Duraline Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Duraline Corporation 401(k) Plan Facts (plan year 2021)

Plan name
DURA-LINE CORPORATION 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DURALINE CORPORATION
Participants
1,136 (1,304 active employees)
Former employees with a balance
187
Plan assets
$42,989,398 at Dec 31, 2021
Average account balance
$30,274 across 1,420 accounts
Employer contributions
$3,403,861 in plan year 2021 (38% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Oct 1, 2008
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $8.96 million went into the plan in contributions, $3.40 million of it from the employer (38%).
  • $3.67 million was paid out to participants.
  • Investment and other income added $4.73 million.
  • Administrative expenses were $163,884, about $115 per account.

How the Duraline Corporation 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016796$16.9 million$873,351$1.49 million
2017880$22.1 million$985,009$1.42 million
2018987$22.7 million$1.15 million$1.83 million
2019954$28.5 million$1.23 million$3.24 million
2020959$33.1 million$1.36 million$3.93 million
20211,136$43.0 million$3.40 million$3.67 million

Duraline Corporation 401(k) Contact Information

Phone
865-218-3460
Mailing address
11400 PARKSIDE DR, KNOXVILLE TN 379341917
Plan sponsor
DURALINE CORPORATION
Employer identification number (EIN)
36-4165777
Plan number
002

Questions about the Duraline Corporation 401(k)

Is the Duraline Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Duraline Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $3.40 million, 38% of all contributions.

Does the Duraline Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Duraline Corporation 401(k) plan?

1,136 participants at the start of plan year 2021, 1,304 of them active employees, and 187 former employees who still had money in the plan.

What is the average 401(k) balance at Duraline Corporation?

About $30,274 per account: $43.0 million in plan assets across 1,420 accounts with a balance at the end of plan year 2021.

Who manages the Duraline Corporation 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.

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