Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Daymark 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Daymark Recovery Services, Inc. · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Daymark 401(k) Plan holds $15M for 681 participants — about $21,666 per participant, down 14.6% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
681
covered participants
$21,666
avg assets per participant
-14.6%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
681
Industry
Healthcare & Social Assistance

What the Filing Says About Daymark 401(k) Plan

Daymark 401(k) Plan is a Profit Sharing retirement plan sponsored by Daymark Recovery Services, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 681 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 020707661, and the plan has been effective since 2004-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2022 to $15M at year-end — a decline of 14.6%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-2,530,321 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$17M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-2,530,321
Plan TypeProfit Sharing
Employer EIN020707661
Plan Effective Date2004-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daymark Recovery Services, Inc.)

Year Plans Participants Total Assets
2022 1 681 $15M
2023 1 740 $18M
2024 1 871 $21M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Daymark 401(k) Plan?
As of the 2022 Form 5500 filing, Daymark 401(k) Plan holds $15M in total assets with 681 participants. It is sponsored by Daymark Recovery Services, Inc..
What type of plan is Daymark 401(k) Plan?
Daymark 401(k) Plan is a Profit Sharing plan. It has been effective since 2004-02-01. The plan is filed with the U.S. Department of Labor under EIN 020707661.
Who sponsors the Daymark 401(k) Plan?
Daymark 401(k) Plan is sponsored by Daymark Recovery Services, Inc., located in North Carolina. The sponsor's EIN is 020707661 and the plan operates in the Healthcare & Social Assistance industry.
How did Daymark 401(k) Plan perform in 2022?
Daymark 401(k) Plan declined by 14.6% during 2022, moving from $17M to $15M in total assets. Net income was $-2,530,321.
Where can I find official filings for Daymark 401(k) Plan?
Official Form 5500 filings for Daymark 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 020707661 or plan name at efast.dol.gov.
How does Daymark 401(k) Plan compare to other plans?
You can compare Daymark 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 020707661.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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