401(k) · DOL Form 5500 · 2023

US Conec Ltd. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
335
Participants Below avg headcount
78th
Percentile by assets National rank
$82,585
Avg per participant Below avg balance/head
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Official DOL plan name: US Conec Investment Plan · Sponsored by US Conec Ltd. · North Carolina · Manufacturing

$28M in assets, 335 participants

US Conec Ltd.'s US Conec Investment Plan reported $28M in total assets and 335 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,015 in Manufacturing (18,722 peers)

Coverage in North Carolina

US Conec Investment Plan covers 335 participants in North Carolina, about 41% of the average North Carolina filer (state average ~819 per filing). Assets: $28M.

#13,015
in Manufacturing (18,722 peers)
+13.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

US Conec Investment Plan's outsized position by total assets

US Conec Investment Plan vs every filed plan by assets

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

$27,665,939 Top 22% higher than 78% of 127,068 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 2023

US Conec Investment 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. US Conec Investment Plan sits mid-pack in the medium band (335 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • US Conec Investment Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • US Conec Investment Plan reported participants rose from 141 in the plan year 2022 filing to 335 in the plan year 2023 filing.
  • US Conec Investment Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 561775843 · US Conec Ltd. PY 2023 · 401(k)

US Conec Investment Plan · $28M · 335 · 78th

  • PCT $28M
  • PCT 335
  • PCT 78th
  • PCT 401(k)
  • PCT near Exotic Rubber & Plastics Corp. 401(k) Plan
  • PCT ind #13015

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 North Carolina →

US Conec Investment Plan in the asset neighbourhood

US Conec Investment Plan$28MExotic Rubber & Plastics Corp. 401(k) PlanExotic Rubber & Plastics Cor…$28MCarl Buddig and Company Union Employee Deferred Benefit PlanCarl Buddig and Company Unio…$28MOptimax Systems, Inc. 401(k) Profit Sharing PlanOptimax Systems, Inc. 401(k)…$28MExagrid Systems, Inc. 401(k) PlanExagrid Systems, Inc. 401(k)…$28M
End-of-year total assets ($M) among US Conec Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN561775843
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (US Conec Ltd.)

Sponsor-wide plan assets over time

All US Conec Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 41.113707763192494% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $24.4M $34.4M ▲ +41.1%
Year Plans Participants Total Assets
2022 1 141 $24M
2023 1 335 $28M
2024 1 307 $34M

Nearby 401(k) Plans in North Carolina

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

US Conec Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants US Conec Investment Plan, Total assets ($B): 0.027665939 · Participants: 335US Conec Investment PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
US Conec Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Exotic Rubber & Plastics Corp. 401(k) Plan in MI ($28M); by covered participants it is Moore Sonic Management, Inc 401(k) Plan in OK (335 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (335 participants); asset peers above are excluded.

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 US Conec Investment Plan assets move in 2023?
US Conec Investment Plan grew at a solid clip - up 13.4% during 2023, from $24M to $28M. Reported net income was $3M.
How have US Conec Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), US Conec Ltd.'s sponsor-wide assets grew 41.1%, from $24M to $34M.
Where does US Conec Investment Plan rank by assets among Form 5500 filers?
US Conec Investment Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to US Conec Investment Plan?
Among 401(k) plans in other states, the closest by assets is Exotic Rubber & Plastics Corp. 401(k) Plan in MI ($28M, 248 participants).
Which 401(k) plans cover a similar participant headcount to US Conec Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Moore Sonic Management, Inc 401(k) Plan in OK (335 participants, $79K in assets).