Culp, Inc. 401(k) match: 4% max
Culp, Inc. Employees' Retirement Builder Plan · CULP · CIK 723603
Maximum employer match, as a share of pay
4%
Culp, Inc. matches 100% (dollar-for-dollar) of the first 4% of pay.
From the Form 11-K filed June 18, 2026 ↗, covering the plan year ended December 31, 2025. Why filings lag
On this page: the formula, word for word · when the money becomes yours · who can join · what else the 11-K reports · how it compares · what to do next
What Culp puts in, and what the plan costs
What Culp puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company makes matching safe harbor contributions equal to 100% of the participant’s contribution up to the first 4% of annual compensation contributed to the Plan.”
What you contribute to collect all of it
Contribute at least 4% of your pay to collect the full match.
That is $1,980 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their own voluntary contributions and the Company’s matching contributions plus actual earnings thereon.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
No Form 5500 record is joined to this employer, so there is no plan-paid cost to show.
What is Culp's 401(k) match formula?
Culp's 401(k) employer match tops out at 4% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 4% of pay |
|---|---|
| Maximum employer match | 4% of compensation |
| Paid in company stock | No, paid in cash or per your investment elections |
| Conditions | Employees who elect to participate in the Plan are required to contribute at least 2% of their annual compensation to the Plan. |
| Other employer contribution | Discretionary profit-sharing contribution (none made during the years ended December 31, 2025, 2024, or 2023) |
At a $90,000 salary, contributing 4% ($3,600) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“The Company makes matching safe harbor contributions equal to 100% of the participant’s contribution up to the first 4% of annual compensation contributed to the Plan.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Culp's 401(k) vesting schedule?
Culp vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Participants are immediately vested in their own voluntary contributions and the Company’s matching contributions plus actual earnings thereon.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR · SEC ↗
Who can join Culp's 401(k), and is enrollment automatic?
Culp enrolls new hires automatically at 3% of pay.
| Plan entry | Full-time employees of Culp, Inc. and its subsidiaries who have three months of continuous service and are at least 21 years of age; enrollment is effective in the next available payroll period. |
|---|---|
| Automatic enrollment | Yes: default deferral 3% of pay; default investment: T. Rowe Price Retirement Series (target-date pooled separate accounts) |
Eligibility, word for word
“The Plan is a defined contribution plan covering all full-time employees of Culp, Inc., and its subsidiaries (the “Company”) who have three months of continuous service and are at least 21 years of age.”
Automatic enrollment, word for word
“An employee who is eligible to participate in the Plan but does not either affirmatively elect to decline participation or designate a specified amount to be contributed to the Plan, is required to have their compensation reduced by 3%, which is then contributed into the Plan’s T. Rowe Price Retirement Series.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR · SEC ↗
What else does Culp's 11-K report?
The Culp plan held $49.5M in net assets at the end of the plan year ended December 31, 2025.
| Net plan assets (end of plan year) | $49,467,092 |
|---|---|
| Trustee / recordkeeper | Empower Retirement, a wholly owned subsidiary of Great West Life & Annuity Insurance Company, serves as Plan administrator |
| Plan auditor | GreerWalker LLP |
Source: Form 11-K filed June 18, 2026, SEC EDGAR · SEC ↗
How does Culp's 401(k) match compare?
Culp, Inc.'s maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, five land near Culp's maximum match and one vests on the same schedule.
Maximum match 4% of pay, level with Culp.
Maximum match 4% of pay, level with Culp.
Maximum match 4% of pay, level with Culp.
Maximum match 4% of pay, level with Culp.
Maximum match 4% of pay, level with Culp.
Maximum match 7% of pay. Vests immediately too, like Culp.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 18, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Culp, Inc.'s 401(k) match?
Culp, Inc. matches 100% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
When does the Culp, Inc. 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Culp, Inc.'s 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; default investment: T. Rowe Price Retirement Series (target-date pooled separate accounts).
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Culp, Inc. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Culp, Inc. |
| SEC CIK | 723603 |
| Accession number | 0001193125-26-275413 |
| Plan | Culp, Inc. Employees' Retirement Builder Plan |
| Period of report | December 31, 2025 |
| Filed | June 18, 2026 |
401(k) Monitor is not affiliated with Culp, Inc., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Culp, Inc. 401(k) plan facts”, from SEC Form 11-K accession 0001193125-26-275413, plan year ended December 31, 2025.
