Industry · Form 5500 business code 313000
Textile Mills: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 56 retirement plans in textile mills with 100 or more participants filed Form 5500: 47 defined contribution and 9 defined benefit. They reported 73,072 participant records and $1.72B in net assets, counting every plan on the form.
The median defined contribution plan held $39,263 per participant, well below the national median of $53,031, and its employer put in $1,069 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $148 per participant against $123 nationally.
Employers contributed $32.3M and participants $54.4M during the year, and the plans paid out $189M in benefits.
In 2009 the same group numbered 98 plans with $1.95B; by 2024 it was 56 plans (down 43%) and $1.72B (down 11%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $39,263 | $53,031 | $46,893 | $86,234 |
| Employer contributions per active participant | $1,069 | $2,174 | $3,268 | $10,244 |
| Schedule C compensation per participant | $148 | $123 | $241 | $344 |
| Schedule C compensation, share of net assets | 0.39% | 0.26% | 0.48% | 0.42% |
| Administrative expenses per participant | $155 | $116 | $425 | $527 |
Medians across plans with 100 or more participants (45 DC and 9 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $24,631 | $39,263 | $53,557 | 45 |
| Employer contributions per active participant | $476 | $1,069 | $1,843 | 42 |
| Schedule C compensation per participant | $60.05 | $148 | $219 | 44 |
| Administrative expenses per participant | $57.70 | $155 | $208 | 44 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 11 | 3,973 | $176M | $2.5M | $7.6M | $48,032 | $180 |
| 2024 | 56 | 73,072 | $1.72B | $32.3M | $54.4M | $39,263 | $148 |
| 2023 | 61 | 73,777 | $1.85B | $36.4M | $65.0M | $36,294 | $98.55 |
| 2022 | 75 | 79,643 | $1.77B | $40.2M | $68.6M | $26,725 | $76.18 |
| 2021 | 73 | 81,282 | $2.39B | $32.9M | $58.2M | $31,409 | $90.98 |
| 2020 | 71 | 66,370 | $2.07B | $33.3M | $52.7M | $30,066 | $69.48 |
| 2019 | 75 | 77,187 | $2.11B | $50.9M | $59.9M | $28,917 | $66.85 |
| 2018 | 79 | 58,060 | $1.63B | $41.7M | $52.0M | $24,178 | $63.68 |
| 2017 | 85 | 80,396 | $2.14B | $80.6M | $59.6M | $24,703 | $51.99 |
| 2016 | 82 | 78,774 | $1.96B | $71.3M | $55.5M | $23,476 | $41.86 |
| 2015 | 83 | 76,906 | $1.92B | $56.7M | $52.7M | $22,590 | $39.76 |
| 2014 | 91 | 77,286 | $2.06B | $50.8M | $52.0M | $23,282 | $30.98 |
| 2013 | 93 | 84,571 | $2.02B | $69.1M | $48.9M | $21,463 | $24.49 |
| 2012 | 88 | 78,956 | $1.82B | $53.2M | $48.5M | $18,136 | $27.07 |
| 2011 | 88 | 81,923 | $1.99B | $94.8M | $49.8M | $19,307 | $23.74 |
| 2010 | 97 | 84,741 | $2.00B | $65.1M | $46.1M | $18,909 | $17.95 |
| 2009 | 98 | 97,908 | $1.95B | $55.1M | $45.9M | $17,138 | $25.82 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 57 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 57 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| National Plus Plan | Board of Trustees of the National Plus Plan | RI | DC | 39,256 | $222M | $5,650 | $234 | $17.91 |
| Engineered Floors, LLC 401(k) Plan | Engineered Floors, LLC | GA | DC | 4,584 | $124M | $27,126 | $1,067 | $23.87 |
| Retirement Pension Plan for Employees of JPS Industries Holdings LLC | JPS Industries Holdings LLC | NY | DB | 3,386 | $56.7M | $16,733 | — | $110 |
| Unifi, Inc. Retirement Savings Plan | Unifi, Inc. | NC | DC | 2,471 | $158M | $63,889 | $1,678 | $79.38 |
| R.B. Pamplin Corporation and Subsidiaries Pension Plan and Trust | R. B. Pamplin Corporation | OR | DB | 1,950 | $118M | $60,585 | $13,232 | $246 |
| Glen Raven, Inc. Employees 401(k) Retirement Savings Plan | Glen Raven, Inc. | NC | DC | 1,846 | $110M | $59,648 | $841 | $114 |
| Glen Raven, Inc. Pension Plan | Glen Raven, Inc. | NC | DB | 1,835 | $178M | $97,109 | — | $368 |
| Textile Management Associates, Inc. 401(k) Plan | Textile Management Associates, Inc. | GA | DC | 1,622 | $36.7M | $22,647 | $620 | $38.07 |
| CV Industries, Inc. Employee Stock Ownership Plan | CV Industries, Inc. | NC | DC | 1,019 | $43.0M | $42,211 | $4,848 | — |
| R.B. Pamplin Corporation and Subsidiaries Savings Plan and Trust | R.B. Pamplin Corporation | OR | DC | 950 | $52.3M | $55,046 | $157 | $68.26 |
| Coats North America Pension Plan | Coats American, Inc. | NC | DB | 805 | $97.9M | $121,652 | — | $585 |
