Visalia Ceramic Tile, Inc.401(k)
THE CONTRACTORS RETIREMENT PLAN · VISALIA, CA · plan year 2024
Visalia Ceramic Tile, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $7,194,437 across 129 participant accounts, with employer contributions averaging $2,641 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,273rd of 9,483), and 3,550th of 5,337 in construction. In 2024, the employer put in $1.87 for every $1.00 employees contributed themselves; active participation has shrunk from 185 to 155 since 2022.
Visalia Ceramic Tile, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 770094896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.