Electric Glass Fiber America, LLC401(k)
ELECTRIC GLASS FIBER AMERICA, LLC 401(K) PLAN · SHELBY, NC · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Electric Glass Fiber America, LLC reported $196,610 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $5,117 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 2 years on file its reported administrative ratio fell from 0.42% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 356th-largest of 2,005 plans among North Carolina employers on file, and the 496th of 2,199 in information & media. In 2023, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has shrunk from 804 to 635 since 2022.
Electric Glass Fiber America, LLC's 2023 employer contribution ran above the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 562109195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.