Department of Labor filing

TAI PING CARPET HOLDINGS, LTD

TAI PING CARPETS 401(K) PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Oct 11, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

42filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$2,287

Reported employer contributions per active participant.

Higher than about 59% of comparable plans
#People in the filing
78

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$543 / participant

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

Lower cost than about 4% of comparable plans
Investment performance
Not available

Plan assets changed -13.7%, 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 · 202242out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions59th percentileTypical peer $1,955 · based on 144 comparable plans
Lower reported administrative expense4th percentileTypical peer $162 · based on 157 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, 2022, TAI PING CARPET HOLDINGS, LTD reported $178,384 in employer contributions across the plan and 78 active participants. That works out to $2,287 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 proxy74%

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 0.0%

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

Expense trendUp 0.0%

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

Peer context42/100

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
$178,384
Participant contributions
$530,851
Other contributions
$53,712
Employer share of reported contributions
25.2%
Beginning assets
$11,049,441
Ending assets
$9,533,347
Ending net assets
$9,500,707
Ending liabilities
$32,640
Total income
-$1,136,272
Total expenses
$382,220
Administrative expenses
$54,831
Participant loans
$239,671

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
$2,287
Plan-paid administrative expenses per participant
2022
$543
Active participants
2022
78
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$2,287789.5M20231011094039NAL0059492786001

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
2.5%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
010559601-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2001
Industry
Wholesale trade
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D

Current plan terms

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Filing ACK_ID20231011094039NAL0059492786001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