Cortec 401(K) Plan — Form 5500 plan (Cortec LLC)
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, Cortec 401(K) Plan is a benefit plan reported by Cortec LLC under EIN 46-0504921 and plan number 001. The latest loaded filing year is 2023. The filing reports 206 participants and $20,029,245 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cortec LLC
- EIN
- 46-0504921
- Plan number
- 001
- Plan type
- 2
- Location
- Houma, LA
- Latest filing year
- 2023
- Participants
- 206
- End-of-year plan assets
- $20,029,245
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 206 | H, C | 20240725125703NAL0031311282001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,029,245
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,029,245
- Net assets (BOY)
- $14,577,902
Income & contributions
- Employer contributions
- $1,257,959
- Participant contributions
- $1,272,314
- Total contributions
- $2,952,068
- Total income / additions
- $6,219,646
Expenses & distributions
- Benefits paid
- $755,537
- Administrative expenses
- $12,766
- Total expenses
- $768,303
- Net increase / (decrease)
- $5,451,343
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $6,608 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $6,158 | not reported in the loaded dataset | 2023 |