401(k) · DOL Form 5500 · 2023

Contec, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
586
Participants Below avg headcount
83rd
Percentile by assets National rank
$70,498
Avg per participant Below avg balance/head
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Official DOL plan name: Contec, Inc. 401(k) Profit Sharing Plan · Sponsored by Contec, Inc. · South Carolina · Manufacturing

$41M in assets, 586 participants

Contec, Inc.'s Contec, Inc. 401(k) Profit Sharing Plan reported $41M in total assets and 586 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,302 in Manufacturing (18,722 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, $41M for 586 participants (~$70,498/participant), up 21.7% in 2023.

#14,302
in Manufacturing (18,722 peers)
+21.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$41,312,022 Top 17% higher than 83% 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

Contec, Inc. 401(k) Profit Sharing 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. Contec, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (586 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Contec, Inc. 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Contec, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $34M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Contec, Inc. 401(k) Profit Sharing Plan reported participants rose from 563 in the plan year 2022 filing to 586 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 570877605 · Contec, Inc. PY 2023 · 401(k)

Contec, Inc. 401(k) Profit Sharing Plan · $41M · 586 · 83rd

  • EBSA $41M
  • PART 586
  • TYPE 83rd
  • NET 401(k)
  • BOOK near Southwestern/Great American Inc. Profit Sharing and Employee Savings Plan
  • VS-ST ind #14302

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

Marshall Wace North America LP 401(k) Profit Sharing & TrustMarshall Wace North America …$41MFoxconn Industrial Internet / Pce Paragon Solutions 401(k)Foxconn Industrial Internet …$41MContec, Inc. 401(k) Profit Sharing PlanContec, Inc. 401(k) Profit S…$41MSouthwestern/Great American Inc. Profit Sharing and Employee Savings PlanSouthwestern/Great American …$41MF. a. Davis Company 401(k) Savings PlanF. a. Davis Company 401(k) S…$41M
End-of-year total assets ($M) among Contec, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$41M
Net Income$7M
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. -500005000100001500020000 -1012345 Total assets ($B) Participants Contec, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.041312022 · Participants: 586Contec, Inc. 401(k) Profit Sharing PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue 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 Southwestern/Great American Inc. Profit Sharing and Employee Savings Plan in TN ($41M); by covered participants it is Rockcastle Hospital and Subsidiaries Retirement Plan in KY (586 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (586 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 Contec, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Contec, Inc. 401(k) Profit Sharing Plan grew sharply - up 21.7% during 2023, from $34M to $41M. Reported net income was $7M.
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 83rd 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 Contec, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southwestern/Great American Inc. Profit Sharing and Employee Savings Plan in TN ($41M, 253 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 Rockcastle Hospital and Subsidiaries Retirement Plan in KY (586 participants, $30M 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 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.