Plan5500

Contec, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Contec, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Contec, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Contec, Inc. under EIN 57-0877605 and plan number 001. The latest loaded filing year is 2023. The filing reports 680 participants and $41,312,022 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Contec, Inc.
EIN
57-0877605
Plan number
001
Plan type
2
Location
Spartanburg, SC
Latest filing year
2023
Participants
680
End-of-year plan assets
$41,312,022

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023680H, C20241011111828NAL0036765312001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,312,022
Total liabilities (EOY)
$0
Net assets (EOY)
$41,312,022
Net assets (BOY)
$33,958,899

Income & contributions

Employer contributions
$1,512,339
Participant contributions
$2,894,672
Total contributions
$4,619,583
Total income / additions
$10,716,683

Expenses & distributions

Benefits paid
$3,216,074
Administrative expenses
$147,486
Total expenses
$3,363,560
Net increase / (decrease)
$7,353,123

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Advisors LLCINVESTMENT ADVISOR$71,588not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$47,416$02023
Empower Advisory Group, LLCINVESTMENT MGMT$28,482not reported in the loaded dataset2023

Related Form 5500 pages