401(k) · DOL Form 5500 · 2022

Contec, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
563
Participants Below avg headcount
84th
Percentile by assets National rank
$60,318
Avg per participant Low balance/head
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Official DOL plan name: Contec, Inc. 401(k) Profit Sharing Plan · Sponsored by Contec, Inc. · South Carolina · Manufacturing

$34M in assets, 563 participants

Contec, Inc.'s Contec, Inc. 401(k) Profit Sharing Plan reported $34M in total assets and 563 participants in its 2022 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #15,950 in Manufacturing (20,602 peers)

Where Contec, Inc. 401(k) Profit Sharing Plan sits by assets

Contec, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $34M for 563 participants (~$60,318/participant), down 13.8% in 2022.

#15,950
in Manufacturing (20,602 peers)
-13.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Contec, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Contec, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$33,958,899 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Contec, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Contec, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (563 participants).

DOL schedule card

Filing strip 570877605 · Contec, Inc. PY 2022 · 401(k)

Contec, Inc. 401(k) Profit Sharing Plan · $34M · 563 · 84th

  • TYPE $34M
  • TYPE 563
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near Jackson Heart Clinic, P.a. 401(k) Plan
  • TYPE ind #15950

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in South Carolina →

Contec, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Contec, Inc. 401(k) Profit Sharing PlanContec, Inc. 401(k) Profit S…$34MJackson Heart Clinic, P.a. 401(k) PlanJackson Heart Clinic, P.a. 4…$34MTax Analysts 401(k) Retirement PlanTax Analysts 401(k) Retireme…$34MAdhesives Research, Inc. Deferred Savings PlanAdhesives Research, Inc. Def…$34MThomas a. Brady Sports Medicine Center P.C. 401(k) Profit Sharing PlanThomas a. Brady Sports Medic…$34M
End-of-year total assets ($M) among Contec, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$34M
Net Income-$5M
Employer EIN570877605
Plan Effective Date1994-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Contec, Inc.)

Sponsor-wide plan assets over time

All Contec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 38.112981813691896% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34M $46.9M ▲ +38.1%
Year Plans Participants Total Assets
2022 1 563 $34M
2023 1 586 $41M
2024 1 632 $47M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Contec, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Contec, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.033958899 · Participants: 563Contec, Inc. 401(k) Profit Sharing PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Contec, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Contec, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Contec, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Jackson Heart Clinic, P.a. 401(k) Plan in MS ($34M); by covered participants it is Iti 401(k) Plan in FL (563 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (563 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Contec, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Contec, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 13.8% during 2022, from $39M to $34M. Reported net income was -$5M.
How have Contec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Contec, Inc.'s sponsor-wide assets grew 38.1%, from $34M to $47M.
Where does Contec, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Contec, Inc. 401(k) Profit Sharing Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Contec, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jackson Heart Clinic, P.a. 401(k) Plan in MS ($34M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Contec, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iti 401(k) Plan in FL (563 participants, $21M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 570877605.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.