Gildan Usa 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Gildan Usa 401(k) Plan Facts (plan year 2017)

Plan name
GILDAN 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GILDAN USA
Participants
3,142 (3,052 active employees)
Former employees with a balance
732
Plan assets
$68,566,502 at Dec 31, 2017
Average account balance
$20,510 across 3,343 accounts
Employer contributions
$2,069,148 in plan year 2017 (20% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Mar 1, 2003
✓ 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 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 15, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $10.5 million went into the plan in contributions, $2.07 million of it from the employer (20%).
  • $7.17 million was paid out to participants.
  • Investment and other income added $8.96 million.
  • Administrative expenses were $253,153, about $76 per account.

How the Gildan Usa 401(k) changed, 2014–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20141,278$51.9 million$1.13 million$4.35 million
20152,278$51.7 million$1.38 million$5.14 million
20162,702$56.4 million$1.64 million$6.57 million
20173,142$68.6 million$2.07 million$7.17 million

Gildan Usa 401(k) Contact Information

Phone
843-606-3600
Mailing address
1980 CLEMENTS FERRY RD, CHARLESTON SC 29492
Plan sponsor
GILDAN USA
Employer identification number (EIN)
20-5049697
Plan number
001

Questions about the Gildan Usa 401(k)

Is the Gildan Usa 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Gildan Usa contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $2.07 million, 20% of all contributions.

Does the Gildan Usa 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Gildan Usa 401(k) plan?

3,142 participants at the start of plan year 2017, 3,052 of them active employees, and 732 former employees who still had money in the plan.

What is the average 401(k) balance at Gildan Usa?

About $20,510 per account: $68.6 million in plan assets across 3,343 accounts with a balance at the end of plan year 2017.

Who manages the Gildan Usa 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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