Shaw Industries Group, Inc. 401(k) Review & Grade
Shaw Industries Group, Inc. Retirement Savings Plan
Dalton, GAManufacturing17,354 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,056Employer $ per active participant
$5,433Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$1.7BNet plan assets, end of year
$90,797Average balance per account
Score breakdown
- Employer generosity8.0 / 5016th percentile for employer $ per participant
- Low cost8.9 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 35th |
| Employee saving | 25th |
| Peers that auto-enroll | 69% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Shaw Industries Group put in about $2,056 per active participant, below the typical peer ($5,480). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $35,676,044 |
| Participant (employee) contributions | $94,283,753 |
| Other contributions (incl. rollovers in) | $2,284,620 |
| Administrative expenses paid from the plan | $2,076,565 |
| Contract administrator fees | $1,692,379 |
| Investment advisory & management fees | $384,186 |
| Benefits paid out | $212,973,354 |
| Net assets, start / end of year | $1.6B / $1.7B |
| Active participants, start / end of year | 18,036 / 16,672 |
| Participants with account balances | 19,197 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Warren Averett |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $1,740,125 reported compensation |
| Putnam Advisory | $384,186 reported compensation |
| Creative Planning, LLC | $86,946 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916132835NAL0001337155001, received 2025-09-16, EIN 58-1032521, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.