Elevate Textiles, Inc. 401(k) Plan: Login, Facts & Contact Information

Elevate Textiles, Inc. 401(k) Plan Facts

Plan name
ELEVATE TEXTILES 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ELEVATE TEXTILES, INC.
Participants
3,337 (2,100 active employees)
Former employees with a balance
682
Plan assets
$231,760,911 at Dec 31, 2024
Average account balance
$81,348 across 2,849 accounts
Employer contributions
$3,895,406 in plan year 2024 (34% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2005
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.3 million went into the plan in contributions, $3.90 million of it from the employer (34%).
  • $26.8 million was paid out to participants.
  • Investment and other income added $28.1 million.
  • Administrative expenses were $244,529, about $86 per account.

How the Elevate Textiles, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,385$142.4 million$2.09 million$23.8 million
20203,373$225.5 million$1.22 million$44.5 million
20213,728$243.1 million$3.76 million$24.9 million
20223,530$201.6 million$4.24 million$16.9 million
20233,606$219.4 million$4.05 million$26.4 million
20243,337$231.8 million$3.90 million$26.8 million

Elevate Textiles, Inc. 401(k) Contact Information

Phone
336-379-2939
Mailing address
121 W. TRADE ST. SUITE 1700, CHARLOTTE NC 28202
Plan sponsor
ELEVATE TEXTILES, INC.
Employer identification number (EIN)
33-0596831
Plan number
018

Questions about the Elevate Textiles, Inc. 401(k)

Does Elevate Textiles, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.90 million, 34% of all contributions.

Does the Elevate Textiles, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Elevate Textiles, Inc 401(k) plan?

3,337 participants at the start of plan year 2024, 2,100 of them active employees, and 682 former employees who still had money in the plan.

What is the average 401(k) balance at Elevate Textiles, Inc?

About $81,348 per account: $231.8 million in plan assets across 2,849 accounts with a balance at the end of plan year 2024.

Who manages the Elevate Textiles, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Elevate Textiles, Inc. How do I access my 401(k)?

Your account stays with T. Rowe Price after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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