401(k) · DOL Form 5500 · 2022

Daramic, LLC 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
153
Participants Small participant base
75th
Percentile by assets National rank
$114,828
Avg per participant Below avg balance/head
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Official DOL plan name: Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan · Sponsored by Daramic, LLC · North Carolina · Manufacturing

$18M in assets, 153 participants

Daramic, LLC's Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan reported $18M in total assets and 153 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,487 in Manufacturing (20,602 peers)

Coverage in North Carolina

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan covers 153 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $18M.

#13,487
in Manufacturing (20,602 peers)
-31.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan's outsized position by total assets

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs every filed plan by assets

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

$17,568,657 Top 25% higher than 75% 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

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan sits mid-pack in the medium band (153 participants).

Form 5500 schedule snapshot

Filing strip 571006869 · Daramic, LLC PY 2022 · 401(k)

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan · $18M · 153 · 75th

  • EOY $18M
  • EOY 153
  • EOY 75th
  • EOY 401(k)
  • EOY near Field Aerospace Retirement Savings Plan
  • EOY ind #13487

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 North Carolina →

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan in the asset neighbourhood

Daramic, LLC Hourly Employees' Enhanced Retirement Savings PlanDaramic, LLC Hourly Employee…$18MField Aerospace Retirement Savings PlanField Aerospace Retirement S…$18MHmtd & Affiliates 401(k) Retirement PlanHmtd & Affiliates 401(k) Ret…$18MBrescome Barton, Inc. Retirement & Savings Plan for Liquor Sales Union Local 2-DBrescome Barton, Inc. Retire…$18MAshley Furniture Homestore 401(k) PlanAshley Furniture Homestore 4…$18M
End-of-year total assets ($M) among Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$18M
Net Income-$8M
Employer EIN571006869
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daramic, LLC)

Sponsor-wide plan assets over time

All Daramic, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$10M 42.37975048405806% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $17.6M $10.1M ▼ -42.4%
Year Plans Participants Total Assets
2022 1 153 $18M
2023 1 150 $20M
2024 1 125 $10M

Nearby 401(k) Plans in North Carolina

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

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan, Total assets ($B): 0.017568657 · Participants: 153Daramic, LLC Hourly Employees' Enhanced Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan side-by-side with 3 peers →

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Field Aerospace Retirement Savings Plan in OH ($18M); by covered participants it is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 participants); asset peers above are excluded.

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 Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan assets move in 2022? ▼
Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan contracted severely - down 31.1% during 2022, from $25M to $18M. Reported net income was -$8M.
How have Daramic, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Daramic, LLC's sponsor-wide assets declined 42.4%, from $18M to $10M.
Where does Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Field Aerospace Retirement Savings Plan in OH ($18M, 148 participants).
Which 401(k) plans cover a similar participant headcount to Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 571006869.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.