401(k) · DOL Form 5500 · 2023

Cormetech, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
339
Participants Below avg headcount
81st
Percentile by assets National rank
$99,870
Avg per participant Below avg balance/head
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Official DOL plan name: Cormetech, Inc 401(k) Plan · Sponsored by Cormetech, Inc. · North Carolina · Manufacturing

$34M in assets, 339 participants

Cormetech, Inc.'s Cormetech, Inc 401(k) Plan reported $34M in total assets and 339 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,681 in Manufacturing (18,722 peers)

Coverage in North Carolina

Cormetech, Inc 401(k) Plan covers 339 participants in North Carolina, about 41% of the average North Carolina filer (state average ~819 per filing). Assets: $34M.

#13,681
in Manufacturing (18,722 peers)
+23.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$33,855,807 Top 19% higher than 81% of 127,068 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 2023

Cormetech, Inc 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 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 (339 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cormetech, Inc 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Cormetech, Inc 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Cormetech, Inc 401(k) Plan reported participants rose from 292 in the plan year 2022 filing to 339 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 161345038 · Cormetech, Inc. PY 2023 · 401(k)

Cormetech, Inc 401(k) Plan · $34M · 339 · 81st

  • PART $34M
  • TYPE 339
  • NET 81st
  • BOOK 401(k)
  • VS-ST near Interim Healthcare of the Upstate 401(k) Plan
  • BOY ind #13681

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$34MInterim Healthcare of the Upstate 401(k) PlanInterim Healthcare of the Up…$34MThe 401(k) Plan for Salaried Employees of Finch Paper LLCThe 401(k) Plan for Salaried…$34MCareismatic Brands, Inc. 401(k) PlanCareismatic Brands, Inc. 401…$34MEnglund Marine Supply Co., Inc. 401(k) Profit Sharing PlanEnglund Marine Supply Co., I…$34M
End-of-year total assets ($M) among Cormetech, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$34M
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. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Cormetech, Inc 401(k) Plan, Total assets ($B): 0.033855807 · Participants: 339Cormetech, Inc 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Cormetech, Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Cormetech, Inc 401(k) Plan side-by-side with 3 peers →

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 Interim Healthcare of the Upstate 401(k) Plan in SC ($34M); by covered participants it is Simply Storage Management , LLC 401(k) Plan in FL (339 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (339 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Cormetech, Inc 401(k) Plan grew sharply - up 23.7% during 2023, from $27M to $34M. 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 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Interim Healthcare of the Upstate 401(k) Plan in SC ($34M, 640 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 Simply Storage Management , LLC 401(k) Plan in FL (339 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161345038.

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.