William Carter 401(k) match, vesting and fees
What William Carter'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 | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Rsm US 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 283 defined-contribution plans in manufacturing with 5,000 to 9,999 participants.
| William Carter: employer contribution per participant | $1,254 | |
| Peer median | $2,895 |
| William Carter: average balance | $45,814 | |
| Peer median | $115,263 |
| William Carter: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.08% |
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 $290M at the end of plan year 2021 to $318M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 8,196 | $318M | $8.7M | $1,254 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 8,665 | $286M | $8M | $1,040 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 8,749 | $248M | $8.1M | $1,176 | 0.18% | Not published | Form 5500 ↗ |
| 2021 | 7,411 | $290M | $14.7M | $2,178 | 0.19% | Not published | Form 5500 ↗ |
Common questions
Does William Carter match 401(k) contributions?
The match terms for the Carters 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $8.7M in employer contributions, about $1,254 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the William Carter 401(k) match vested?
The vesting schedule for the Carters 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the William Carter 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is The William Carter Company.
I left William Carter. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The William Carter Company, (678) 399-4436) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The William Carter old 401(k) page lists the contacts from every plan filing. Find an old William Carter 401(k)
Data from the public Form 5500 annual reports William Carter 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 William Carter. Not financial advice. Report a correction · Methodology