Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

American Textile Company, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by American Textile Company, Inc. ยท Pennsylvania ยท Manufacturing

What the 2023 filing shows

American Textile Company, Inc. 401(k) Plan holds $24M for 715 participants - about $33,637 per participant, up 15.0% over the 2024 plan year.

$24M
total plan assets (2024 EOY)
715
covered participants
$33,637
avg assets per participant
+15.0%
assets growth YoY
Total Assets (2023)
$24M
Participants
715
State
Industry
Manufacturing

What the Filing Says About American Textile Company, Inc. 401(k) Plan

American Textile Company, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by American Textile Company, Inc., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 715 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 251461186, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2024 to $24M at year-end โ€” a gain of 15.0%. Net assets (after liabilities) closed the year at $24M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN251461186
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Textile Company, Inc.)

Year Plans Participants Total Assets
2022 1 675 $19M
2023 1 664 $21M
2024 1 715 $24M

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Frequently Asked Questions

How much money is in the American Textile Company, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, American Textile Company, Inc. 401(k) Plan holds $24M in total assets with 715 participants. It is sponsored by American Textile Company, Inc..
What type of plan is American Textile Company, Inc. 401(k) Plan?
American Textile Company, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 251461186.
Who sponsors the American Textile Company, Inc. 401(k) Plan?
American Textile Company, Inc. 401(k) Plan is sponsored by American Textile Company, Inc., located in Pennsylvania. The sponsor's EIN is 251461186 and the plan operates in the Manufacturing industry.
How did American Textile Company, Inc. 401(k) Plan perform in 2024?
American Textile Company, Inc. 401(k) Plan grew by 15.0% during 2024, moving from $21M to $24M in total assets. Net income was $3M.
Where can I find official filings for American Textile Company, Inc. 401(k) Plan?
Official Form 5500 filings for American Textile Company, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 251461186 or plan name at efast.dol.gov.
How does American Textile Company, Inc. 401(k) Plan compare to other plans?
You can compare American Textile Company, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 251461186.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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