Rite Rug Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Rite Rug Company, Inc. 401(k) Plan Facts

Plan name
RITE RUG CO. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RITE RUG COMPANY, INC.
Participants
957 (887 active employees)
Former employees with a balance
43
Plan assets
$18,900,448 at Dec 31, 2024
Average account balance
$40,646 across 465 accounts
Employer contributions
$3,466 in plan year 2024 (0% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 31, 1961
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.03 million went into the plan in contributions, $3,466 of it from the employer (0%).
  • $1.09 million was paid out to participants.
  • Investment and other income added $2.14 million.
  • Administrative expenses were $115,747, about $249 per account.

How the Rite Rug Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019784$10.6 million$34,593$718,522
2020789$12.9 million$36,465$689,700
2021811$14.8 million$43,413$904,159
2022901$13.0 million$0$768,036
2023932$16.0 million$6,835$1.02 million
2024957$18.9 million$3,466$1.09 million

Rite Rug Company, Inc. 401(k) Contact Information

Phone
614-261-6060
Mailing address
4450 POTH ROAD, COLUMBUS OH 43213
Plan sponsor
RITE RUG COMPANY, INC.
Employer identification number (EIN)
31-4365448
Plan number
001

Questions about the Rite Rug Company, Inc. 401(k)

Does Rite Rug Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3,466, 0% of all contributions.

Does the Rite Rug Company, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Rite Rug Company, Inc 401(k) plan?

957 participants at the start of plan year 2024, 887 of them active employees, and 43 former employees who still had money in the plan.

What is the average 401(k) balance at Rite Rug Company, Inc?

About $40,646 per account: $18.9 million in plan assets across 465 accounts with a balance at the end of plan year 2024.

Who manages the Rite Rug Company, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Rite Rug Company, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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