Dak Americas Llc 401(k) Plan: Login, Facts & Contact Information

Dak Americas Llc 401(k) Plan Facts

Plan name
DAK AMERICAS LLC SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALPEK POLYESTER USA, LLC
Participants
1,825 (1,217 active employees)
Former employees with a balance
421
Plan assets
$256,167,859 at Dec 31, 2024
Average account balance
$158,520 across 1,616 accounts
Employer contributions
$7,823,989 in plan year 2024 (46% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 2001
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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $17.2 million went into the plan in contributions, $7.82 million of it from the employer (46%).
  • $36.7 million was paid out to participants.
  • Investment and other income added $35.2 million.
  • Administrative expenses were $342,523, about $212 per account.

How the Dak Americas Llc 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,644$197.4 million$5.59 million$23.5 million
20201,696$231.9 million$8.02 million$13.1 million
20211,737$258.3 million$9.06 million$19.9 million
20221,814$207.1 million$9.23 million$28.9 million
20231,896$239.1 million$8.76 million$21.8 million
20241,825$256.2 million$7.82 million$36.7 million

Dak Americas Llc 401(k) Contact Information

Phone
704-940-4966
Mailing address
7621 LITTLE AVE SUITE 500, CHARLOTTE NC 282268370
Plan sponsor
ALPEK POLYESTER USA, LLC
Employer identification number (EIN)
52-2343187
Plan number
001

Questions about the Dak Americas Llc 401(k)

Does Dak Americas Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.82 million, 46% of all contributions.

Does the Dak Americas Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Dak Americas Llc 401(k) plan?

1,825 participants at the start of plan year 2024, 1,217 of them active employees, and 421 former employees who still had money in the plan.

What is the average 401(k) balance at Dak Americas Llc?

About $158,520 per account: $256.2 million in plan assets across 1,616 accounts with a balance at the end of plan year 2024.

Who manages the Dak Americas Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Dak Americas Llc. How do I access my 401(k)?

Your account stays with Principal 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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