Fidelity bond in place
Yes
Filing2320 South Main StreetSalt Lake City, UT 84115
Culp Construction Company 401(K) Profit Sharing Plan
Culp Construction Company • EIN 87-0209513 • Salt Lake City, UT • Plan year 1999
Filing Insights
Participants
Down17 → 15
-2 • -11.76%
Assets
Up$759,108 → $917,224
$158,116 • 20.83%
Investment Management Fee
-
Admin expenses - • Total expenses $22,794
Filing Details
Context- Net investment result
- $158,116
- Pension payor EIN
- 87-0466730
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 0 | $0 | $2,821 | - |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 0 | $0 | $2,821 | - |
| 2024 | 1 | 7 | $1,617,163 | $118,510 | $16,930iApproximate average salary by contribution assumption: employee only about $423,250 at 4% or $282,167 at 6%; with 50% employer match about $282,167 at 4% or $188,111 at 6%; with 100% employer match about $211,625 at 4% or $141,083 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 7 | $1,617,163 | $118,510 | $16,930iApproximate average salary by contribution assumption: employee only about $423,250 at 4% or $282,167 at 6%; with 50% employer match about $282,167 at 4% or $188,111 at 6%; with 100% employer match about $211,625 at 4% or $141,083 at 6%. |
| 2023 | 1 | 15 | $3,000,159 | $171,642 | $11,443iApproximate average salary by contribution assumption: employee only about $286,070 at 4% or $190,713 at 6%; with 50% employer match about $190,713 at 4% or $127,142 at 6%; with 100% employer match about $143,035 at 4% or $95,357 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 15 | $3,000,159 | $171,642 | $11,443iApproximate average salary by contribution assumption: employee only about $286,070 at 4% or $190,713 at 6%; with 50% employer match about $190,713 at 4% or $127,142 at 6%; with 100% employer match about $143,035 at 4% or $95,357 at 6%. |
| 2022 | 1 | 17 | $2,413,521 | $155,376 | $9,140iApproximate average salary by contribution assumption: employee only about $228,494 at 4% or $152,329 at 6%; with 50% employer match about $152,329 at 4% or $101,553 at 6%; with 100% employer match about $114,247 at 4% or $76,165 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $2,413,521 | $155,376 | $9,140iApproximate average salary by contribution assumption: employee only about $228,494 at 4% or $152,329 at 6%; with 50% employer match about $152,329 at 4% or $101,553 at 6%; with 100% employer match about $114,247 at 4% or $76,165 at 6%. |
| 2021 | 1 | 19 | $2,863,345 | $157,136 | $8,270iApproximate average salary by contribution assumption: employee only about $206,758 at 4% or $137,839 at 6%; with 50% employer match about $137,839 at 4% or $91,892 at 6%; with 100% employer match about $103,379 at 4% or $68,919 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 19 | $2,863,345 | $157,136 | $8,270iApproximate average salary by contribution assumption: employee only about $206,758 at 4% or $137,839 at 6%; with 50% employer match about $137,839 at 4% or $91,892 at 6%; with 100% employer match about $103,379 at 4% or $68,919 at 6%. |
| 2020 | 1 | 22 | $2,378,020 | $170,284 | $7,740iApproximate average salary by contribution assumption: employee only about $193,505 at 4% or $129,003 at 6%; with 50% employer match about $129,003 at 4% or $86,002 at 6%; with 100% employer match about $96,752 at 4% or $64,502 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 22 | $2,378,020 | $170,284 | $7,740iApproximate average salary by contribution assumption: employee only about $193,505 at 4% or $129,003 at 6%; with 50% employer match about $129,003 at 4% or $86,002 at 6%; with 100% employer match about $96,752 at 4% or $64,502 at 6%. |
| 2019 | 1 | 18 | $2,884,999 | $130,941 | $7,275iApproximate average salary by contribution assumption: employee only about $181,863 at 4% or $121,242 at 6%; with 50% employer match about $121,242 at 4% or $80,828 at 6%; with 100% employer match about $90,931 at 4% or $60,621 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 18 | $2,884,999 | $130,941 | $7,275iApproximate average salary by contribution assumption: employee only about $181,863 at 4% or $121,242 at 6%; with 50% employer match about $121,242 at 4% or $80,828 at 6%; with 100% employer match about $90,931 at 4% or $60,621 at 6%. |
