401(k) · DOL Form 5500 · 2023

Global Textile Alliance, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
220
Participants Below avg headcount
54th
Percentile by assets National rank
$37,101
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

$8M in assets, 220 participants

Global Textile Alliance, Inc.'s Global Textile Alliance, Inc. 401(k) Plan reported $8M in total assets and 220 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #2,825 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Global Textile Alliance, Inc. 401(k) Plan covers 220 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#2,825
in Wholesale Trade (6,309 peers)
+11.2%
assets growth YoY

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 2023 · DOL Form 5500

$8,162,272 Top 46% higher than 54% of 127,068 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 2023

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

Plan-year 2023 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 (220 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Global Textile Alliance, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $820K in the plan year 2023 filing.
  • Global Textile Alliance, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Global Textile Alliance, Inc. 401(k) Plan reported participants fell from 239 in the plan year 2022 filing to 220 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 562266852 · Global Textile Alliance, Inc. PY 2023 · 401(k)

Global Textile Alliance, Inc. 401(k) Plan · $8M · 220 · 54th

  • ASSETS $8M
  • ASSETS 220
  • ASSETS 54th
  • ASSETS 401(k)
  • ASSETS near Drilling Tools International, Inc. 401(k) Savings Plan
  • ASSETS ind #2825

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…$8MDrilling Tools International, Inc. 401(k) Savings PlanDrilling Tools International…$8MConmy Feste Ltd. 401(k) Profit Sharing PlanConmy Feste Ltd. 401(k) Prof…$8MTechnical Chemical Company 401(k) Retirement PlanTechnical Chemical Company 4…$8MArc Retirement Plan$8M
End-of-year total assets ($M) among Global Textile Alliance, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$820K
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. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Global Textile Alliance, Inc. 401(k) Plan, Total assets ($B): 0.008162272 · Participants: 220Global Textile Alliance, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings 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 Drilling Tools International, Inc. 401(k) Savings Plan in TX ($8M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Global Textile Alliance, Inc. 401(k) Plan grew at a solid clip - up 11.2% during 2023, from $7M to $8M. Reported net income was $820K.
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 Drilling Tools International, Inc. 401(k) Savings Plan in TX ($8M, 231 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 Dennelisse Corporation 401(k) Plan in NY (220 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.