401(k) · DOL Form 5500 · 2024

Cortec Corporation 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
154
Participants Small participant base
65th
Percentile by assets National rank
$102,110
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cortec Corporation 401(k) Plan · Sponsored by Cortec Corporation · Minnesota · Manufacturing

$16M in assets, 154 participants

Cortec Corporation's Cortec Corporation 401(k) Plan reported $16M in total assets and 154 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,542 in Manufacturing (17,777 peers)

Coverage in Minnesota

Cortec Corporation 401(k) Plan covers 154 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $16M.

#9,542
in Manufacturing (17,777 peers)
+16.2%
assets growth YoY

Cortec Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$15,724,953 Top 35% higher than 65% 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

Cortec Corporation 401(k) 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. Cortec Corporation 401(k) Plan sits mid-pack in the medium band (154 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cortec Corporation 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Cortec Corporation 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Cortec Corporation 401(k) Plan reported participants rose from 151 in the plan year 2023 filing to 154 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411526115 · Cortec Corporation PY 2024 · 401(k)

Cortec Corporation 401(k) Plan · $16M · 154 · 65th

  • BOY $16M
  • SCH 154
  • EBSA 65th
  • PART 401(k)
  • TYPE near Harper Brothers Construction LLC 401(k) Plan
  • NET ind #9542

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 Minnesota →

Cortec Corporation 401(k) Plan in the asset neighbourhood

Harper Brothers Construction LLC 401(k) PlanHarper Brothers Construction…$16MHealthtrackrx 401(k) Retirement PlanHealthtrackrx 401(k) Retirem…$16MCortec Corporation 401(k) PlanCortec Corporation 401(k) Pl…$16MHuman Active Technology, LLC. 401(k) Profit Sharing PlanHuman Active Technology, LLC…$16MAssociation of Texas Professional Educators Employee Plan and TrustAssociation of Texas Profess…$16M
End-of-year total assets ($M) among Cortec Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN411526115
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cortec Corporation)

Sponsor-wide plan assets over time

All Cortec Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 41.71060760012706% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.1M $15.7M ▲ +41.6%
Year Plans Participants Total Assets
2022 1 157 $11M
2023 1 151 $14M
2024 1 154 $16M

Nearby 401(k) Plans in Minnesota

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

Cortec Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Cortec Corporation 401(k) Plan, Total assets ($B): 0.015724953 · Participants: 154Cortec Corporation 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Cortec Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Cortec Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Harper Brothers Construction LLC 401(k) Plan in TX ($16M); by covered participants it is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 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 Cortec Corporation 401(k) Plan assets move in 2024? ▼
Cortec Corporation 401(k) Plan grew sharply - up 16.2% during 2024, from $14M to $16M. Reported net income was $2M.
How have Cortec Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cortec Corporation's sponsor-wide assets grew 41.7%, from $11M to $16M.
Which 401(k) plans are similar in size to Cortec Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Harper Brothers Construction LLC 401(k) Plan in TX ($16M, 740 participants).
Which 401(k) plans cover a similar participant headcount to Cortec Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY (154 participants, $36M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411526115.

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.