Plan Snapshot
- Plan Sponsor: Shaw Industries Group, INC.
- Sponsor EIN: 581032521
- Sponsor Address: 616 EAST WALNUT AVENUE, DALTON, GA, 30722
- Plan Type: 401(k)
- Total Participants: 16,672
- Total Assets: $1.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 16,672 | $1.7B | $35.7M | $94.3M |
| 2023 | 17,692 | $1.6B | $36.1M | $95.1M |
| 2022 | 18,966 | $1.5B | $37.4M | $96.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $1,692,379 | $47,746 | $1,740,125 |
| PUTNAM ADVISORY | INVESTMENT ADVISORY | $384,186 | — | $384,186 |
| CREATIVE PLANNING, LLC | INV ADV, PARTICIPANTS | — | $86,946 | $86,946 |
| WARREN AVERETT | ACCOUNTANT | — | $15,550 | $15,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, LLC — INV ADV, PARTICIPANTS
- WARREN AVERETT — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,226,807
- Estimated Expense Ratio: 0.128% 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 |
|---|---|---|---|---|---|
| 2024 | $2,076,565 | $384,186 | $1,692,379 | — | — |
| 2023 | $1,528,841 | — | $1,528,841 | — | — |
| 2022 | $1,427,637 | — | $1,427,637 | — | — |