| Renfro Charleston, LLC Defined Benefit Pension Plan | Renfro Corporation | NC | DB | 646 | $8.4M | $13,023 | $5,677 | $135 |
| The Springs of Achievement Partnership Plan | Springs Global US, Inc. | SC | DC | 614 | $51.0M | $83,063 | $0 | $120 |
| BGF Industries, Inc. Retirement Savings Plan | BGF Industries, Inc. | VA | DC | 614 | $34.3M | $55,785 | $2,303 | $229 |
| Culp Inc. Employees Ret Builder Plan | Culp Inc. Employees Ret BLDR Plan | NC | DC | 580 | $49.5M | $85,288 | $2,394 | $245 |
| Santee Print Works Retirement Plan | Santee Print Works | SC | DB | 579 | $25.8M | $44,488 | $3,191 | $241 |
| National Spinning Co., Inc. Employee Stock Ownership Plan | National Spinning Co., Inc. | NC | DC | 483 | −$5.1M | — | $10,606 | — |
| Autoneum North America, Inc. Carpet Hourly-Paid Employees' Pension Plan | Autoneum North America, Inc. | MI | DB | 461 | $15.0M | $32,579 | $2,662 | $54.15 |
| Tencate Protective Fabrics Savings Plan | Southern Mills, Inc. d/b/a Tencate Protective Fabrics | GA | DC | 459 | $38.7M | $84,315 | $2,490 | $46.35 |
| Avgol America, Inc. 401(k) Plan | Avgol America, Inc. | NC | DC | 447 | $14.7M | $32,829 | $1,498 | $148 |
| Tex-Tech Industries Investment Plan | Tex-Tech Industries, Inc. | ME | DC | 445 | $17.7M | $39,795 | $2,515 | $171 |
| Fibrix Filtration 401(k) Plan | Branford Filtration, LLC DBA Fibrix Filtration | NC | DC | 430 | $12.7M | $29,597 | $518 | $169 |
| Schneider Mills Employees' Trust | Schneider Mills, Inc. | NC | DC | 427 | $17.5M | $41,017 | $829 | $190 |
| Keer America Corporation 401(k) Plan | Keer America Corporation | SC | DC | 374 | $2.1M | $5,614 | $226 | $71.95 |
| McMurray Fabrics Inc. Retirement Savings and Investment Plan | McMurray Fabrics, Inc. | NC | DC | 372 | $19.2M | $51,574 | $845 | $203 |
| Sans Technical Fibers, LLC Retirement Savings Plan | Sans Technical Fibers, LLC | NC | DC | 351 | $4.6M | $13,197 | $470 | $30.73 |
| Fibrix LLC 401(k) Plan | Fibrix, LLC | NC | DC | 315 | $2.8M | $8,786 | $433 | $47.71 |
| The Bally Ribbon Mills Profit Sharing 401(k) Plan | Bally Ribbon Mills | PA | DC | 312 | $35.9M | $114,930 | $819 | $477 |
| McMichael Mills, Inc. 401(k) Savings Plan | McMichael Mills, Inc. | NC | DC | 288 | $9.1M | $31,639 | $418 | $61.13 |
| Bekaertdeslee USA, Inc. 401(k) Retirement Plan | Bekaertdeslee USA Inc. | NC | DC | 285 | $11.2M | $39,263 | $1,884 | $277 |
| P & a Industrial Fabrications, LLC 401(k) Plan | P & a Industrial Fabrications, LLC | NC | DC | 278 | $6.8M | $24,631 | $867 | $275 |
| Fytertech Nonwovens, LLC 401(k) Retirement Savings Plan | Fytertech Nonwovens, LLC | WI | DC | 278 | $11.6M | $41,859 | $2,477 | $321 |
| Koos Manufacturing, Inc. 401(k) Plan | Koos Manufacturing, Inc. | CA | DC | 276 | $6.2M | $22,427 | $340 | $66.87 |
| Apex Mills Corporation Profit Sharing Plan | Apex Mills Corporation | NY | DC | 272 | $13.9M | $51,221 | $1,227 | $10.55 |
| Pendleton Woolen Mills 401(k) Savings Plan for Hourly Paid Employees | Pendleton Woolen Mills, Inc. | OR | DC | 245 | $5.3M | $21,592 | $252 | $83.42 |
| Kings Plush, Inc. DBA Sti 401(k) Plan | Kings Plush, Inc. DBA Sti, Inc. | NC | DC | 245 | $8.3M | $33,957 | $1,558 | $260 |
| Hornwood Retirement Plan | Hornwood, Inc. | NC | DC | 245 | $6.5M | $26,417 | $253 | $95.40 |
| The Davlyn Group 401(k) Pension Plan | Davlyn Manufacturing Co., LLC | PA | DC | 238 | $11.8M | $49,637 | $1,719 | $300 |
| Barrday Corp. 401(k) Plan | Barrday Corp. | NC | DC | 229 | $15.2M | $66,503 | $1,488 | $55.60 |
| Murdock Webbing Company, Inc. Employee Savings & Security Plan | Murdock Webbing Company, Inc. | RI | DC | 214 | $5.9M | $27,717 | — | $176 |
By plan size
By state
Questions and answers
How many retirement plans are there in textile mills?
56 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 69 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in textile mills?
The median defined contribution plan reported $39,263 in net assets per participant (middle half of plans: $24,631 to $53,557); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in textile mills?
The median defined contribution plan received $1,069 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in textile mills?
Among defined contribution plans that report any Schedule C compensation, the median was $148 per participant and 0.39% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.