Defined Benefit (Pension) · DOL Form 5500 · 2023

Elevate Textiles, Inc. Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
128
Participants Small participant base
37th
Percentile by assets National rank
$25,809
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Retirement System of Burlington Industries LLC and Affiliated Companies · Sponsored by Elevate Textiles, Inc. · North Carolina · Manufacturing

$3M in assets, 128 participants

Elevate Textiles, Inc.'s Retirement System of Burlington Industries LLC and Affiliated Companies reported $3M in total assets and 128 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,838 in Manufacturing (18,722 peers)

Coverage in North Carolina

Retirement System of Burlington Industries LLC and Affiliated Companies covers 128 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $3M.

#3,838
in Manufacturing (18,722 peers)
-13.5%
assets change YoY

The plan reported a net loss of $497K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement System of Burlington Industries LLC and Affiliated Companies's mid-pack asset rank among Manufacturing and all filers

Retirement System of Burlington Industries LLC and Affiliated Companies vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,303,555 37th percentile higher than 37% 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

Retirement System of Burlington Industries LLC and Affiliated Companies 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. Retirement System of Burlington Industries LLC and Affiliated Companies sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement System of Burlington Industries LLC and Affiliated Companies reported net income rose from -$670K in the plan year 2022 filing to -$497K in the plan year 2023 filing.
  • Retirement System of Burlington Industries LLC and Affiliated Companies end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Retirement System of Burlington Industries LLC and Affiliated Companies reported participants fell from 146 in the plan year 2022 filing to 128 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 330596831 · Elevate Textiles, Inc. PY 2023 · Defined Benefit (Pension)

Retirement System of Burlington Industries LLC and Affiliated Companies · $3M · 128 · 37th

  • RANK $3M
  • PHOTO 128
  • IND 37th
  • EOY Defined Benefit (Pension)
  • 5500 near Keiretsu Forum Cash Balance Plan
  • ASSETS ind #3838

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 Manufacturing retirement plans → · Plans in North Carolina →

Retirement System of Burlington Industries LLC and Affiliated Companies in the asset neighbourhood

Rosen Law, LLC Cash Balance PlanRosen Law, LLC Cash Balance …$3MKeiretsu Forum Cash Balance PlanKeiretsu Forum Cash Balance …$3MNj Best Ob/Gym LLC. Retirement Plan and TrustNj Best Ob/Gym LLC. Retireme…$3MRetirement System of Burlington Industries LLC and Affiliated CompaniesRetirement System of Burling…$3MLakeside Manufacturing, Inc. Employees' Pension PlanLakeside Manufacturing, Inc.…$3M
End-of-year total assets ($M) among Retirement System of Burlington Industries LLC and Affiliated Companies and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$497K
Employer EIN330596831
Plan Effective Date1942-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elevate Textiles, Inc.)

Sponsor-wide plan assets over time

All Elevate Textiles, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$235M 14.26546168504094% vs 2022
2024 filing year
$200M$210M$220M$230M$240M 202220232024 $205M $235M ▲ +14.3%
Year Plans Participants Total Assets
2022 2 2,636 $205M
2023 2 2,688 $223M
2024 2 2,423 $235M

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement System of Burlington Industries LLC and Affiliated Companies vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Retirement System of Burlington Industries LLC and Affiliated Companies, Total assets ($B): 0.003303555 · Participants: 128Retirement System of Burlington Industries LLC and Affiliated CompaniesHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Retirement System of Burlington Industries LLC and Affiliated Companies vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Retirement System of Burlington Industries LLC and Affiliated Companies side-by-side with 3 peers →

Retirement System of Burlington Industries LLC and Affiliated Companies's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Keiretsu Forum Cash Balance Plan in CA ($3M); by covered participants it is The Seeing Eye, Inc. Pension Plan in NJ (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Retirement System of Burlington Industries LLC and Affiliated Companies assets move in 2023? ▼
Retirement System of Burlington Industries LLC and Affiliated Companies pulled back noticeably - down 13.5% during 2023, from $4M to $3M. Reported net income was -$497K.
How have Elevate Textiles, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elevate Textiles, Inc.'s sponsor-wide assets grew 14.3%, from $205M to $235M.
Which Defined Benefit (Pension) plans are similar in size to Retirement System of Burlington Industries LLC and Affiliated Companies? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Keiretsu Forum Cash Balance Plan in CA ($3M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement System of Burlington Industries LLC and Affiliated Companies? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Seeing Eye, Inc. Pension Plan in NJ (128 participants, $39M 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 330596831.

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.