401(k) · DOL Form 5500 · 2024

Contec, Inc. 401(k) Plan

Data updated 2026-08-11

$47M
Total assets
632
Participants
83rd
Percentile by assets
$74,211
Avg per participant
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Official DOL plan name: Contec, Inc. 401(k) Profit Sharing Plan · Sponsored by Contec, Inc. · South Carolina · Manufacturing

$47M in assets, 632 participants

Contec, Inc.'s Contec, Inc. 401(k) Profit Sharing Plan reported $47M in total assets and 632 participants in its 2024 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.

  • 83rd percentile by assets (of 123,622 plans)
  • #13,589 in Manufacturing (17,777 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, $47M for 632 participants (~$74,211/participant), up 13.5% in 2024.

$47M
total plan assets (2024 EOY)
632
covered participants
83rd
percentile by assets (of 123,622 plans)
$74,211
avg assets per participant

Where Contec, Inc. 401(k) Profit Sharing Plan sits by total assets

Contec, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$46,901,648 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Contec, Inc. 401(k) Profit Sharing Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Contec, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $41M in the plan year 2023 filing to $47M in the plan year 2024 filing.
  • Contec, Inc. 401(k) Profit Sharing Plan reported participants rose from 586 in the plan year 2023 filing to 632 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
South Carolina
Industry
Manufacturing

Contec, Inc. 401(k) Profit Sharing Plan vs the 2024 asset distribution

By assets, Contec, Inc. 401(k) Profit Sharing Plan outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$47M
Net Income$6M
Employer EIN570877605
Plan Effective Date1994-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Contec, Inc.)

$30M$35M$40M$45M$50M 202220232024 $34M $46.9M ▲ +38.1%
Total plan assets by year, all Contec, Inc. plans on file
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 ($B) Participants Contec, Inc. 401(k) …, Total assets ($B): 0.046901648 · Participants: 632Contec, Inc. 401(k) …Michelin 401(k) Savi…, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savi…The Savannah River N…, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River N…Sonoco Retirement & …, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & …Blue Cross Blue Shie…, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shie…The Milliken Retirem…, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirem…
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Contec, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Contec, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Contec, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 13.5% during 2024, from $41M to $47M. Reported net income was $6M.
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 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 Contec, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Leatherman Tool Group 401(k) Retirement Plan in OR ($47M, 512 participants).

Next read for Contec, Inc. 401(k) Profit Sharing Plan

Scale reading

Ways to act on Contec, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Contec, Inc. 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
  • Contec, Inc.'s sponsor-wide assets have grown 38.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 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.