Employers › International Textile Group
Recordkeeping fees per participant · Elevate Textiles 401(k) Retirement Plan · plan year 2024
$68.84
Higher than 49% of the 5,847 plans $50 to 250M that report it.
= $196,133 / 2,849
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916135727NAL0001210963001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916135727NAL0001210963001, received 2025-09-16
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-16.
Administrative expenses excluding investment management, per participant
$68.84
Higher than 34% of the 8,758 plans $50 to 250M that report it.
= $196,133 / 2,849
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916135727NAL0001210963001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916135727NAL0001210963001, received 2025-09-16
Administrative expenses per participant
$85.83
Higher than 30% of the 9,042 plans $50 to 250M that report it.
= $244,529 / 2,849
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916135727NAL0001210963001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916135727NAL0001210963001, received 2025-09-16
Administrative expenses as a share of assets
0.106%
Higher than 39% of the 9,049 plans $50 to 250M that report it.
= $244,529 / $231,760,911
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916135727NAL0001210963001, received 2025-09-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916135727NAL0001210963001, received 2025-09-16
Employer contributions per participant
$1,367
Higher than 18% of the 9,105 plans $50 to 250M that report it.
= $3,895,406 / 2,849
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916135727NAL0001210963001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916135727NAL0001210963001, received 2025-09-16
Employer share of total contributions
34.4%
Higher than 65% of the 9,112 plans $50 to 250M that report it.
= $3,895,406 / $11,309,656
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916135727NAL0001210963001, received 2025-09-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916135727NAL0001210963001, received 2025-09-16
Plan terms are described in International Textile Group Inc's SEC filings: Form 10-K filed 2016-03-23. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250916135727NAL0001210963001, received 2025-09-16
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ELEVATE TEXTILES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Plan name | ELEVATE TEXTILES 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Sponsor EIN / plan number | 33-0596831 / 018 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Sponsor location | CHARLOTTE, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Industry (business code) | 314000, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Filing received | 2025-09-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Participants, beginning of year | 3,337 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Active participants | 2,100 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Participants, end of year | 3,032 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Participants with an account balance | 2,849 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total assets, beginning of year | $219,392,597 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total assets, end of year | $231,760,911 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Net assets, end of year | $231,760,911 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total income | $39,396,490 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Net income | $12,368,314 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Employer contributions | $3,895,406 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Participant contributions | $7,020,356 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Other contributions (incl. rollovers) | $393,894 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total contributions | $11,309,656 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Benefit payments | $26,783,647 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total expenses (incl. benefit payments) | $27,028,176 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Total administrative expenses | $244,529 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Recordkeeping fees | $196,133 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Investment advisory and management fees | $48,396 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Administrative expenses excluding investment management | $196,133 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Held in common/collective trusts | $156,087,059 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Held in mutual funds | $73,007,115 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250916135727NAL0001210963001, received 2025-09-16 |
| Independent auditor | SMITH LEONARD PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250916135727NAL0001210963001, received 2025-09-16 |
Position = column in the DOL layout for form year 2024. Filing 20250916135727NAL0001210963001, received 2025-09-16.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees | $196,157 | yes |
| EDELMAN FINANCIAL ENGINES | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $48,396 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250916135727NAL0001210963001, received 2025-09-16.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $219,392,597 | $231,760,911 | 5.6% |
| Participants with a balance | 3,120 | 2,849 | -8.7% |
| Administrative expenses | $251,450 | $244,529 | -2.8% |
| Recordkeeping fees per participant | $65.90 | $68.84 | 4.5% |
| Employer contributions | $4,045,088 | $3,895,406 | -3.7% |
Prior filing 20240924081321NAL0012514881001, received 2024-09-24; the plan years are contiguous.
Sponsor name as filed: ELEVATE TEXTILES, INC.; SEC registrant: INTERNATIONAL TEXTILE GROUP INC (CIK 918964, matched by EIN).