Industry · Form 5500 business code 314000
Textile Product 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.
89 retirement plans in textile product mills with 100 or more participants filed Form 5500 for plan year 2024 (79 defined contribution, 10 defined benefit). All Form 5500 pension filers in the group reported 178,479 participant records and $8.73B in net assets.
The median defined contribution plan held $59,218 per participant, above the national median of $53,031, and its employer put in $1,612 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $126 per participant against $123 nationally.
Employers contributed $174M and participants $367M during the year, and the plans paid out $985M in benefits.
In 2009 the same group numbered 177 plans with $6.30B; by 2024 it was 89 plans (down 50%) and $8.73B (up 39%). 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 | $59,218 | $53,031 | $26,116 | $86,234 |
| Employer contributions per active participant | $1,612 | $2,174 | $4,947 | $10,244 |
| Schedule C compensation per participant | $126 | $123 | $220 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.71% | 0.42% |
| Administrative expenses per participant | $112 | $116 | $311 | $527 |
Medians across plans with 100 or more participants (75 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 | $33,081 | $59,218 | $95,410 | 75 |
| Employer contributions per active participant | $947 | $1,612 | $2,358 | 75 |
| Schedule C compensation per participant | $76.97 | $126 | $219 | 73 |
| Administrative expenses per participant | $71.45 | $112 | $219 | 73 |
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 | 15 | 26,964 | $1.72B | $31.8M | $83.4M | $94,846 | $151 |
| 2024 | 89 | 178,479 | $8.73B | $174M | $367M | $59,218 | $126 |
| 2023 | 95 | 169,113 | $8.08B | $200M | $333M | $49,018 | $123 |
| 2022 | 118 | 170,364 | $7.46B | $178M | $368M | $32,237 | $106 |
| 2021 | 120 | 171,400 | $9.17B | $176M | $347M | $44,598 | $141 |
| 2020 | 121 | 174,903 | $8.23B | $137M | $314M | $40,293 | $120 |
| 2019 | 124 | 172,261 | $7.78B | $235M | $321M | $34,569 | $92.46 |
| 2018 | 133 | 150,901 | $7.02B | $166M | $307M | $29,718 | $95.69 |
| 2017 | 136 | 155,450 | $7.74B | $241M | $294M | $34,315 | $78.97 |
| 2016 | 134 | 155,363 | $6.90B | $193M | $272M | $32,574 | $67.32 |
| 2015 | 143 | 188,084 | $7.60B | $173M | $262M | $30,887 | $59.11 |
| 2014 | 141 | 202,314 | $7.98B | $169M | $257M | $34,229 | $58.86 |
| 2013 | 145 | 191,328 | $7.70B | $170M | $235M | $32,169 | $50.31 |
| 2012 | 155 | 210,015 | $7.39B | $250M | $237M | $28,212 | $43.35 |
| 2011 | 161 | 222,132 | $6.77B | $258M | $238M | $26,794 | $45.78 |
| 2010 | 162 | 206,420 | $6.23B | $186M | $190M | $25,026 | $54.47 |
| 2009 | 177 | 234,674 | $6.30B | $228M | $228M | $22,465 | $31.16 |
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 89 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 89 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Burlington Stores Savings Plan | Burlington Coat Factory Warehouse Corporation | NJ | DC | 70,632 | $457M | $6,470 | $217 | $10.50 |
| Shaw Industries Group, Inc. Retirement Savings Plan | Shaw Industries Group, Inc. | GA | DC | 19,575 | $1.74B | $89,044 | $2,140 | $113 |
| Mohawk Industries Retirement Plan 1 | Mohawk Carpet, LLC | GA | DC | 12,056 | $274M | $22,743 | $876 | $60.66 |
| The Milliken Retirement Plan | Milliken & Company | SC | DC | 9,782 | $1.35B | $138,070 | $2,735 | $76.98 |
| Mohawk Industries Retirement Plan 2 | Mohawk Carpet, LLC | GA | DC | 9,251 | $983M | $106,265 | $2,237 | $15.35 |
| Freudenberg Companies 401(k) Savings Plan | Freudenberg Household Products LP | IL | DC | 3,757 | $345M | $91,933 | $4,256 | $36.51 |
| Albany International Corp. Prosperity Plus Savings Plan | Albany International Corp. | NH | DC | 3,074 | $481M | $156,592 | $5,264 | $97.23 |
| Elevate Textiles 401(k) Retirement Plan | Elevate Textiles, Inc. | NC | DC | 3,032 | $232M | $76,438 | $1,855 | $80.66 |
| Invista Pension Plan for Certain Grandfathered Employees | Inv Management Services, LLC | KS | DB | 2,720 | $363M | $133,392 | — | $78.68 |
| Burlington Stores Puerto Rico Savings Plan | Burlington Coat Factory Warehouse Corporation | NJ | DC | 2,707 | $1.9M | $710 | $41 | $1.46 |
| Parkdale, Incorporated Retirement Plan | Parkdale Mills, Inc. | NC | DC | 2,655 | $77.8M | $29,292 | $1,286 | $91.27 |
