Plan Ledger DOL Form 5500 · updated monthly

Textile Management Associates, Inc.401(k)

TEXTILE MANAGEMENT ASSOCIATES, INC. 401(K) PLAN · DALTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Textile Management Associates, Inc. reported $61,744 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $620 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 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 586th-largest of 2,160 plans among Georgia employers on file, and the 3,912th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 1,308 to 1,538 since 2022.

Plan summary
Net assets, end of year$36,733,337
Participants with balances1,110
Active participants1,538
Employer contributions$954,074
Employee contributions$2,454,563
Employer contribution per active participant$620
Average account balance$33,093
Benefits paid to participants$3,389,104
Plan auditUnmodified (clean) audit opinion
AuditorESTES & WALCOTT
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 1,110 accts · $954K emplr
2023$32.7M · 1,113 accts · $409K emplr
2022$26.4M · 986 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,744
Total administrative$61,744
The Textile Management Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$620
Median for plans this size$2,416
2024$620 per active participant
2023$271 per active participant
2022$277 per active participant

Textile Management Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$61,744

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$61,744 · 0.18%
2023$30,243 · 0.10%
2022$24,889 · 0.09%
Same employer
Similar plansManufacturing · Georgia
Pexco, LLC GA$38.1M · 0.06%
Plaid Enterprises, Inc. GA$37.8M · 0.15%
Burgess Pigment Company GA$37.1M · 0.31%
G & L Holdings, Inc. GA$37.0M · 0.23%
Winpak Films Inc. GA$36.0M · 0.04%
Iconex, LLC GA$35.5M · 0.07%
Encompass Group, LLC GA$34.8M · 0.07%
Skc, Inc. GA$34.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582428248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.