Plan Ledger DOL Form 5500 · updated monthly

Gildan Activewear (Eden) Inc.401(k)

GILDAN 401(K) PLAN · EDEN, NC · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Gildan Activewear (Eden) Inc. reported $420,321 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $940 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 has held roughly steady near 0.44%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 206th-largest of 2,005 plans among North Carolina employers on file, and the 243rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$100,132,844
Participants with balances3,623
Active participants2,739
Employer contributions$2,573,390
Employee contributions$6,750,801
Employer contribution per active participant$940
Average account balance$27,638
Benefits paid to participants$12,633,836
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.1M · 3,623 accts · $2.6M emplr
2023$92.3M · 3,699 accts · $2.6M emplr
2022$78.6M · 3,710 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$297,496
Investment management$100,875
Audit (IQPA)$21,950
Total administrative$420,321
The Gildan Activewear (Eden) Inc. 401(k) match · 2024
Employer contribution per active participant$940
Median for plans this size$3,635
2024$940 per active participant
2023$1,033 per active participant
2022$936 per active participant

Gildan Activewear (Eden) Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$297,496
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$80,475
FORVIS MAZARS, LLP · Accounting / audit$21,950
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,400

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

Administrative cost history3
2024$420,321 · 0.44%
2023$350,086 · 0.41%
2022$341,095 · 0.42%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Rxo Corporate Solutions, LLC NC$263.1M · 0.15%
Haeco Americas NC$104.7M · 0.31%
Ct Management, Inc. NC$48.7M · 0.32%
Direct Chassislink, Inc. NC$44.2M · 0.03%
Epes Transport System, LLC NC$34.3M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562198731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.