Plan Ledger DOL Form 5500 · updated monthly

U.S. Cotton, LLC401(k)

U.S. COTTON, LLC RETIREMENT SAVINGS PLAN · GASTONIA, NC · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

U.S. Cotton, LLC reported $75,953 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $915 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 0.21% to 0.23%. 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 503rd-largest of 2,005 plans among North Carolina employers on file, and the 4,112th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,033,129
Participants with balances463
Active participants955
Employer contributions$873,512
Employee contributions$1,693,455
Employer contribution per active participant$915
Average account balance$73,506
Benefits paid to participants$4,959,025
Plan auditUnmodified (clean) audit opinion
AuditorARROWOOD & ASSOCIATES, PA
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 463 accts · $874K emplr
2023$32.6M · 449 accts · $728K emplr
2022$29.4M · 464 accts · $871K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,308
Investment management$40,645
Total administrative$75,953
The U.S. Cotton, LLC 401(k) match · 2024
Employer contribution per active participant$915
Median for plans this size$2,416
2024$915 per active participant
2023$775 per active participant
2022$830 per active participant

U.S. Cotton, LLC'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 · 20243
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$26,059
EMPOWER ADVISORY GROUP, LLC · Investment management$14,586

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$75,953 · 0.23%
2023$85,837 · 0.28%
2022$66,923 · 0.21%
Same employer
Similar plansManufacturing · North Carolina
Turbocoating Corp. NC$36.8M · 0.19%
Pine Hall Brick Co., Inc. NC$36.0M · 0.04%
Endura Products, Inc. NC$35.5M · 0.47%
US Conec LTD. NC$34.4M · 0.21%
Jordan Timberlands, Inc. NC$33.9M · 0.36%
Ccbcc Operations LLC NC$33.8M · 0.32%
Premier Magnesia LLC NC$33.0M · 0.10%
Kymera International NC$32.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850437023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.