Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan — Form 5500 plan (Daramic, LLC)
Plain-English plan 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, Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan is a benefit plan reported by Daramic, LLC under EIN 57-1006869 and plan number 004. The latest loaded filing year is 2023. The filing reports 199 participants and $19,858,907 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Daramic, LLC
- EIN
- 57-1006869
- Plan number
- 004
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
- Participants
- 199
- End-of-year plan assets
- $19,858,907
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 199 | H, C | 20240923092555NAL0015184624002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,858,907
- Net assets (EOY)
- $19,858,907
- Net assets (BOY)
- $17,568,657
Income & contributions
- Employer contributions
- $546,890
- Participant contributions
- $592,404
- Total contributions
- $1,146,150
- Total income / additions
- $3,476,613
Expenses & distributions
- Benefits paid
- $1,151,038
- Administrative expenses
- $15,709
- Total expenses
- $1,186,363
- Net increase / (decrease)
- $2,290,250
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $8,082 | $0 | 2023 |
| Renaissance Benefit Advisors Group | INVESTMENT ADVISOR | $7,627 | not reported in the loaded dataset | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Daramic, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Charlotte, NC
- Transamerica Retirement Solutions — Schedule C compensation
- Renaissance Benefit Advisors Group — Schedule C compensation
- National Financial Services — Schedule C compensation