401(k) · DOL Form 5500 · 2023

Danchem Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size: 316
Participants Below avg headcount: 79th
Percentile by assets National rank: $92,484
Avg per participant Below avg balance/head

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Official DOL plan name: Ascent Industries Co. 401(k) Plan · Sponsored by Danchem Technologies, Inc. · Illinois · Professional & Technical Services

$29M in assets, 316 participants

Danchem Technologies, Inc.'s Ascent Industries Co. 401(k) Plan reported $29M in total assets and 316 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

#16,113 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Ascent Industries Co. 401(k) Plan covers 316 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $29M.

#16,113
in Professional & Technical Services (20,321 peers): +208.3%
assets growth YoY: 0.3×
vs typical plan assets (national mean)

Ascent Industries Co. 401(k) Plan's outsized position by total assets

Ascent Industries Co. 401(k) Plan vs every filed plan by assets

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

$29,225,031 Top 21% higher than 79% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ascent Industries Co. 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. Ascent Industries Co. 401(k) Plan sits mid-pack in the medium band (316 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Form 5500 schedule snapshot

Filing strip 570426694 · Danchem Technologies, Inc. PY 2023 · 401(k)

Ascent Industries Co. 401(k) Plan · $29M · 316 · 79th

TYPE $29M
NET 316
BOOK 79th
VS-ST 401(k)
BOY near Vivent Health 401(k) Plan
SCH ind #16113

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 Professional & Technical Services retirement plans → · Plans in Illinois →

End-of-year total assets ($M) among Ascent Industries Co. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)	$9M
Net Assets (End of Year)	$29M
Net Income	$1M
Employer EIN	570426694
Plan Effective Date	2016-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Danchem Technologies, Inc.)

Latest sponsor-wide plan assets: $30M; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	401	N/A
2023	1	316	$29M
2024	1	490	$30M

Nearby 401(k) Plans in Illinois

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

Ascent Industries Co. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Ascent Industries Co. 401(k) Plan side-by-side with 3 peers →

Ascent Industries Co. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Vivent Health 401(k) Plan in WI ($29M); by covered participants it is Akin Ford 401(k) Employees Savings Plan in GA (316 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Vivent Health 401(k) Plan (WI) $29M · 422
Birdsall, Voss & Associates, Inc. Employees' 401(k) Retirement Plan (WI) $29M · 156
Patreon 401(k) Plan (CA) $29M · 341
Arrowhead Central Credit Union 401(k) Plan (CA) $29M · 481

Similar participant headcount

Nearest other-state filings by covered participants (316 participants); asset peers above are excluded.

Akin Ford 401(k) Employees Savings Plan (GA) 316 · 0 off
Unitus Community Credit Union 401(k) Plan (OR) 316 · 0 off
4life Research, LLC 401(k) Plan (UT) 316 · 0 off
Equity Prime Mortgage, LLC 401(k) Profit Sharing Plan & Trust (GA) 316 · 0 off

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 Ascent Industries Co. 401(k) Plan assets move in 2023? ▼

Ascent Industries Co. 401(k) Plan surged - up 208.3% during 2023, from $9M to $29M. Reported net income was $1M.

Where does Ascent Industries Co. 401(k) Plan rank by assets among Form 5500 filers? ▼

Ascent Industries Co. 401(k) Plan ranks in the 79th 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 Ascent Industries Co. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Vivent Health 401(k) Plan in WI ($29M, 422 participants).

Which 401(k) plans cover a similar participant headcount to Ascent Industries Co. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Akin Ford 401(k) Employees Savings Plan in GA (316 participants, $11M 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 570426694.