401(k) · DOL Form 5500 · 2024

Elmet Technologies LLC 401(k) Plan

Data updated 2026-08-25

$99M
Total assets Below avg plan size
406
Participants Below avg headcount
90th
Percentile by assets National rank
$243,232
Avg per participant Above avg balance/head
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Official DOL plan name: Elmet Technologies Retirement Plan · Sponsored by Elmet Technologies LLC · Maine · Manufacturing

$99M in assets, 406 participants

Elmet Technologies LLC's Elmet Technologies Retirement Plan reported $99M in total assets and 406 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,238 in Manufacturing (17,777 peers)

Where Elmet Technologies Retirement Plan sits by assets

Elmet Technologies Retirement Plan sits in the top 10% of all filed plans by assets, $99M for 406 participants (~$243,232/participant), up 926.4% in 2024.

#15,238
in Manufacturing (17,777 peers)
+926.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elmet Technologies Retirement Plan's outsized position by total assets

Elmet Technologies Retirement Plan vs every filed plan by assets

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

$98,752,327 Top 10% higher than 90% 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

Elmet Technologies Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elmet Technologies Retirement Plan sits mid-pack in the medium band (406 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Elmet Technologies Retirement Plan end-of-year assets rose from $10M in the plan year 2023 filing to $99M in the plan year 2024 filing.
  • Elmet Technologies Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Elmet Technologies Retirement Plan reported participants rose from 157 in the plan year 2023 filing to 406 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 472668452 · Elmet Technologies LLC PY 2024 · 401(k)

Elmet Technologies Retirement Plan · $99M · 406 · 90th

  • BOY $99M
  • BOY 406
  • BOY 90th
  • BOY 401(k)
  • BOY near Joby Aero, Inc. 401(k) Plan
  • BOY ind #15238

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 Maine →

Elmet Technologies Retirement Plan in the asset neighbourhood

Agua Caliente Band of Cahuilla Indians/Spa Hotel & Casino 401(k) PlanAgua Caliente Band of Cahuil…$99MElmet Technologies Retirement PlanElmet Technologies Retiremen…$99MJoby Aero, Inc. 401(k) Plan$99MThe Hain Celestial Group 401(k) PlanThe Hain Celestial Group 401…$99MSunopta Foods Inc. 401(k) PlanSunopta Foods Inc. 401(k) Pl…$99M
End-of-year total assets ($M) among Elmet Technologies Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$99M
Net Income-$3M
Employer EIN472668452
Plan Effective Date2015-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elmet Technologies LLC)

Sponsor-wide plan assets over time

All Elmet Technologies LLC plans reported in each filing year

Latest sponsor-wide plan assets
$99M 1048.9662398042556% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $8.59M $98.8M ▲ +1049.6%
Year Plans Participants Total Assets
2022 1 179 $9M
2023 1 157 $10M
2024 1 406 $99M

Nearby 401(k) Plans in Maine

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

Elmet Technologies Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Elmet Technologies Retirement Plan, Total assets ($B): 0.098752327 · Participants: 406Elmet Technologies Retirement PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Elmet Technologies Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Elmet Technologies Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Joby Aero, Inc. 401(k) Plan in CA ($99M); by covered participants it is Corsa Coal Napp Division 401(k) Retirement Savings Plan in PA (406 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($99M here).

Similar participant headcount

Nearest other-state filings by covered participants (406 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 Elmet Technologies Retirement Plan assets move in 2024?
Elmet Technologies Retirement Plan surged - up 926.4% during 2024, from $10M to $99M. Reported net income was -$3M.
How have Elmet Technologies LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Elmet Technologies LLC's sponsor-wide assets grew 1049.0%, from $9M to $99M.
Where does Elmet Technologies Retirement Plan rank by assets among Form 5500 filers?
Elmet Technologies Retirement Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Elmet Technologies Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Joby Aero, Inc. 401(k) Plan in CA ($99M, 1,271 participants).
Which 401(k) plans cover a similar participant headcount to Elmet Technologies Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Corsa Coal Napp Division 401(k) Retirement Savings Plan in PA (406 participants, $33M in assets).