Contec, Inc. 401(k) Plan: Login, Facts & Contact Information

Contec, Inc. 401(k) Plan Facts

Plan name
CONTEC, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CONTEC, INC.
Participants
717 (628 active employees)
Former employees with a balance
88
Plan assets
$46,901,648 at Dec 31, 2024
Average account balance
$70,423 across 666 accounts
Employer contributions
$1,578,978 in plan year 2024 (31% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1994
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.05 million went into the plan in contributions, $1.58 million of it from the employer (31%).
  • $5.42 million was paid out to participants.
  • Investment and other income added $6.13 million.
  • Administrative expenses were $176,154, about $264 per account.

How the Contec, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019547$31.8 million$1.11 million$3.89 million
2020585$36.7 million$1.25 million$3.30 million
2021655$39.4 million$1.34 million$6.18 million
2022652$34.0 million$1.40 million$2.89 million
2023680$41.3 million$1.51 million$3.22 million
2024717$46.9 million$1.58 million$5.42 million

Contec, Inc. 401(k) Contact Information

Phone
864-699-8296
Mailing address
525 LOCUST GRV, SPARTANBURG SC 29303
Plan sponsor
CONTEC, INC.
Employer identification number (EIN)
57-0877605
Plan number
001

Questions about the Contec, Inc. 401(k)

Does Contec, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.58 million, 31% of all contributions.

Does the Contec, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Contec, Inc 401(k) plan?

717 participants at the start of plan year 2024, 628 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Contec, Inc?

About $70,423 per account: $46.9 million in plan assets across 666 accounts with a balance at the end of plan year 2024.

Who manages the Contec, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Contec, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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