Plan Ledger DOL Form 5500 · updated monthly

Shaw Industries Group, Inc.401(k)

SHAW INDUSTRIES GROUP, INC. RETIREMENT SAVINGS PLAN · DALTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Shaw Industries Group, Inc. reported $2,076,565 in plan administrative expenses for 2024: 0.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,140 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 rose from 0.09% to 0.12%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 25th-largest of 2,160 plans among Georgia employers on file, and the 197th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has shrunk from 18,966 to 16,672 since 2022.

Plan summary
Net assets, end of year$1,743,038,069
Participants with balances19,197
Active participants16,672
Employer contributions$35,676,044
Employee contributions$94,283,753
Employer contribution per active participant$2,140
Average account balance$90,797
Benefits paid to participants$212,973,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 19,197 accts · $35.7M emplr
2023$1.6B · 20,215 accts · $36.1M emplr
2022$1.5B · 21,424 accts · $37.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,692,379
Investment management$384,186
Total administrative$2,076,565
The Shaw Industries Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,140
Median for plans this size$5,259
2024$2,140 per active participant
2023$2,042 per active participant
2022$1,971 per active participant

Shaw Industries Group, Inc.'s 2024 employer contribution ran below the $5,259 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,692,379
PUTNAM ADVISORY · Investment advisory (plan)$384,186
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp
WARREN AVERETT · Accounting / auditindirect comp

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$2,076,565 · 0.12%
2023$1,528,841 · 0.10%
2022$1,427,637 · 0.09%
Same employer
Similar plansManufacturing · Georgia
Georgia-Pacific LLC GA$4.7B · 0.04%
NCR Corporation GA$1.9B · 0.04%
Newell Operating Company GA$1.8B · 0.07%
Novelis Corp. GA$1.5B · 0.08%
Mohawk Carpet, LLC GA$983.1M · 0.01%
Ucb Holdings, Inc. GA$979.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581032521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.