| Fruit of the Loom 401(k) Retirement Savings Plan | Union Underwear Company, Inc. | KY | DC | 2,309 | $258M | $111,764 | $3,397 | $59.97 |
| Interface, Inc. Savings and Investment Plan | Interface, Inc. | GA | DC | 1,976 | $192M | $97,276 | $2,377 | $107 |
| The Shurtape Technologies Profit Sharing and Retirement Savings Plan | Shurtape Technologies LLC | NC | DC | 1,766 | $141M | $79,776 | $2,906 | $134 |
| Pension Plan of Renfro Corporation | Renfro Corporation | NC | DB | 1,598 | $31.3M | $19,609 | $3,098 | $140 |
| Renfro Retirement Savings Plan | Renfro Brands LLC | NC | DC | 1,501 | $44.2M | $29,447 | $882 | $75.12 |
| Meridian Industries, Inc. Retirement Plan | Meridian Industries, Inc. | WI | DC | 1,458 | $94.8M | $65,042 | $1,302 | $130 |
| The Tranzonic Companies Retirement Savings Plan | The Tranzonic Companies | OH | DC | 1,404 | $55.0M | $39,202 | $1,164 | $126 |
| Stahls' Inc. Employees' Salary Savings Plan | Stahls' Inc. | MI | DC | 1,315 | $71.8M | $54,604 | $1,152 | $172 |
| Standard Textile 401(k) Profit Sharing Plan | Standard Textile Co., Inc. | OH | DC | 1,154 | $185M | $159,923 | $2,607 | $85.08 |
| Gentex Corporation Retirement Plan | Gentex Corporation | PA | DC | 1,145 | $93.7M | $81,839 | $2,100 | $196 |
| Mountville Mills 401(k) Profit Sharing Plan | Mountville Mills, Inc. | GA | DC | 1,144 | $45.1M | $39,462 | $3,865 | $91.63 |
| U.S. Cotton, LLC Retirement Savings Plan | U.S. Cotton, LLC | NC | DC | 1,063 | $34.0M | $32,016 | $915 | $71.45 |
| Deroyal Employees' Savings & Retirement Plan | Deroyal Industries, Inc. | TN | DC | 953 | $107M | $111,921 | $2,824 | $59.66 |
| Astenjohnson Retirement Savings Plan | Astenjohnson, Inc. | SC | DC | 770 | $167M | $216,688 | $3,745 | $180 |
| Local 413 Pension Trust Fund | Board of Trustees Local 413 Pension Trust Fund | NY | DB | 759 | −$14.8M | — | — | $201 |
| Ruggable 401(k) Plan | Ruggable, LLC | CA | DC | 748 | $13.6M | $18,228 | $2,016 | $103 |
| Contec, Inc. 401(k) Profit Sharing Plan | Contec, Inc. | SC | DC | 718 | $46.9M | $65,323 | $2,514 | $245 |
| Precision Fabrics Group, Inc. 401(k) Plan | Precision Fabrics Group, Inc. | NC | DC | 618 | $37.7M | $61,067 | $1,485 | $254 |
| Inman Mills 401(k) Retirement Savings Plan | Inman Mills | SC | DC | 567 | $16.5M | $29,168 | $268 | $10.97 |
| Universal Fibers, Inc. Associates Savings Plan | Universal Fibers, Inc. | VA | DC | 516 | $24.2M | $46,995 | $902 | $219 |
| American & Efird Employees' Pension Plan | American & Efird LLC | NC | DB | 511 | $36.1M | $70,657 | $15,754 | $499 |
| JB Martin Company Employees Retirement Savings Plan | JB Martin Company | SC | DC | 511 | $8.4M | $16,497 | $0 | $23.02 |
| York Design Group 401(k) Plan | York Wallcoverings, Inc. | PA | DC | 493 | $45.6M | $92,459 | $1,844 | $95.99 |
| Spinrite Intermediate Holdings 401(k) Profit Sharing Plan & Trust | Spinrite Intermediate Holdings | NC | DC | 483 | $7.6M | $15,694 | $831 | $95.46 |
| Tietex International, Ltd., 401(k) Retirement Savings Plan | Tietex International Ltd. | SC | DC | 454 | $28.9M | $63,651 | $0 | $52.18 |
| Anchor Industries, Inc. 401(k) Plan | Anchor Industries, Inc. | IN | DC | 429 | $21.8M | $50,753 | $1,213 | $186 |
| Retirement Savings Plan for Employees of Westpoint Home LLC | Westpoint Home LLC | NY | DC | 422 | $23.5M | $55,743 | $1,018 | $73.85 |
| Barnhardt Manufacturing Company 401(k) Plan | Barnhardt Manufacturing Company | NC | DC | 419 | $39.2M | $93,437 | $6,496 | $133 |
| Fenner Dunlop Retirement and Savings Plan | Fenner Dunlop Americas, Inc. | PA | DC | 386 | $46.0M | $119,296 | $4,193 | $317 |
By plan size
By state
Questions and answers
How many retirement plans are there in textile product mills?
89 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 116 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 product mills?
The median defined contribution plan reported $59,218 in net assets per participant (middle half of plans: $33,081 to $95,410); 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 product mills?
The median defined contribution plan received $1,612 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 product mills?
Among defined contribution plans that report any Schedule C compensation, the median was $126 per participant and 0.23% 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.