401(k) · DOL Form 5500 · 2022

Solmet Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
44
Participants Small participant base
49th
Percentile by assets National rank
$105,164
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Solmet Technologies, Inc. 401(k) Plan · Sponsored by Solmet Technologies, Inc. · Ohio · Manufacturing

$5M in assets, 44 participants

Solmet Technologies, Inc.'s Solmet Technologies, Inc. 401(k) Plan reported $5M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 49th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,706 in Manufacturing (20,602 peers)

2022 asset change

Solmet Technologies, Inc. 401(k) Plan pulled back noticeably 14.6% in 2022 ($5M → $5M) for 44 participants.

#6,706
in Manufacturing (20,602 peers)
-14.6%
assets change YoY

The plan reported a net loss of $789K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solmet Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Solmet Technologies, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,627,203 49th percentile higher than 49% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Solmet Technologies, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solmet Technologies, Inc. 401(k) Plan is a small filing (44 participants) on this national headcount ladder.

DOL schedule card

Filing strip 341499502 · Solmet Technologies, Inc. PY 2022 · 401(k)

Solmet Technologies, Inc. 401(k) Plan · $5M · 44 · 49th

  • ASSETS $5M
  • ASSETS 44
  • ASSETS 49th
  • ASSETS 401(k)
  • ASSETS near Corneal Consultants of Indiana, P.C. 401(k) Profit Sharing Plan
  • ASSETS ind #6706

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Ohio →

Solmet Technologies, Inc. 401(k) Plan in the asset neighbourhood

Solmet Technologies, Inc. 401(k) PlanSolmet Technologies, Inc. 40…$5MCorneal Consultants of Indiana, P.C. 401(k) Profit Sharing PlanCorneal Consultants of India…$5MPlainfield Trucking, Inc. 401(k) Profit Sharing PlanPlainfield Trucking, Inc. 40…$5MStone Plastics and Manufacturing Inc 401(k) PlanStone Plastics and Manufactu…$5MRise Residential, LLC Retirement Savings PlanRise Residential, LLC Retire…$5M
End-of-year total assets ($M) among Solmet Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Solmet Technologies, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Solmet Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.4993467976226675% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $4.63M $4.97M ▲ +7.3%
Year Plans Participants Total Assets
2022 1 44 $5M
2023 1 58 $6M
2024 1 63 $5M

2022 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$789K
Employer EIN341499502
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Solmet Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Solmet Technologies, Inc. 401(k) Plan, Total assets ($B): 0.004627203 · Participants: 44Solmet Technologies, Inc. 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Solmet Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Solmet Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Corneal Consultants of Indiana, P.C. 401(k) Profit Sharing Plan in IN ($5M); by covered participants it is Jrp Childrens Services, Inc. Profit Sharing Plan in MN (44 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Solmet Technologies, Inc. 401(k) Plan assets move in 2022?
Solmet Technologies, Inc. 401(k) Plan pulled back noticeably - down 14.6% during 2022, from $5M to $5M. Reported net income was -$789K.
How have Solmet Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Solmet Technologies, Inc.'s sponsor-wide assets grew 7.5%, from $5M to $5M.
Which 401(k) plans are similar in size to Solmet Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Corneal Consultants of Indiana, P.C. 401(k) Profit Sharing Plan in IN ($5M, 39 participants).
Which 401(k) plans cover a similar participant headcount to Solmet Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Jrp Childrens Services, Inc. Profit Sharing Plan in MN (44 participants, $4M in assets).