| 2018 | 1 | 20 | $2,497,743 | $128,731 | $6,437iApproximate average salary by contribution assumption: employee only about $160,914 at 4% or $107,276 at 6%; with 50% employer match about $107,276 at 4% or $71,517 at 6%; with 100% employer match about $80,457 at 4% or $53,638 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 20 | $2,497,743 | $128,731 | $6,437iApproximate average salary by contribution assumption: employee only about $160,914 at 4% or $107,276 at 6%; with 50% employer match about $107,276 at 4% or $71,517 at 6%; with 100% employer match about $80,457 at 4% or $53,638 at 6%. |
| 2017 | 1 | 17 | $2,534,389 | $124,358 | $7,315iApproximate average salary by contribution assumption: employee only about $182,879 at 4% or $121,920 at 6%; with 50% employer match about $121,920 at 4% or $81,280 at 6%; with 100% employer match about $91,440 at 4% or $60,960 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $2,534,389 | $124,358 | $7,315iApproximate average salary by contribution assumption: employee only about $182,879 at 4% or $121,920 at 6%; with 50% employer match about $121,920 at 4% or $81,280 at 6%; with 100% employer match about $91,440 at 4% or $60,960 at 6%. |
| 2016 | 1 | 17 | $2,440,265 | $133,024 | $7,825iApproximate average salary by contribution assumption: employee only about $195,624 at 4% or $130,416 at 6%; with 50% employer match about $130,416 at 4% or $86,944 at 6%; with 100% employer match about $97,812 at 4% or $65,208 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $2,440,265 | $133,024 | $7,825iApproximate average salary by contribution assumption: employee only about $195,624 at 4% or $130,416 at 6%; with 50% employer match about $130,416 at 4% or $86,944 at 6%; with 100% employer match about $97,812 at 4% or $65,208 at 6%. |
| 2015 | 1 | 17 | $2,171,707 | $134,554 | $7,915iApproximate average salary by contribution assumption: employee only about $197,874 at 4% or $131,916 at 6%; with 50% employer match about $131,916 at 4% or $87,944 at 6%; with 100% employer match about $98,937 at 4% or $65,958 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $2,171,707 | $134,554 | $7,915iApproximate average salary by contribution assumption: employee only about $197,874 at 4% or $131,916 at 6%; with 50% employer match about $131,916 at 4% or $87,944 at 6%; with 100% employer match about $98,937 at 4% or $65,958 at 6%. |
| 2014 | 1 | 25 | $2,118,064 | $127,057 | $5,082iApproximate average salary by contribution assumption: employee only about $127,057 at 4% or $84,705 at 6%; with 50% employer match about $84,705 at 4% or $56,470 at 6%; with 100% employer match about $63,528 at 4% or $42,352 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 25 | $2,118,064 | $127,057 | $5,082iApproximate average salary by contribution assumption: employee only about $127,057 at 4% or $84,705 at 6%; with 50% employer match about $84,705 at 4% or $56,470 at 6%; with 100% employer match about $63,528 at 4% or $42,352 at 6%. |
| 2013 | 1 | 23 | $1,985,074 | $65,761 | $2,859iApproximate average salary by contribution assumption: employee only about $71,479 at 4% or $47,653 at 6%; with 50% employer match about $47,653 at 4% or $31,769 at 6%; with 100% employer match about $35,740 at 4% or $23,826 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 23 | $1,985,074 | $65,761 | $2,859iApproximate average salary by contribution assumption: employee only about $71,479 at 4% or $47,653 at 6%; with 50% employer match about $47,653 at 4% or $31,769 at 6%; with 100% employer match about $35,740 at 4% or $23,826 at 6%. |
| 2012 | 1 | 25 | $1,221,969 | $55,679 | $2,227iApproximate average salary by contribution assumption: employee only about $55,679 at 4% or $37,119 at 6%; with 50% employer match about $37,119 at 4% or $24,746 at 6%; with 100% employer match about $27,839 at 4% or $18,560 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 25 | $1,221,969 | $55,679 | $2,227iApproximate average salary by contribution assumption: employee only about $55,679 at 4% or $37,119 at 6%; with 50% employer match about $37,119 at 4% or $24,746 at 6%; with 100% employer match about $27,839 at 4% or $18,560 at 6%. |
