401(k) · DOL Form 5500 · 2022

Daedong-USA, Inc. 401(k) Plan

Data updated 2026-05-15

$7M
Total assets
162
Participants
58th
Percentile by assets
$43,873
Avg per participant
PlainRetire home → About this data

Sponsored by Daedong-USA, Inc. · North Carolina · Wholesale Trade

What the 2022 filing shows

Daedong-USA, Inc. 401(k) Plan holds $7M for 162 participants - about $43,873 per participant, above the median plan by assets, down 9.6% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
162
covered participants
58th
percentile by assets (of 139,258 plans)
$43,873
avg assets per participant

The plan reported a net loss of $756K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
North Carolina
Industry
Wholesale Trade

401(k) · DOL Form 5500 · 2022

What the Filing Says About Daedong-USA, Inc. 401(k) Plan

Daedong-USA, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Daedong-USA, Inc., headquartered in North Carolina. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 162 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 631105933, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $8M at the beginning of 2022 to $7M at year-end - down 9.6%. Net assets (after liabilities) closed the year at $7M, with reported net income of -$756K 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.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Daedong-USA, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income-$756K
Plan Type401(k)
Employer EIN631105933
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Compare Daedong-USA, Inc. 401(k) Plan side-by-side with 3 peers →

Frequently Asked Questions

How much money is in the Daedong-USA, Inc. 401(k) Plan? ▼
As of the 2022 Form 5500 filing, Daedong-USA, Inc. 401(k) Plan holds $7M in total assets with 162 participants. It is sponsored by Daedong-USA, Inc..
What type of plan is Daedong-USA, Inc. 401(k) Plan? ▼
Daedong-USA, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2004-01-01. The plan is filed with the U.S. Department of Labor under EIN 631105933.
Who sponsors the Daedong-USA, Inc. 401(k) Plan? ▼
Daedong-USA, Inc. 401(k) Plan is sponsored by Daedong-USA, Inc., located in North Carolina. The sponsor's EIN is 631105933 and the plan operates in the Wholesale Trade industry.
How did Daedong-USA, Inc. 401(k) Plan perform in 2022? ▼
Daedong-USA, Inc. 401(k) Plan pulled back noticeably - down 9.6% during 2022, moving from $8M to $7M in total assets. Net income was -$756K.

What this filing means

Ways to act on Daedong-USA, Inc. 401(k) Plan's numbers.

  • By total assets, Daedong-USA, Inc. 401(k) Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 631105933.

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.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.