401(k) · DOL Form 5500 · 2023

Cortec LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets: 189
Participants Below avg headcount: 73rd
Percentile by assets National rank: $105,975
Avg per participant Below avg balance/head

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Official DOL plan name: Cortec 401(k) Plan · Sponsored by Cortec LLC · Louisiana · Manufacturing

$20M in assets, 189 participants

Cortec LLC's Cortec 401(k) Plan reported $20M in total assets and 189 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

#11,707 in Manufacturing (18,722 peers)

Coverage in Louisiana

Cortec 401(k) Plan covers 189 participants in Louisiana, about 38% of the average Louisiana filer (state average ~495 per filing). Assets: $20M.

#11,707
in Manufacturing (18,722 peers): +37.4%
assets growth YoY

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

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$20,029,245 Top 27% higher than 73% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cortec 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cortec 401(k) Plan sits mid-pack in the medium band (189 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Cortec 401(k) Plan reported net income rose from -$879K in the plan year 2022 filing to $5M in the plan year 2023 filing.
Cortec 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $20M in the plan year 2023 filing.
Cortec 401(k) Plan reported participants rose from 155 in the plan year 2022 filing to 189 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 460504921 · Cortec LLC PY 2023 · 401(k)

Cortec 401(k) Plan · $20M · 189 · 73rd

SCH $20M
EBSA 189
PART 73rd
TYPE 401(k)
NET near Profitsolv Purchaser, Inc. 401(k) Plan
BOOK ind #11707

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 Louisiana →

End-of-year total assets ($M) among Cortec 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Louisiana filing particulars

Total Assets (Beginning of Year)	$15M
Net Assets (End of Year)	$20M
Net Income	$5M
Employer EIN	460504921
Plan Effective Date	2005-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Cortec LLC)

Latest sponsor-wide plan assets: $25M 73.15816089311068% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	155	$15M
2023	1	189	$20M
2024	1	202	$25M

Nearby 401(k) Plans in Louisiana

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

Cortec 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Lumen 401(k) Savings Plan $7.1B · 24,522
Savings Plan of Entergy Corporation and Subsidiaries $3.8B · 10,136
Ochsner Clinic Foundation 401(k) Plan $2.3B · 31,221
Louisiana Children's Medical Center Retirement and Savings Plan $867M · 12,934
Amedisys Holding, LLC 401(k) Plan $849M · 20,100

Compare Cortec 401(k) Plan side-by-side with 3 peers →

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

Outside Louisiana, the nearest 401(k) by assets is Profitsolv Purchaser, Inc. 401(k) Plan in TN ($20M); by covered participants it is Physician's Medical Center, LLC 401(k) Plan in TX (189 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Profitsolv Purchaser, Inc. 401(k) Plan (TN) $20M · 254
Guardian Alarm Company 401(k) Profit Sharing Plan & Trust (MI) $20M · 462
Lightspeed Commerce 401(k) Plan (NY) $20M · 418
My Nest Egg 401(k) Plan (RI) $20M · 1,732

Similar participant headcount

Nearest other-state filings by covered participants (189 participants); asset peers above are excluded.

Physician's Medical Center, LLC 401(k) Plan (TX) 189 · 0 off
Superior Credit Union, Inc. 401(k) Plan and Trust (OH) 189 · 0 off
Superior Forge & Steel Corporation 401(k) Retirement Savings Plan (OH) 189 · 0 off
Hudson Global, Inc. 401(k) Savings Plan (CT) 189 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cortec 401(k) Plan assets move in 2023? ▼

Cortec 401(k) Plan surged - up 37.4% during 2023, from $15M to $20M. Reported net income was $5M.

How have Cortec LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Cortec LLC's sponsor-wide assets grew 73.2%, from $15M to $25M.

Which 401(k) plans are similar in size to Cortec 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Profitsolv Purchaser, Inc. 401(k) Plan in TN ($20M, 254 participants).

Which 401(k) plans cover a similar participant headcount to Cortec 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Physician's Medical Center, LLC 401(k) Plan in TX (189 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460504921.