401(k) · DOL Form 5500 · 2024

Cormetech, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
368
Participants Below avg headcount
81st
Percentile by assets National rank
$106,460
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

$39M in assets, 368 participants

Cormetech, Inc.'s Cormetech, Inc. 401(k) Plan reported $39M in total assets and 368 participants in its 2024 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.

  • #13,088 in Manufacturing (17,777 peers)

Coverage in North Carolina

Cormetech, Inc. 401(k) Plan covers 368 participants in North Carolina, about 45% of the average North Carolina filer (state average ~819 per filing). Assets: $39M.

#13,088
in Manufacturing (17,777 peers)
+15.7%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$39,177,328 Top 19% higher than 81% 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

Cormetech, Inc. 401(k) 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. Cormetech, Inc. 401(k) Plan sits mid-pack in the medium band (368 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cormetech, Inc. 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Cormetech, Inc. 401(k) Plan end-of-year assets rose from $34M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Cormetech, Inc. 401(k) Plan reported participants rose from 339 in the plan year 2023 filing to 368 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 161345038 · Cormetech, Inc. PY 2024 · 401(k)

Cormetech, Inc. 401(k) Plan · $39M · 368 · 81st

  • PHOTO $39M
  • IND 368
  • EOY 81st
  • 5500 401(k)
  • ASSETS near Gpm Investments 401(k) Plan
  • PCT ind #13088

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$39MGpm Investments 401(k) Plan$39MTier 1 Performance Solutions, LLC 401(k) PlanTier 1 Performance Solutions…$39MProcess Displays, LLC 401(k) PlanProcess Displays, LLC 401(k)…$39MPim Brands, Inc. 401(k) Plan$39M
End-of-year total assets ($M) among Cormetech, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$39M
Net Income$5M
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 -20020406080 Total assets ($B) Participants Cormetech, Inc. 401(k) Plan, Total assets ($B): 0.039177328 · Participants: 368Cormetech, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) 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 Gpm Investments 401(k) Plan in VA ($39M); by covered participants it is Waypoint Analytical 401(k) in TN (368 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (368 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 Cormetech, Inc. 401(k) Plan assets move in 2024? ▼
Cormetech, Inc. 401(k) Plan grew sharply - up 15.7% during 2024, from $34M to $39M. Reported net income was $5M.
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 123,622 plans that reported assets for plan year 2024 (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 Gpm Investments 401(k) Plan in VA ($39M, 13,124 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 Waypoint Analytical 401(k) in TN (368 participants, N/A 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 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.