Coats American 401(k) and pension plans

Coats American, Inc., Charlotte, NC. EIN 51-0371432. Annual reports 2009–2024. Also filed as Coats & Clark, Inc.

Coats American, Inc. has 2 active retirement plans on file. The largest is the Coats North America Pension Plan, with 805 participants and $97.9 million in assets in 2024. Principal has been its administrator since 2020.

Active plans: 2
Participants: 1,757
Plan assets: $150 million
401(k) recordkeeper: Vanguard
Plans on file: 3
Industry: Manufacturing

All 3 plans

Active plans first

Coats North America Pension Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 002Employer EIN 51-0371432
Participants (2024): 805
Net assets (2024): $97.9 million
Administered by: PrincipalEarlier: Coats American (2010)
Plan administrator: Coats American, Inc.
14120 Ballantyne Corporate Place, Suite 300
Charlotte, NC 28277
(704) 329-5800As filed for 2024
In effect since: July 1, 1928

Earlier sponsor: Coats & Clark, Inc. (2009–2019).

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	805	$97.9 million	not listed
2023	850	$101 million	Principal
2022	932	$97.8 million	Principal
2021	1,054	$140 million	Principal
2020	2,528	$220 million	Principal
2019	2,699	$206 million	not listed
2018	3,309	$193 million	not listed
2017	3,502	$226 million	not listed
2016	3,609	$215 million	not listed
2015	3,934	$212 million	not listed
2014	3,929	$242 million	not listed
2013	4,269	$229 million	not listed
2012	4,641	$241 million	not listed
2011	4,753	$229 million	not listed
2010	4,791	$224 million	Coats American
2009	5,056	$215 million	not listed

Coats North America Savings and Investment Plan

401(k)Active

Active. The plan filed its annual report for the 2023 plan year.

Plan number: 009Employer EIN 13-4924750
Participants (2023): 952
Net assets (2023): $51.9 million
Recordkeeper: Vanguard2009–2023
Plan administrator: Coats American, Inc.
14120 Ballantyne Corporate Place, Suite 300
Charlotte, NC 28277
(704) 329-5800As filed for 2023
In effect since: July 1, 1984

Plans merged into this one: Coats North America Pension Plan II (2021).

Earlier plan names: Coats North America Savings & Investment Plan.

Year by year, 2009 to 2023

Plan year	Participants	Net assets	Recordkeeper
2023	952	$51.9 million	Vanguard
2022	1,252	$48.7 million	Vanguard
2021	1,323	$62.3 million	Vanguard
2020	1,194	$49.2 million	Vanguard
2019	826	$45.4 million	Vanguard
2018	1,346	$56.1 million	Vanguard
2017	1,635	$66.8 million	Vanguard
2016	1,377	$60.5 million	Vanguard
2015	1,404	$60.2 million	Vanguard
2014	1,422	$64.2 million	Vanguard
2013	1,387	$63.4 million	Vanguard
2012	1,454	$57.0 million	Vanguard
2011	1,462	$52.3 million	Vanguard
2010	1,428	$53.2 million	Vanguard
2009	1,474	$49.1 million	Vanguard

Coats North America Pension Plan II

Pension (defined benefit)Merged

Merged. In 2021 its assets moved to the Coats North America Savings and Investment Plan, sponsored by Coats American, Inc. (EIN 13-4924750, plan 009). Accounts moved with them, so that plan is the one to contact.

Plan number: 003Employer EIN 13-4924750
Administered by: Principal2021
Plan administrator: Coats American, Inc.
14120 Ballantyne Corporate Place, Suite 300
Charlotte, NC 28277
(704) 329-5232As filed for 2021
In effect since: May 3, 2021

If you had money in one of these plans

Call Vanguard (investor.vanguard.com), which runs the Coats North America Savings and Investment Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((704) 329-5800). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.