Cormetech, Inc. 401(k) Plan: Login, Facts & Contact Information

Cormetech, Inc. 401(k) Plan Facts

Plan name
CORMETECH, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CORMETECH, INC.
Participants
481 (362 active employees)
Former employees with a balance
114
Plan assets
$39,177,328 at Dec 31, 2024
Average account balance
$89,651 across 437 accounts
Employer contributions
$998,499 in plan year 2024 (32% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.09 million went into the plan in contributions, $998,499 of it from the employer (32%).
  • $2.66 million was paid out to participants.
  • Investment and other income added $4.94 million.
  • Administrative expenses were $43,117, about $99 per account.

How the Cormetech, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019419$26.4 million$663,256$3.37 million
2020470$28.2 million$716,889$4.45 million
2021488$33.4 million$656,902$769,599
2022404$27.4 million$754,707$3.21 million
2023426$33.9 million$977,591$1.29 million
2024481$39.2 million$998,499$2.66 million

Cormetech, Inc. 401(k) Contact Information

Phone
984-260-8947
Mailing address
5000 INTERNATIONAL DR, DURHAM NC 27712
Plan sponsor
CORMETECH, INC.
Employer identification number (EIN)
16-1345038
Plan number
001

Questions about the Cormetech, Inc. 401(k)

Does Cormetech, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $998,499, 32% of all contributions.

Does the Cormetech, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cormetech, Inc 401(k) plan?

481 participants at the start of plan year 2024, 362 of them active employees, and 114 former employees who still had money in the plan.

What is the average 401(k) balance at Cormetech, Inc?

About $89,651 per account: $39.2 million in plan assets across 437 accounts with a balance at the end of plan year 2024.

Who manages the Cormetech, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cormetech, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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