Parkdale Mills, Inc. 401(k) Plan: Login, Facts & Contact Information

Parkdale Mills, Inc. 401(k) Plan Facts

Plan name
PARKDALE, INCORPORATED RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PARKDALE MILLS, INC.
Participants
3,090 (1,188 active employees)
Former employees with a balance
1,271
Plan assets
$77,769,136 at Dec 31, 2024
Average account balance
$30,414 across 2,557 accounts
Employer contributions
$1,528,005 in plan year 2024 (32% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1984
✓ 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 Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.78 million went into the plan in contributions, $1.53 million of it from the employer (32%).
  • $8.85 million was paid out to participants.
  • Investment and other income added $9.36 million.
  • Administrative expenses were $242,314, about $95 per account.

How the Parkdale Mills, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,005$78.1 million$2.45 million$6.89 million
20203,573$75.8 million$1.88 million$17.1 million
20213,382$84.4 million$2.38 million$8.08 million
20223,858$70.2 million$2.30 million$7.76 million
20234,032$72.9 million$1.75 million$13.6 million
20243,090$77.8 million$1.53 million$8.85 million

Parkdale Mills, Inc. 401(k) Contact Information

Phone
704-874-5024
Mailing address
531 COTTON BLOSSOM CIRCLE, GASTONIA NC 28054
Plan sponsor
PARKDALE MILLS, INC.
Employer identification number (EIN)
56-0348490
Plan number
333

Questions about the Parkdale Mills, Inc. 401(k)

Does Parkdale Mills, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.53 million, 32% of all contributions.

Does the Parkdale Mills, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Parkdale Mills, Inc 401(k) plan?

3,090 participants at the start of plan year 2024, 1,188 of them active employees, and 1,271 former employees who still had money in the plan.

What is the average 401(k) balance at Parkdale Mills, Inc?

About $30,414 per account: $77.8 million in plan assets across 2,557 accounts with a balance at the end of plan year 2024.

Who manages the Parkdale Mills, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Empower 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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