401(k) · DOL Form 5500 · 2023

Scitec, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
199
Participants Below avg headcount
84th
Percentile by assets National rank
$223,850
Avg per participant Above avg balance/head
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Official DOL plan name: Scitec, Inc. 401(k) Retirement Plan · Sponsored by Scitec, Inc. · New Jersey · Professional & Technical Services

$45M in assets, 199 participants

Scitec, Inc.'s Scitec, Inc. 401(k) Retirement Plan reported $45M in total assets and 199 participants in its 2023 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.

  • #17,330 in Professional & Technical Services (20,321 peers)

Coverage in New Jersey

Scitec, Inc. 401(k) Retirement Plan covers 199 participants in New Jersey, about 24% of the average New Jersey filer (state average ~844 per filing). Assets: $45M.

#17,330
in Professional & Technical Services (20,321 peers)
+39.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Scitec, Inc. 401(k) Retirement Plan's outsized position by total assets

Scitec, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$44,546,146 Top 16% higher than 84% 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

Scitec, Inc. 401(k) Retirement 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. Scitec, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Scitec, Inc. 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Scitec, Inc. 401(k) Retirement Plan end-of-year assets rose from $32M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Scitec, Inc. 401(k) Retirement Plan reported participants rose from 154 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 222255328 · Scitec, Inc. PY 2023 · 401(k)

Scitec, Inc. 401(k) Retirement Plan · $45M · 199 · 84th

  • PHOTO $45M
  • PHOTO 199
  • PHOTO 84th
  • PHOTO 401(k)
  • PHOTO near Management Solutions 401(k) Plan
  • PHOTO ind #17330

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 Professional & Technical Services retirement plans → · Plans in New Jersey →

Scitec, Inc. 401(k) Retirement Plan in the asset neighbourhood

Scitec, Inc. 401(k) Retirement PlanScitec, Inc. 401(k) Retireme…$45MManagement Solutions 401(k) PlanManagement Solutions 401(k) …$45MVilla Lighting Supply Company Profit Sharing PlanVilla Lighting Supply Compan…$45MZocdoc Retirement Savings PlanZocdoc Retirement Savings Pl…$45MPanorama Eye Care 401(k) and Profit Sharing PlanPanorama Eye Care 401(k) and…$45M
End-of-year total assets ($M) among Scitec, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$45M
Net Income$13M
Employer EIN222255328
Plan Effective Date2003-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scitec, Inc.)

Sponsor-wide plan assets over time

All Scitec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$104M 225.08002590691314% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $32M $104M ▲ +225.0%
Year Plans Participants Total Assets
2022 1 154 $32M
2023 2 506 $59M
2024 2 610 $104M

Nearby 401(k) Plans in New Jersey

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

Scitec, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Scitec, Inc. 401(k) Retirement Plan, Total assets ($B): 0.044546146 · Participants: 199Scitec, Inc. 401(k) Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Scitec, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Scitec, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Scitec, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Management Solutions 401(k) Plan in CO ($45M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($45M here).

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Scitec, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Scitec, Inc. 401(k) Retirement Plan surged - up 39.3% during 2023, from $32M to $45M. Reported net income was $13M.
How have Scitec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scitec, Inc.'s sponsor-wide assets grew 225.1%, from $32M to $104M.
Where does Scitec, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Scitec, Inc. 401(k) Retirement Plan ranks in the 84th 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 Scitec, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Management Solutions 401(k) Plan in CO ($45M, 1,512 participants).
Which 401(k) plans cover a similar participant headcount to Scitec, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K 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 222255328.

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.