Plan Ledger DOL Form 5500 · updated monthly

Twe Nonwovens US, Inc.401(k)

TWE NONWOVENS US, INC. 401(K) PROFIT SHARING PLAN AND TRUST · HIGH POINT, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Twe Nonwovens US, Inc. reported $15,862 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,785 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 0.35% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,321st of 2,005), and 10,312th of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,728,458
Participants with balances198
Active participants158
Employer contributions$282,083
Employee contributions$692,102
Employer contribution per active participant$1,785
Average account balance$33,982
Benefits paid to participants$592,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 198 accts · $282K emplr
2023$5.6M · 174 accts · $219K emplr
2022$4.3M · 187 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,862
Total administrative$15,862
The Twe Nonwovens US, Inc. 401(k) match · 2024
Employer contribution per active participant$1,785
Median for plans this size$1,313
2024$1,785 per active participant
2023$1,296 per active participant
2022$1,466 per active participant

Twe Nonwovens US, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NATIONWIDE · Recordkeeping$7,463
TRINITY PENSION GROUP, LLC · Recordkeeping$7,123

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

Recordkeeper by year2
2024Nationwide, TRINITY PENSION GROUP, LLC
2023Nationwide, TRINITY PENSION GROUP, LLC

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

Administrative cost history3
2024$15,862 · 0.26%
2023$13,040 · 0.26%
2022$14,611 · 0.35%
Same employer
Similar plansManufacturing · North Carolina
Shuford Yarns, LLC NC$7.0M · 0.64%
Baebies, Inc. NC$7.0M · 0.18%
Raumedic Inc. NC$6.5M · 0.74%
Hornwood, Inc. NC$6.5M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364804172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.