assumption: employee only about $159,594 at 4% or $106,396 at 6%; with 50% employer match about $106,396 at 4% or $70,931 at 6%; with 100% employer match about $79,797 at 4% or $53,198 at 6%. |
| 2001 | 1 | 31 | $1,828,194 | $152,124 | $4,907iApproximate average salary by contribution assumption: employee only about $122,681 at 4% or $81,787 at 6%; with 50% employer match about $81,787 at 4% or $54,525 at 6%; with 100% employer match about $61,340 at 4% or $40,894 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 31 | $1,828,194 | $152,124 | $4,907iApproximate average salary by contribution assumption: employee only about $122,681 at 4% or $81,787 at 6%; with 50% employer match about $81,787 at 4% or $54,525 at 6%; with 100% employer match about $61,340 at 4% or $40,894 at 6%. |
| 2000 | 1 | 30 | $2,050,598 | $140,256 | $4,675iApproximate average salary by contribution assumption: employee only about $116,880 at 4% or $77,920 at 6%; with 50% employer match about $77,920 at 4% or $51,947 at 6%; with 100% employer match about $58,440 at 4% or $38,960 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 30 | $2,050,598 | $140,256 | $4,675iApproximate average salary by contribution assumption: employee only about $116,880 at 4% or $77,920 at 6%; with 50% employer match about $77,920 at 4% or $51,947 at 6%; with 100% employer match about $58,440 at 4% or $38,960 at 6%. |
| 1999 | 1 | 32 | $2,666,387 | $253,544 | $7,923iApproximate average salary by contribution assumption: employee only about $198,081 at 4% or $132,054 at 6%; with 50% employer match about $132,054 at 4% or $88,036 at 6%; with 100% employer match about $99,041 at 4% or $66,027 at 6%. |
| The Carpet Shop Inc 401 K Profit Sharing Plan | - | 32 | $2,666,387 | $253,544 | $7,923iApproximate average salary by contribution assumption: employee only about $198,081 at 4% or $132,054 at 6%; with 50% employer match about $132,054 at 4% or $88,036 at 6%; with 100% employer match about $99,041 at 4% or $66,027 at 6%. |