Us Conec Ltd. 401(k) Plan: Login, Facts & Contact Information

Us Conec Ltd. 401(k) Plan Facts

Plan name
US CONEC INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
US CONEC LTD.
Participants
336 (364 active employees)
Former employees with a balance
30
Plan assets
$34,417,567 at Dec 31, 2024
Average account balance
$90,812 across 379 accounts
Employer contributions
$1,315,435 in plan year 2024 (36% of all contributions)
Recordkeeper
John Hancock Retirement Plan Svcs
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 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 Aug 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.69 million went into the plan in contributions, $1.32 million of it from the employer (36%).
  • $810,270 was paid out to participants.
  • Investment and other income added $3.94 million.
  • Administrative expenses were $65,284, about $172 per account.

How the Us Conec Ltd. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019161$19.7 million$556,095$384,865
2020162$24.8 million$563,259$814,365
2021166$27.0 million$599,550$2.73 million
2022164$24.4 million$691,130$1.07 million
2023374$27.7 million$1.03 million$3.37 million
2024336$34.4 million$1.32 million$810,270

Us Conec Ltd. 401(k) Contact Information

Phone
828-267-6308
Mailing address
1138 25TH STREET SE, HICKORY NC 286027313
Plan sponsor
US CONEC LTD.
Employer identification number (EIN)
56-1775843
Plan number
002

Questions about the Us Conec Ltd. 401(k)

Does Us Conec Ltd contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.32 million, 36% of all contributions.

Does the Us Conec Ltd 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Us Conec Ltd 401(k) plan?

336 participants at the start of plan year 2024, 364 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Us Conec Ltd?

About $90,812 per account: $34.4 million in plan assets across 379 accounts with a balance at the end of plan year 2024.

Who manages the Us Conec Ltd 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK RETIREMENT PLAN SVCS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Us Conec Ltd. How do I access my 401(k)?

Your account stays with John Hancock 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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