| 2009 | 1 | 32 | $1,106,821 | $73,897 | $2,309iApproximate average salary by contribution assumption: employee only about $57,732 at 4% or $38,488 at 6%; with 50% employer match about $38,488 at 4% or $25,659 at 6%; with 100% employer match about $28,866 at 4% or $19,244 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 32 | $1,106,821 | $73,897 | $2,309iApproximate average salary by contribution assumption: employee only about $57,732 at 4% or $38,488 at 6%; with 50% employer match about $38,488 at 4% or $25,659 at 6%; with 100% employer match about $28,866 at 4% or $19,244 at 6%. |
| 2008 | 1 | 31 | $0 | $0 | - |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 31 | - | - | - |
| 2007 | 1 | 25 | $0 | $0 | - |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 25 | - | - | - |
| 2006 | 1 | 16 | $1,517,610 | $93,197 | $5,825iApproximate average salary by contribution assumption: employee only about $145,620 at 4% or $97,080 at 6%; with 50% employer match about $97,080 at 4% or $64,720 at 6%; with 100% employer match about $72,810 at 4% or $48,540 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 16 | $1,517,610 | $93,197 | $5,825iApproximate average salary by contribution assumption: employee only about $145,620 at 4% or $97,080 at 6%; with 50% employer match about $97,080 at 4% or $64,720 at 6%; with 100% employer match about $72,810 at 4% or $48,540 at 6%. |
| 2005 | 1 | 15 | $1,383,106 | $204,794 | $13,653iApproximate average salary by contribution assumption: employee only about $341,323 at 4% or $227,549 at 6%; with 50% employer match about $227,549 at 4% or $151,699 at 6%; with 100% employer match about $170,662 at 4% or $113,774 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 15 | $1,383,106 | $204,794 | $13,653iApproximate average salary by contribution assumption: employee only about $341,323 at 4% or $227,549 at 6%; with 50% employer match about $227,549 at 4% or $151,699 at 6%; with 100% employer match about $170,662 at 4% or $113,774 at 6%. |
| 2004 | 1 | 16 | $1,171,928 | $102,593 | $6,412iApproximate average salary by contribution assumption: employee only about $160,302 at 4% or $106,868 at 6%; with 50% employer match about $106,868 at 4% or $71,245 at 6%; with 100% employer match about $80,151 at 4% or $53,434 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 16 | $1,171,928 | $102,593 | $6,412iApproximate average salary by contribution assumption: employee only about $160,302 at 4% or $106,868 at 6%; with 50% employer match about $106,868 at 4% or $71,245 at 6%; with 100% employer match about $80,151 at 4% or $53,434 at 6%. |
| 2003 | 1 | 17 | $1,048,862 | $113,917 | $6,701iApproximate average salary by contribution assumption: employee only about $167,525 at 4% or $111,683 at 6%; with 50% employer match about $111,683 at 4% or $74,456 at 6%; with 100% employer match about $83,763 at 4% or $55,842 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $1,048,862 | $113,917 | $6,701iApproximate average salary by contribution assumption: employee only about $167,525 at 4% or $111,683 at 6%; with 50% employer match about $111,683 at 4% or $74,456 at 6%; with 100% employer match about $83,763 at 4% or $55,842 at 6%. |
| 2002 | 1 | 20 | $728,954 | $108,856 | $5,443iApproximate average salary by contribution assumption: employee only about $136,070 at 4% or $90,713 at 6%; with 50% employer match about $90,713 at 4% or $60,476 at 6%; with 100% employer match about $68,035 at 4% or $45,357 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 20 | $728,954 | $108,856 | $5,443iApproximate average salary by contribution assumption: employee only about $136,070 at 4% or $90,713 at 6%; with 50% employer match about $90,713 at 4% or $60,476 at 6%; with 100% employer match about $68,035 at 4% or $45,357 at 6%. |
