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Original filing (PDF)20251014130106NAL0005947698001
COATS AMERICAN, INC.
Form 5500
FILING_RECEIVED
COATS NORTH AMERICA PENSION PLAN
Defined-benefit pension plan
Signals · 2
45% in single holdingNo recordkeeper disclosed
Active participants
147
Accounts w/ balance
0
Plan assets (EOY)
$97.9M
Net assets (EOY)
$97.9M
How this plan invests
This plan
8 pooled trusts
Schedule D
10 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
77
Total plan cost
65
Vendor stack
55
Participation health
100
Knocking points off
- Top holding "Mercer Long Duration Passive Fixed Income Collective Trust" is 45% of plan.
- 51 bps in Schedule C fees — 218% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for COATS AMERICAN, INC..
Plan sponsor
Name
COATS AMERICAN, INC.
EIN
51-0371432
Address
14120 BALLANTYNE CORPORATE PLACE · SUITE 300 · CHARLOTTE, NC · 28277
Phone
(704) 329-5800
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
Audit & trust (Schedule H)
Auditor
GREERWALKER LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsCustodian
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL BANK | 94-1347393 | — | CUSTODIAN | $88K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER | 13-2834414 | — | INVESTMENT MANAGEMENT | $354K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GREENWALKER LLP | 56-1434747 | — | ACCOUNTANT | $29K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CHECKCOATMO MOORE & VAN ALLEN | — | ATLANTA, GA | ACTUARY | $28K | — |
Investments
10 direct securities · 8 pooled funds· $195.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$97.9M
10 holdings
Common Collective Trust
$97.5M
8 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Mercer Long Duration Passive Fixed Income Collective Trust | — | — | $2.4M | $44.3M | 45.3% | |
| MER ACT LNG CORP INV PORT#600 MERCER TRUST COMPANY · EIN 45-3178743 / PN 004 | Common Collective Trust | — | — | $44.3M | 45.3% | |
| Mercer Emerging Markets Equity Collective Trust | — | — | $51.1M | $12.6M | 12.9% | |
| MER LNG STRIPS FX PORT#630 MERCER TRUST COMPANY · EIN 80-6243236 / PN 019 | Common Collective Trust | — | — | $12.6M | 12.9% | |
| Mercer US Small-Mid Cap Equity Collective Trust | — | — | $19.7M | $10.1M | 10.3% | |
| MER US LRG CAP PASS EQ CT#410 MERCER TRUST COMPANY · EIN 03-0566613 / PN 005 | Common Collective Trust | — | — | $10.1M | 10.3% | |
| Mercer Active Long Corporate Investment Portfolio | — | — | $6.8M | $8.7M | 8.9% | |
| MER NON US CORE EQ CT #330 MERCER TRUST COMPANY · EIN 03-0566617 / PN 009 | Common Collective Trust | — | — | $8.7M | 8.9% | |
| Mercer Long Strips Fixed Income Portfolio | — | — | $7.9M | $7.8M | 8.0% | |
| MER ACT INT CR FX INC PORT#350 MERCER TRUST COMPANY · EIN 85-2621954 / PN 048 | Common Collective Trust | — | — | $7.8M | 8.0% | |
| Mercer US Large Cap Passive Equity Collective Trust | — | — | $7.6M | $6.9M | 7.0% | |
| MER LNG DUR PAS FX INC COL#420 MERCER TRUST COMPANY · EIN 26-6700496 / PN 016 | Common Collective Trust | — | — | $6.9M | 7.0% | |
| Mercer Non-US Core Equity Collective Trust | — | — | $9.2M | $4.2M | 4.3% | |
| MER EMRG MKTS EQ CT TR#425 MERCER TRUST COMPANY · EIN 32-6219484 / PN 017 | Common Collective Trust | — | — | $4.2M | 4.3% | |
| Mercer Active Intermediate Credit Fixed Income Portfolio | — | — | $5.3M | $2.8M | 2.8% | |
| MER US SM MID CAP EQ CT MERCER TRUST COMPANY · EIN 03-0566611 / PN 003 | Common Collective Trust | — | — | $2.8M | 2.8% | |
| Principal Deposit Sweep Program | — | — | $300K | $300K | 0.3% | |
| John Hancock Mutual Life Insurance Group Annuity Contract | — | — | $166K | $166K | 0.2% |