401(k) · DOL Form 5500 · 2022

Cormetech, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
292
Participants Below avg headcount
82nd
Percentile by assets National rank
$93,726
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cormetech, Inc 401(k) Plan · Sponsored by Cormetech, Inc. · North Carolina · Manufacturing

$27M in assets, 292 participants

Cormetech, Inc.'s Cormetech, Inc 401(k) Plan reported $27M in total assets and 292 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,247 in Manufacturing (20,602 peers)

Coverage in North Carolina

Cormetech, Inc 401(k) Plan covers 292 participants in North Carolina, about 36% of the average North Carolina filer (state average ~819 per filing). Assets: $27M.

#15,247
in Manufacturing (20,602 peers)
-17.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cormetech, Inc 401(k) Plan's outsized position by total assets

Cormetech, Inc 401(k) Plan vs every filed plan by assets

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

$27,367,934 Top 18% higher than 82% 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

Cormetech, Inc 401(k) 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. Cormetech, Inc 401(k) Plan sits mid-pack in the medium band (292 participants).

EBSA filing schedule strip

Filing strip 161345038 · Cormetech, Inc. PY 2022 · 401(k)

Cormetech, Inc 401(k) Plan · $27M · 292 · 82nd

  • BOOK $27M
  • VS-ST 292
  • BOY 82nd
  • SCH 401(k)
  • EBSA near Ahresty Wilmington Corporation Retirement Savings Plan
  • PART ind #15247

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 →

Cormetech, Inc 401(k) Plan in the asset neighbourhood

Cormetech, Inc 401(k) Plan$27MAhresty Wilmington Corporation Retirement Savings PlanAhresty Wilmington Corporati…$27MSuperior Graphite Co. Employee's Savings PlanSuperior Graphite Co. Employ…$27MAlphatec Spine, Inc. 401(k) PlanAlphatec Spine, Inc. 401(k) …$27MUnipro Foodservice, Inc. Retirement PlanUnipro Foodservice, Inc. Ret…$27M
End-of-year total assets ($M) among Cormetech, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$27M
Net Income-$6M
Employer EIN161345038
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cormetech, Inc.)

Sponsor-wide plan assets over time

All Cormetech, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 43.150476758676774% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.4M $39.2M ▲ +43.1%
Year Plans Participants Total Assets
2022 1 292 $27M
2023 1 339 $34M
2024 1 368 $39M

Nearby 401(k) Plans in North Carolina

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

Cormetech, Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Cormetech, Inc 401(k) Plan, Total assets ($B): 0.027367934 · Participants: 292Cormetech, Inc 401(k) 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
Cormetech, Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Ahresty Wilmington Corporation Retirement Savings Plan in OH ($27M); by covered participants it is Techsource, Inc. 401(k) Profit Sharing Plan in NM (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Cormetech, Inc 401(k) Plan assets move in 2022?
Cormetech, Inc 401(k) Plan declined sharply - down 17.9% during 2022, from $33M to $27M. Reported net income was -$6M.
How have Cormetech, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cormetech, Inc.'s sponsor-wide assets grew 43.2%, from $27M to $39M.
Where does Cormetech, Inc 401(k) Plan rank by assets among Form 5500 filers?
Cormetech, Inc 401(k) Plan ranks in the 82nd 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 Cormetech, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ahresty Wilmington Corporation Retirement Savings Plan in OH ($27M, 548 participants).
Which 401(k) plans cover a similar participant headcount to Cormetech, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Techsource, Inc. 401(k) Profit Sharing Plan in NM (292 participants, $10M in assets).