Plan Ledger DOL Form 5500 · updated monthly

Carhartt, Inc.401(k)

CARHARTT, INC. 401(K) RETIREMENT SAVINGS PLAN · DEARBORN, MI · plan year 2025

Reported admin expense ratio · 2025
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Carhartt, Inc. reported $227,647 in plan administrative expenses for 2025: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,588 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 108th-largest of 2,619 plans among Michigan employers on file, and the 850th of 13,661 in manufacturing. In 2025, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$300,368,824
Participants with balances2,385
Active participants2,186
Employer contributions$10,028,784
Employee contributions$13,496,624
Employer contribution per active participant$4,588
Average account balance$125,941
Benefits paid to participants$28,889,716
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$300.4M · 2,385 accts · $10.0M emplr
2024$261.1M · 2,297 accts · $9.2M emplr
2023$230.4M · 2,399 accts · $8.9M emplr
2022$188.6M · 2,260 accts · $8.2M emplr
The Carhartt, Inc. 401(k) match · 2025
Employer contribution per active participant$4,588
Median for plans this size$4,295
2025$4,588 per active participant
2024$4,477 per active participant
2023$4,438 per active participant
2022$4,091 per active participant

Carhartt, Inc.'s 2025 employer contribution ran above the $4,295 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$236,315

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$227,647 · 0.08%
2024$216,088 · 0.09%
2023$208,091 · 0.10%
2022$192,974 · 0.10%
All plans at this employer2
CARHARTT, INC. UNION 401(K) PLAN401(k)
CARHARTT, INC. 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
La-Z-Boy Incorporated MI$351.3M · 0.23%
Trelleborg Corporation MI$322.2M · 0.15%
Zf Passive Safety US Inc. MI$298.8M · 0.01%
Nsk Americas, Inc. MI$280.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381776575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.