2023 Form 5500 filing — Elevate Textiles 401(K) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240924081321NAL0012514881001) for Elevate Textiles 401(K) Retirement Plan, reported by Elevate Textiles, Inc. under EIN 33-0596831 and plan number 018. It reports 3,606 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$219.4MReported net assets$219,392,597
Participants3.6K3,606
Provider compensation$251.4K2 Schedule C row(s)$251,450
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240924081321NAL0012514881001
- Plan sponsor
- Elevate Textiles, Inc.
- EIN
- 33-0596831
- Plan number
- 018
- Location
- Charlotte, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$219.4M total assets
Net assets$219.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $219,392,597
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $219,392,597
- Employer contributions
- $4,045,088
- Participant contributions
- $6,897,617
- Total income / additions
- $44,475,917
- Benefits paid
- $26,424,965
- Administrative expenses
- $251,450
- Total expenses
- $26,676,415
- Net increase / (decrease)
- $17,799,502
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| T Rowe Price Rps Inc | NONE | $205,607 | $0 |
| Financial Engines | NONE | $45,843 | not reported in the loaded dataset |