| 2001 | 1 | 17 | $778,772 | $94,942 | $5,585iApproximate average salary by contribution assumption: employee only about $139,621 at 4% or $93,080 at 6%; with 50% employer match about $93,080 at 4% or $62,054 at 6%; with 100% employer match about $69,810 at 4% or $46,540 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 17 | $778,772 | $94,942 | $5,585iApproximate average salary by contribution assumption: employee only about $139,621 at 4% or $93,080 at 6%; with 50% employer match about $93,080 at 4% or $62,054 at 6%; with 100% employer match about $69,810 at 4% or $46,540 at 6%. |
| 2000 | 1 | 14 | $770,268 | $74,501 | $5,322iApproximate average salary by contribution assumption: employee only about $133,038 at 4% or $88,692 at 6%; with 50% employer match about $88,692 at 4% or $59,128 at 6%; with 100% employer match about $66,519 at 4% or $44,346 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | - | 14 | $770,268 | $74,501 | $5,322iApproximate average salary by contribution assumption: employee only about $133,038 at 4% or $88,692 at 6%; with 50% employer match about $88,692 at 4% or $59,128 at 6%; with 100% employer match about $66,519 at 4% or $44,346 at 6%. |
| 1999 | 1 | 15 | $917,224 | $67,135 | $4,476iApproximate average salary by contribution assumption: employee only about $111,892 at 4% or $74,594 at 6%; with 50% employer match about $74,594 at 4% or $49,730 at 6%; with 100% employer match about $55,946 at 4% or $37,297 at 6%. |
| Culp Construction Company 401(K) Profit Sharing Plan | Current | 15 | $917,224 | $67,135 | $4,476iApproximate average salary by contribution assumption: employee only about $111,892 at 4% or $74,594 at 6%; with 50% employer match about $74,594 at 4% or $49,730 at 6%; with 100% employer match about $55,946 at 4% or $37,297 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$917,224$158,116 change
Balance Sheet
Beginning and end of plan year.
Total assets$759,108$917,224Increase +$158,116 (20.83%)
Total liabilities$0$0No change $0
Net assets$759,108$917,224Increase +$158,116 (20.83%)
Contributions
Employer contributions$31,585
Participant contributions$35,550
Other contributions$0
Income & Expenses
Total income$180,910
Total expenses$22,794
Net income$158,116
Source fields
- Schedule I source fields
- Filing Id
- 56037025041271
- Schedule I EIN
- 87-0209513
- Schedule I Plan Num
- 002
- Schedule I Plan Year Begin Date
- 1999-01-01
- Schedule I Tax Period
- 19991231
- Small plan total assets at beginning of year
- $759,108
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $759,108
- Small plan total assets at end of year
- $917,224
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $917,224
- Small plan employer contributions
- $31,585
- Small plan participant contributions
- $35,550
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $113,775
- Small plan total income
- $180,910
- Small plan total benefit distributions
- $9,546
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $13,248
- Small plan total expenses
- $22,794
- Small plan net income or loss
- $158,116
- 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
- Yes
- Small plan fidelity bond amount
- $100,000
- 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
- Small plan resolution to terminate plan adopted
- No
- Small Res Terminate Plan Adpt Amount
- $0
Schedule R
Schedule R Pension Information
Retirement plan characteristics
Testing, payor, opinion-letter, and transfer information reported with the filing.
Pension & Payor
Payor EIN87-0466730
Transfers
Distributed property value$0
Schedule R source fields
- Payor 87-0466730
- Filing Id
- 56037025041271
- Schedule R EIN
- 87-0209513
- Schedule R Plan number
- 002
- Schedule R Plan Year Begin Date
- 1999-01-01
- Schedule R Tax Period
- 19991231
- Pension Value Dstrb Pd Property Amount
- $0
- Pension payor EIN
- 87-0466730
- Pension Bnft Distribution Sngl Sum Count
- 1
- Pension Employer Contribution Rqr Amount
- $0
- Pension Employer Contribution Paid Amount
- $0
- Pension Funding Deficiency Amount
- $0