Department of Labor filing

ELEVATE TEXTILES, INC.

ELEVATE TEXTILES 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 16, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

44filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,855

Reported employer contributions per active participant.

Higher than about 47% of comparable plans
#People in the filing
2,100

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$73 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 38% of comparable plans
Investment performance
Not available

Plan assets changed 5.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202444out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions47th percentileTypical peer $2,064 · based on 4,083 comparable plans
Lower reported administrative expense38th percentileTypical peer $59 · based on 4,062 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ELEVATE TEXTILES, INC. reported $3,895,406 in employer contributions across the plan and 2,100 active participants. That works out to $1,855 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy69%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 12.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 3.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context44/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$3,895,406
Participant contributions
$7,020,356
Other contributions
$393,894
Employer share of reported contributions
35.7%
Beginning assets
$219,392,597
Ending assets
$231,760,911
Ending net assets
$231,760,911
Ending liabilities
$0
Total income
$39,396,490
Total expenses
$27,028,176
Administrative expenses
$244,529
Participant loans
$2,599,975

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,654
2023
$1,735
2024
$1,855
Plan-paid administrative expenses per participant
2022
$71
2023
$70
2024
$73
Active participants
2022
2,560
2023
2,331
2024
2,100
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$1,8552,100231.8M20250916135727NAL0001210963001
2023$1,7352,331219.4M20240924081321NAL0012514881001
2022$1,6542,560201.6M20231005080535NAL0028653056001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.1%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
330596831-018

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2005
Industry
Manufacturing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLSPRING GLOBAL INVESTMENTS2024Not reportedunknown
AMERICAN FUNDS2024Not reportedunknown
BAIRD FUNDS2024Not reportedunknown
BLACKROCK FUNDS2024Not reportedunknown
FIDELITY INVESTMENTS INST2024Not reportedunknown
GREAT GRAY TRUST COMPANY LLC2024Not reportedunknown
JANUS FUNDS2024Not reportedunknown
METROPOLITAN WEST2024Not reportedunknown
PRINCIPAL INVESTMENTS2024Not reportedunknown
VANGUARD MARKETING CORP2024Not reportedunknown

Current plan terms

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Filing ACK_ID20250916135727NAL0001210963001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