Coats American 401(k) match, vesting and fees
What Coats American's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Green Walker LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Coats American: employer contribution per participant | $672 | |
| Peer median | $2,038 |
| Coats American: average balance | $71,799 | |
| Peer median | $72,907 |
| Coats American: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $62.3M at the end of plan year 2021 to $54.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 774 | $54.3M | $508K | $672 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 952 | $51.9M | $755K | $886 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 1,252 | $48.7M | $782K | $692 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 1,323 | $62.3M | $962K | $827 | 0.16% | Not published | Form 5500 ↗ |
Other Coats American plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Coats North America Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Greerwalker LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Coats North America Pension Plan II
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Greenwalker LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Coats American match 401(k) contributions?
The match terms for the Coats North America Savings and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $508K in employer contributions, about $672 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Coats American 401(k) match vested?
The vesting schedule for the Coats North America Savings and Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Coats American 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Coats American, Inc..
I left Coats American. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Coats American, Inc., (704) 329-5800) or the recordkeeper, The Vanguard Group, Inc.. The Coats American old 401(k) page lists the contacts from every plan filing. Find an old Coats American 401(k)
Data from the public Form 5500 annual reports Coats American filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Coats American. Not financial advice. Report a correction · Methodology