Department of Labor filing

IMPACT FLOORS OF TEXAS, LLC

IMPACT PEOPLE 401(K) PROGRAM · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

27filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,565

Reported employer contributions per active participant.

Higher than about 22% of comparable plans

#People in the filing

224

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$269 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 40% of comparable plans

↗Investment performance

Not available

Plan assets changed 95.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202427out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions22nd percentileTypical peer $2,706 · based on 577 comparable plans

Lower reported administrative expense40th percentileTypical peer $229 · based on 583 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, IMPACT FLOORS OF TEXAS, LLC reported $350,526 in employer contributions across the plan and 224 active participants. That works out to $1,565 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy85%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 21.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 29.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context27/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $350,526
Participant contributions: $1,156,846
Other contributions: $24,920
Employer share of reported contributions: 23.3%
Beginning assets: $5,871,510
Ending assets: $11,484,210
Ending net assets: $11,484,210
Ending liabilities: $0
Total income: $2,789,946
Total expenses: $1,089,119
Administrative expenses: $63,844
Participant loans: $363,731

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,293

2023

$1,259

2024

$1,565

Plan-paid administrative expenses per participant

2022

$208

2023

$185

2024

$269

Active participants

2022

153

2023

205

2024

224

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,565	224	11.5M	20251013195217NAL0002666000001
2023	$1,259	205	5.9M	20241011102411NAL0021666113001
2022	$1,293	153	4.2M	20231016150602NAL0025938579001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 3.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 752658614-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 2001
Industry: Construction
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2K2S2T3D3B3H2E2F2G2J

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20251013195217NAL0002666000001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