2023 Form 5500 filing — Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240923092555NAL0015184624002) for Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan, reported by Daramic, LLC under EIN 57-1006869 and plan number 004. It reports 199 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923092555NAL0015184624002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Daramic, LLC
- EIN
- 57-1006869
- Plan number
- 004
- Location
- Charlotte, NC
- Participants
- 199
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,858,907
- Net assets (EOY)
- $19,858,907
- Employer contributions
- $546,890
- Participant contributions
- $592,404
- Total income / additions
- $3,476,613
- Benefits paid
- $1,151,038
- Administrative expenses
- $15,709
- Total expenses
- $1,186,363
- Net increase / (decrease)
- $2,290,250
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $8,082 | $0 |
| Renaissance Benefit Advisors Group | INVESTMENT ADVISOR | $7,627 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |