Plan Ledger DOL Form 5500 · updated monthly

The William Carter Company401(k)

CARTERS 401(K) SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The William Carter Company reported $555,505 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,428 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 0.184%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 115th-largest of 2,160 plans among Georgia employers on file, and the 819th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$317,997,957
Participants with balances6,941
Active participants6,091
Employer contributions$8,700,848
Employee contributions$16,083,688
Employer contribution per active participant$1,428
Average account balance$45,814
Benefits paid to participants$32,735,992
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$318.0M · 6,941 accts · $8.7M emplr
2023$285.6M · 7,696 accts · $8.0M emplr
2022$248.2M · 6,862 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$438,543
Investment management$73,212
Audit (IQPA)$43,750
Total administrative$555,505
The The William Carter Company 401(k) match · 2024
Employer contribution per active participant$1,428
Median for plans this size$4,294
2024$1,428 per active participant
2023$1,234 per active participant
2022$1,245 per active participant

The William Carter Company's 2024 employer contribution ran below the $4,294 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$438,568
COOK STREET CONSULTING$54,500
RSM US LLP$43,750
MORGAN STANLEY GLOBAL BANKING OPERA$18,712

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$555,505 · 0.18%
2023$534,340 · 0.20%
2022$495,394 · 0.18%
Same employer
Similar plansManufacturing · Georgia
Valmet Inc. GA$431.6M · 0.06%
Chart Industries, Inc. GA$428.3M · 0.02%
Fieldcore Service, Inc. GA$388.5M · 0.07%
Bway Corporation GA$357.0M · 0.19%
Avanos Medical, Inc. GA$310.9M · 0.10%
Kemira Water Solutions, Inc. GA$309.7M · 0.04%
Klockner Metals Corporation GA$288.7M · 0.14%
Kemira Chemicals, Inc. GA$285.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041156680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.