Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Polymershapes LLC 401(k) Plan

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

Sponsored by Polymershapes LLC · North Carolina · Wholesale Trade

What the 2023 filing shows

Polymershapes LLC 401(k) Plan holds $43M for 507 participants — about $84,345 per participant, down 14.0% over the 2022 plan year.

$43M
total plan assets (2022 EOY)
507
covered participants
$84,345
avg assets per participant
-14.0%
assets change YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$43M
Participants
507
Industry
Wholesale Trade

What the Filing Says About Polymershapes LLC 401(k) Plan

Polymershapes LLC 401(k) Plan is a Profit Sharing retirement plan sponsored by Polymershapes LLC, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 507 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 010695945, and the plan has been effective since 2017-02-09. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $50M at the beginning of 2022 to $43M at year-end — a decline of 14.0%. Net assets (after liabilities) closed the year at $43M, with reported net income of $-6,947,511 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)$50M
Total Assets (End of Year)$43M
Net Assets (End of Year)$43M
Net Income$-6,947,511
Plan TypeProfit Sharing
Employer EIN010695945
Plan Effective Date2017-02-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Polymershapes LLC)

Year Plans Participants Total Assets
2022 1 507 $43M
2023 1 539 $53M
2024 1 562 $59M

Nearby Profit Sharing Plans in North Carolina

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Frequently Asked Questions

How much money is in the Polymershapes LLC 401(k) Plan?
As of the 2022 Form 5500 filing, Polymershapes LLC 401(k) Plan holds $43M in total assets with 507 participants. It is sponsored by Polymershapes LLC.
What type of plan is Polymershapes LLC 401(k) Plan?
Polymershapes LLC 401(k) Plan is a Profit Sharing plan. It has been effective since 2017-02-09. The plan is filed with the U.S. Department of Labor under EIN 010695945.
Who sponsors the Polymershapes LLC 401(k) Plan?
Polymershapes LLC 401(k) Plan is sponsored by Polymershapes LLC, located in North Carolina. The sponsor's EIN is 010695945 and the plan operates in the Wholesale Trade industry.
How did Polymershapes LLC 401(k) Plan perform in 2022?
Polymershapes LLC 401(k) Plan declined by 14.0% during 2022, moving from $50M to $43M in total assets. Net income was $-6,947,511.
Where can I find official filings for Polymershapes LLC 401(k) Plan?
Official Form 5500 filings for Polymershapes LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010695945 or plan name at efast.dol.gov.
How does Polymershapes LLC 401(k) Plan compare to other plans?
You can compare Polymershapes LLC 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 010695945.

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.