401(k) · DOL Form 5500 · 2024

Scitec, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
304
Participants Below avg headcount
86th
Percentile by assets National rank
$198,809
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

$60M in assets, 304 participants

Scitec, Inc.'s Scitec, Inc. 401(k) Retirement Plan reported $60M in total assets and 304 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,566 in Professional & Technical Services (20,173 peers)

Coverage in New Jersey

Scitec, Inc. 401(k) Retirement Plan covers 304 participants in New Jersey, about 36% of the average New Jersey filer (state average ~844 per filing). Assets: $60M.

#17,566
in Professional & Technical Services (20,173 peers)
+35.7%
assets growth YoY
0.6×
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 2024 · DOL Form 5500

$60,437,792 Top 14% higher than 86% of 123,620 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 2024

Scitec, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 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 (304 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scitec, Inc. 401(k) Retirement Plan reported participants rose from 199 in the plan year 2023 filing to 304 in the plan year 2024 filing.
  • Scitec, Inc. 401(k) Retirement Plan end-of-year assets rose from $45M in the plan year 2023 filing to $60M in the plan year 2024 filing.
  • Scitec, Inc. 401(k) Retirement Plan reported net income rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222255328 · Scitec, Inc. PY 2024 · 401(k)

Scitec, Inc. 401(k) Retirement Plan · $60M · 304 · 86th

  • BOY $60M
  • SCH 304
  • EBSA 86th
  • PART 401(k)
  • TYPE near Cadence, Inc. 401(k) Plan
  • NET ind #17566

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…$60MCadence, Inc. 401(k) Plan$60MBierlein 401(k) Profit Sharing PlanBierlein 401(k) Profit Shari…$60MOnpoint Group, LLC 401(k) PlanOnpoint Group, LLC 401(k) Pl…$60MAdage Capital Management LP 401(k) PlanAdage Capital Management LP …$60M
End-of-year total assets ($M) among Scitec, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$60M
Net Income$16M
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 -200204060 Total assets ($B) Participants Scitec, Inc. 401(k) Retirement Plan, Total assets ($B): 0.060437792 · Participants: 304Scitec, Inc. 401(k) Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Scitec, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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 Cadence, Inc. 401(k) Plan in VA ($60M); by covered participants it is Max Credit Union Capital Accumulation Plan in AL (304 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (304 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Scitec, Inc. 401(k) Retirement Plan surged - up 35.7% during 2024, from $45M to $60M. Reported net income was $16M.
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 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Cadence, Inc. 401(k) Plan in VA ($60M, 705 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 Max Credit Union Capital Accumulation Plan in AL (304 participants, $57M in assets).