401(k) · DOL Form 5500 · 2024

Solmet Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
63
Participants Small participant base
42nd
Percentile by assets National rank
$78,956
Avg per participant Below avg balance/head
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Official DOL plan name: Solmet Technologies, Inc. 401(k) Plan · Sponsored by Solmet Technologies, Inc. · Ohio · Manufacturing

$5M in assets, 63 participants

Solmet Technologies, Inc.'s Solmet Technologies, Inc. 401(k) Plan reported $5M in total assets and 63 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,436 in Manufacturing (17,777 peers)

2024 asset change

Solmet Technologies, Inc. 401(k) Plan pulled back noticeably 13.3% in 2024 ($6M → $5M) for 63 participants.

#4,436
in Manufacturing (17,777 peers)
-13.3%
assets change YoY

The plan reported a net loss of $762K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solmet Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Solmet Technologies, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,974,213 42nd percentile higher than 42% of 123,620 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 2024

Solmet Technologies, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solmet Technologies, Inc. 401(k) Plan is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Solmet Technologies, Inc. 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to -$762K in the plan year 2024 filing.
  • Solmet Technologies, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Solmet Technologies, Inc. 401(k) Plan reported participants rose from 58 in the plan year 2023 filing to 63 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 341499502 · Solmet Technologies, Inc. PY 2024 · 401(k)

Solmet Technologies, Inc. 401(k) Plan · $5M · 63 · 42nd

  • 5500 $5M
  • ASSETS 63
  • PCT 42nd
  • EIN 401(k)
  • RANK near Clarke & Rush Mechanical, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #4436

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 Ohio →

Solmet Technologies, Inc. 401(k) Plan in the asset neighbourhood

Solmet Technologies, Inc. 401(k) PlanSolmet Technologies, Inc. 40…$5MClarke & Rush Mechanical, Inc. 401(k) Profit Sharing PlanClarke & Rush Mechanical, In…$5MTameron Gulf Coast 401(k) PlanTameron Gulf Coast 401(k) Pl…$5MCudahy Dental Associates, S.C. Profit Sharing PlanCudahy Dental Associates, S.…$5MNonami Enterprises, Inc. Salary Deferral PlanNonami Enterprises, Inc. Sal…$5M
End-of-year total assets ($M) among Solmet Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Solmet Technologies, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Solmet Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.4993467976226675% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $4.63M $4.97M ▲ +7.3%
Year Plans Participants Total Assets
2022 1 44 $5M
2023 1 58 $6M
2024 1 63 $5M

2024 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$762K
Employer EIN341499502
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Solmet Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Solmet Technologies, Inc. 401(k) Plan, Total assets ($B): 0.004974213 · Participants: 63Solmet Technologies, Inc. 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Solmet Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Solmet Technologies, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Clarke & Rush Mechanical, Inc. 401(k) Profit Sharing Plan in CA ($5M); by covered participants it is Democratic Party of Wisconsin 401(k) Profit Sharing Plan & Trust in WI (63 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (63 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Solmet Technologies, Inc. 401(k) Plan assets move in 2024? ▼
Solmet Technologies, Inc. 401(k) Plan pulled back noticeably - down 13.3% during 2024, from $6M to $5M. Reported net income was -$762K.
How have Solmet Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Solmet Technologies, Inc.'s sponsor-wide assets grew 7.5%, from $5M to $5M.
Which 401(k) plans are similar in size to Solmet Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Clarke & Rush Mechanical, Inc. 401(k) Profit Sharing Plan in CA ($5M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Solmet Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Democratic Party of Wisconsin 401(k) Profit Sharing Plan & Trust in WI (63 participants, $678K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341499502.

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.