401(k) · DOL Form 5500 · 2022

Cortec Corporation 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
157
Participants Small participant base
67th
Percentile by assets National rank
$70,679
Avg per participant Below avg balance/head
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Official DOL plan name: Cortec Corporation 401(k) Plan · Sponsored by Cortec Corporation · Minnesota · Manufacturing

$11M in assets, 157 participants

Cortec Corporation's Cortec Corporation 401(k) Plan reported $11M in total assets and 157 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #11,285 in Manufacturing (20,602 peers)

Coverage in Minnesota

Cortec Corporation 401(k) Plan covers 157 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#11,285
in Manufacturing (20,602 peers)
-11.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cortec Corporation 401(k) Plan's outsized position by total assets

Cortec Corporation 401(k) Plan vs every filed plan by assets

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

$11,096,525 Top 33% higher than 67% 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

Cortec Corporation 401(k) 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. Cortec Corporation 401(k) Plan sits mid-pack in the medium band (157 participants).

Published 5500 schedule card

Filing strip 411526115 · Cortec Corporation PY 2022 · 401(k)

Cortec Corporation 401(k) Plan · $11M · 157 · 67th

  • PHOTO $11M
  • PHOTO 157
  • PHOTO 67th
  • PHOTO 401(k)
  • PHOTO near Point Blank Enterprises, Inc. 401(k) Plan
  • PHOTO ind #11285

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 Minnesota →

Cortec Corporation 401(k) Plan in the asset neighbourhood

Cortec Corporation 401(k) PlanCortec Corporation 401(k) Pl…$11MPoint Blank Enterprises, Inc. 401(k) PlanPoint Blank Enterprises, Inc…$11MCommunity Solutions, Inc. 401(k) Profit-Sharing PlanCommunity Solutions, Inc. 40…$11MDigestive Disease Clinic 401(k) Profit Sharing PlanDigestive Disease Clinic 401…$11MTzero Group, Inc. 401(k) Plan$11M
End-of-year total assets ($M) among Cortec Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$1M
Employer EIN411526115
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cortec Corporation)

Sponsor-wide plan assets over time

All Cortec Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 41.71060760012706% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.1M $15.7M ▲ +41.6%
Year Plans Participants Total Assets
2022 1 157 $11M
2023 1 151 $14M
2024 1 154 $16M

Nearby 401(k) Plans in Minnesota

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

Cortec Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Cortec Corporation 401(k) Plan, Total assets ($B): 0.011096525 · Participants: 157Cortec Corporation 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Cortec Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Cortec Corporation 401(k) Plan side-by-side with 3 peers →

Cortec Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Point Blank Enterprises, Inc. 401(k) Plan in FL ($11M); by covered participants it is We Transport Inc. Salaried 401(k) Plan in NY (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Cortec Corporation 401(k) Plan assets move in 2022? ▼
Cortec Corporation 401(k) Plan pulled back noticeably - down 11.7% during 2022, from $13M to $11M. Reported net income was -$1M.
How have Cortec Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cortec Corporation's sponsor-wide assets grew 41.7%, from $11M to $16M.
Which 401(k) plans are similar in size to Cortec Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Point Blank Enterprises, Inc. 401(k) Plan in FL ($11M, 1,344 participants).
Which 401(k) plans cover a similar participant headcount to Cortec Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is We Transport Inc. Salaried 401(k) Plan in NY (157 participants, N/A 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 411526115.

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.