Plan Snapshot
- Plan Sponsor: Oriental Weavers Usa INC.
- Sponsor EIN: 582012611
- Sponsor Address: 3295 DUG GAP ROAD SW, DALTON, GA, 30720
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 315
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 315 | $11.7M | $0 | $0 |
| 2024 | 291 | $10.2M | $0 | $405,336 |
| 2023 | 207 | $10.6M | $0 | $466,237 |
| 2022 | 350 | $9.8M | $149,042 | $548,825 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ELLIOTT DAVIS, LLC/PLLC | Auditor | $24,960 | — | $24,960 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $9,706 | — | $9,706 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,666
- Estimated Expense Ratio: 0.297% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $585,952 | — | — | $24,960 | — |
| 2024 | $4,900 | — | — | — | — |
| 2023 | $11,720 | — | — | — | — |
| 2022 | $8,407 | — | — | — | — |