Plan Ledger DOL Form 5500 · updated monthly

Oriental Weavers USA Inc.401(k)

ORIENTAL WEAVERS USA INC. 401K PLAN · DALTON, GA · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Oriental Weavers USA Inc. reported $11,720 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,219th of 2,160), and 8,543rd of 13,661 in manufacturing. active participation has shrunk from 350 to 207 since 2022.

Plan summary
Net assets, end of year$10,556,613
Participants with balances153
Active participants207
Employer contributions$0
Employee contributions$466,237
Employer contribution per active participant$0
Average account balance$68,997
Benefits paid to participants$1,491,989
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT DAVIS LLC/PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 139 accts
2023$10.6M · 153 accts
2022$9.8M · 175 accts · $149K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,720
Total administrative$11,720
The Oriental Weavers USA Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Oriental Weavers USA Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,720

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$4,900 · 0.05%
2023$11,720 · 0.12%
2022$8,407 · 0.08%
Same employer
Similar plansManufacturing · Georgia
Phx Holdings, LLC GA$10.8M · 1.40%
Norcom, Inc. GA$10.6M · 0.27%
Optima Chemical Group, LLC GA$10.3M · 0.02%
Crider, Inc. GA$10.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582012611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.