Plan Snapshot
- Plan Sponsor: U.S. Cotton, LLC
- Sponsor EIN: 850437023
- Sponsor Address: 531 COTTON BLOSSOM CIRCLE, GASTONIA, NC, 28054
- Plan Type: 401(k)
- Total Participants: 955
- Total Assets: $34.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 955 | $34.0M | $873,512 | $1.7M |
| 2023 | 939 | $32.6M | $727,981 | $1.4M |
| 2022 | 1,050 | $29.4M | $871,345 | $1.6M |
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 |
|---|---|---|---|---|
| ARROWOOD & ASSOCIATES, PA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $75,953 | $40,645 | — | — | — |
| 2023 | $85,837 | $41,513 | — | $9,250 | — |
| 2022 | $66,923 | $32,309 | $34,614 | — | — |