Plan Ledger DOL Form 5500 · updated monthly

Textile Rubber & Chemical Co., Inc.401(k)

TEXTILE RUBBER & CHEMICAL CO., INC. EMPLOYEES' PROFIT SHARING 401(K) PLAN · DALTON, GA · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Textile Rubber & Chemical Co., Inc. reported $26,419 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,097 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 1 year on file its reported administrative ratio rose from 0.05% to 0.06%. 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 the 494th-largest of 2,160 plans among Georgia employers on file, and the 3,348th of 13,661 in manufacturing. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,931,177
Participants with balances411
Active participants356
Employer contributions$1,102,662
Employee contributions$2,059,349
Employer contribution per active participant$3,097
Average account balance$111,755
Benefits paid to participants$5,895,463
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$45.9M · 411 accts · $1.1M emplr
2022$43.7M · 463 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,470
Investment management$11,949
Total administrative$26,419
The Textile Rubber & Chemical Co., Inc. 401(k) match · 2023
Employer contribution per active participant$3,097
Median for plans this size$2,440
2023$3,097 per active participant
2022$2,711 per active participant

Textile Rubber & Chemical Co., Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size. 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 · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$11,949

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

Administrative cost history2
2023$26,419 · 0.06%
2022$23,599 · 0.05%
Similar plansManufacturing · Georgia
Tensar Holdings LLC GA$50.1M · 0.03%
Toto USA, Inc. GA$49.5M · 0.22%
Jcb, Inc. GA$48.5M · 0.49%
Caire, Inc. GA$45.8M · 0.41%
Huvepharma Inc. GA$45.2M · 0.24%
Mountville Mills, Inc. GA$45.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580830706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.