Employers › Daramic
Recordkeeping fees per participant · Daramic, LLC Hourly Employees' Enhanced Retirement Savings Plan · plan year 2024
$99.24
Higher than 57% of the 14,075 plans $10 to 50M that report it.
= $8,435 / 85
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009125417NAL0007015361001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009125417NAL0007015361001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$99.24
Higher than 42% of the 24,371 plans $10 to 50M that report it.
= $8,435 / 85
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009125417NAL0007015361001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009125417NAL0007015361001, received 2025-10-09
Administrative expenses per participant
$223.26
Higher than 56% of the 25,098 plans $10 to 50M that report it.
= $18,977 / 85
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009125417NAL0007015361001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009125417NAL0007015361001, received 2025-10-09
Administrative expenses as a share of assets
0.187%
Higher than 33% of the 25,132 plans $10 to 50M that report it.
= $18,977 / $10,123,104
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009125417NAL0007015361001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009125417NAL0007015361001, received 2025-10-09
Employer contributions per participant
$4,443
Higher than 88% of the 24,050 plans $10 to 50M that report it.
= $377,640 / 85
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009125417NAL0007015361001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009125417NAL0007015361001, received 2025-10-09
Employer share of total contributions
41.4%
Higher than 86% of the 24,084 plans $10 to 50M that report it.
= $377,640 / $911,185
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009125417NAL0007015361001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009125417NAL0007015361001, received 2025-10-09
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009125417NAL0007015361001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | DARAMIC, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Plan name | DARAMIC, LLC HOURLY EMPLOYEES' ENHANCED RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Sponsor EIN / plan number | 57-1006869 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Sponsor location | CHARLOTTE, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Industry (business code) | 326100, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Participants, beginning of year | 178 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Active participants | 0 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Participants, end of year | 85 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Participants with an account balance | 85 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total assets, beginning of year | $19,858,907 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total assets, end of year | $10,123,104 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Net assets, end of year | $10,123,104 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total income | $3,149,844 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Net income | $-9,735,803 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Employer contributions | $377,640 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Participant contributions | $458,231 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $75,314 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total contributions | $911,185 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Benefit payments | $12,863,011 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $12,885,647 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Total administrative expenses | $18,977 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Recordkeeping fees | $8,435 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Investment advisory and management fees | $10,542 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Administrative expenses excluding investment management | $8,435 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Held in mutual funds | $7,894,250 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009125417NAL0007015361001, received 2025-10-09 |
| Independent auditor | REHMANN ROBSON LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009125417NAL0007015361001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009125417NAL0007015361001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORD KEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees | $8,435 | yes |
| RENAISSANCE BENEFIT ADVISORS GROUP | INVESTMENT ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $7,267 | no |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009125417NAL0007015361001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $19,858,907 | $10,123,104 | -49.0% |
| Participants with a balance | 175 | 85 | -51.4% |
| Administrative expenses | $15,709 | $18,977 | 20.8% |
| Recordkeeping fees per participant | $46.18 | $99.24 | 114.9% |
| Employer contributions | $546,890 | $377,640 | -30.9% |
Prior filing 20240923092555NAL0015184624002, received 2024-09-23; the plan years are contiguous.
Sponsor name as filed: DARAMIC, LLC; SEC registrant: Daramic, LLC (CIK 1294820, matched by EIN).