401(k) · DOL Form 5500 · 2022

Global Textile Alliance, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
239
Participants Below avg headcount
59th
Percentile by assets National rank
$30,723
Avg per participant Low balance/head
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Official DOL plan name: Global Textile Alliance, Inc. 401(k) Plan · Sponsored by Global Textile Alliance, Inc. · North Carolina · Wholesale Trade

$7M in assets, 239 participants

Global Textile Alliance, Inc.'s Global Textile Alliance, Inc. 401(k) Plan reported $7M in total assets and 239 participants in its 2022 DOL Form 5500 filing, ranking in the 59th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,343 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Global Textile Alliance, Inc. 401(k) Plan covers 239 participants in North Carolina, about 29% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#3,343
in Wholesale Trade (6,843 peers)
-14.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Global Textile Alliance, Inc. 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Global Textile Alliance, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,342,697 Top 41% higher than 59% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Global Textile Alliance, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Global Textile Alliance, Inc. 401(k) Plan sits mid-pack in the medium band (239 participants).

Plan-year Form 5500 strip

Filing strip 562266852 · Global Textile Alliance, Inc. PY 2022 · 401(k)

Global Textile Alliance, Inc. 401(k) Plan · $7M · 239 · 59th

  • PCT $7M
  • PCT 239
  • PCT 59th
  • PCT 401(k)
  • PCT near Eac 401(k) Plan
  • PCT ind #3343

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in North Carolina →

Global Textile Alliance, Inc. 401(k) Plan in the asset neighbourhood

Global Textile Alliance, Inc. 401(k) PlanGlobal Textile Alliance, Inc…$7MEac 401(k) Plan$7MSkybeam, LLC Dba Rise Broadband 401(k) PlanSkybeam, LLC Dba Rise Broadb…$7MChelus, Herdzik, Speyer & Monte, P.C. 401(k) PlanChelus, Herdzik, Speyer & Mo…$7MParagon Communications, Inc. 401(k) Profit Sharing Plan & TrustParagon Communications, Inc.…$7M
End-of-year total assets ($M) among Global Textile Alliance, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN562266852
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Global Textile Alliance, Inc.)

Sponsor-wide plan assets over time

All Global Textile Alliance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 0.24063365273005272% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M 202220232024 $7.34M $7.33M ▼ -0.1%
Year Plans Participants Total Assets
2022 1 239 $7M
2023 1 220 $8M
2024 1 177 $7M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Global Textile Alliance, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Global Textile Alliance, Inc. 401(k) Plan, Total assets ($B): 0.007342697 · Participants: 239Global Textile Alliance, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Global Textile Alliance, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Global Textile Alliance, Inc. 401(k) Plan side-by-side with 3 peers →

Global Textile Alliance, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Eac 401(k) Plan in FL ($7M); by covered participants it is Njoy 401(k) Plan in AZ (239 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (239 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Global Textile Alliance, Inc. 401(k) Plan assets move in 2022? ▼
Global Textile Alliance, Inc. 401(k) Plan pulled back noticeably - down 14.1% during 2022, from $9M to $7M. Reported net income was -$1M.
How have Global Textile Alliance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Global Textile Alliance, Inc.'s sponsor-wide assets declined 0.2%, from $7M to $7M.
Which 401(k) plans are similar in size to Global Textile Alliance, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eac 401(k) Plan in FL ($7M, 72 participants).
Which 401(k) plans cover a similar participant headcount to Global Textile Alliance, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Njoy 401(k) Plan in AZ (239 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 562266852.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.