401(k) · DOL Form 5500 · 2023

Daramic, LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
150
Participants Small participant base
73rd
Percentile by assets National rank
$132,393
Avg per participant Near avg balance/head
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Official DOL plan name: Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan · Sponsored by Daramic, LLC · North Carolina · Manufacturing

$20M in assets, 150 participants

Daramic, LLC's Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan reported $20M in total assets and 150 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,664 in Manufacturing (18,722 peers)

Coverage in North Carolina

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan covers 150 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $20M.

#11,664
in Manufacturing (18,722 peers)
+13.0%
assets growth YoY

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan's outsized position by total assets

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,858,907 Top 27% higher than 73% 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

Daramic, LLC Hourly Employees' Enhanced Retirement Savings 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. Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan end-of-year assets rose from $18M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan reported participants fell from 153 in the plan year 2022 filing to 150 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 571006869 · Daramic, LLC PY 2023 · 401(k)

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan · $20M · 150 · 73rd

  • EIN $20M
  • EIN 150
  • EIN 73rd
  • EIN 401(k)
  • EIN near International Materials LLC
  • EIN ind #11664

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 →

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan in the asset neighbourhood

Daramic, LLC Hourly Employees' Enhanced Retirement Savings PlanDaramic, LLC Hourly Employee…$20MInternational Materials LLC$20MCatalyst Exhibits, Inc. 401(k) PlanCatalyst Exhibits, Inc. 401(…$20MOrco Block & Hardscape 401(k) and Profit Sharing PlanOrco Block & Hardscape 401(k…$20MMedallion Financial Corp. 401(k) Profit Sharing PlanMedallion Financial Corp. 40…$20M
End-of-year total assets ($M) among Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN571006869
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daramic, LLC)

Sponsor-wide plan assets over time

All Daramic, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$10M 42.37975048405806% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $17.6M $10.1M ▼ -42.4%
Year Plans Participants Total Assets
2022 1 153 $18M
2023 1 150 $20M
2024 1 125 $10M

Nearby 401(k) Plans in North Carolina

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

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan, Total assets ($B): 0.019858907 · Participants: 150Daramic, LLC Hourly Employees' Enhanced Retirement Savings 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
Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan side-by-side with 3 peers →

Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is International Materials LLC in FL ($20M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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 Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan assets move in 2023? ▼
Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan grew at a solid clip - up 13.0% during 2023, from $18M to $20M. Reported net income was $2M.
How have Daramic, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Daramic, LLC's sponsor-wide assets declined 42.4%, from $18M to $10M.
Which 401(k) plans are similar in size to Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is International Materials LLC in FL ($20M, 65 participants).
Which 401(k) plans cover a similar participant headcount to Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (150 participants, $867K 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 571006869.

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.