Plain-English plan 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, Textile Management Associates, Inc. 401(K) Plan is a benefit plan reported by Textile Management Associates, Inc. under EIN 58-2428248 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,751 participants and $32,699,811 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,699,811
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,699,811
- Net assets (BOY)
- $26,409,567
Income & contributions
- Employer contributions
- $408,947
- Participant contributions
- $2,389,510
- Total contributions
- $3,437,945
- Total income / additions
- $8,119,448
Expenses & distributions
- Benefits paid
- $1,697,916
- Administrative expenses
- $30,243
- Total expenses
- $1,829,204
- Net increase / (decrease)
- $6,290,244