401(k) · DOL Form 5500 · 2022

Giertsen Company 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
58
Participants Small participant base
60th
Percentile by assets National rank
$132,934
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Giertsen Companies Employee Savings Plan · Sponsored by Giertsen Company · Minnesota · Construction

$8M in assets, 58 participants

Giertsen Company's Giertsen Companies Employee Savings Plan reported $8M in total assets and 58 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • #5,870 in Construction (9,927 peers)

Giertsen Company multi-year trail

Giertsen Company's plans moved +12.1% in assets from 2022 to 2024; this filing shows Giertsen Companies Employee Savings Plan at $8M / 58 participants.

#5,870
in Construction (9,927 peers)
-16.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Giertsen Companies Employee Savings Plan's mid-pack asset rank among Construction and all filers

Giertsen Companies Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,710,197 Top 40% higher than 60% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

Giertsen Companies Employee Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Giertsen Companies Employee Savings Plan is a small filing (58 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 411803035 · Giertsen Company PY 2022 · 401(k)

Giertsen Companies Employee Savings Plan · $8M · 58 · 60th

  • EOY $8M
  • EOY 58
  • EOY 60th
  • EOY 401(k)
  • EOY near Avrobio, Inc 401(k) Plan
  • EOY ind #5870

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →

Giertsen Companies Employee Savings Plan in the asset neighbourhood

Giertsen Companies Employee Savings PlanGiertsen Companies Employee …$8MAvrobio, Inc 401(k) Plan$8MGaia Herbs, Inc. 401(k) Profit Sharing Plan and TrustGaia Herbs, Inc. 401(k) Prof…$8MNmc Group Retirement Plan$8MO'brien Auto Team 401(k) Plan$8M
End-of-year total assets ($M) among Giertsen Companies Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Giertsen Company multi-year asset trail

Sponsor-wide plan assets over time

All Giertsen Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 12.063167776387555% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M 202220232024 $7.71M $8.64M ▲ +12.1%
Year Plans Participants Total Assets
2022 1 58 $8M
2023 1 60 $8M
2024 1 73 $9M

Giertsen Company filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN411803035
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Giertsen Companies Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Giertsen Companies Employee Savings Plan, Total assets ($B): 0.007710197 · Participants: 58Giertsen Companies Employee Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Giertsen Companies Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Giertsen Companies Employee Savings Plan side-by-side with 3 peers →

Giertsen Companies Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Avrobio, Inc 401(k) Plan in MA ($8M); by covered participants it is Huron Community Bank 401(k) Plan in MI (58 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (58 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Giertsen Companies Employee Savings Plan assets move in 2022? ▼
Giertsen Companies Employee Savings Plan declined sharply - down 16.1% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Giertsen Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Giertsen Company's sponsor-wide assets grew 12.1%, from $8M to $9M.
Which 401(k) plans are similar in size to Giertsen Companies Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Avrobio, Inc 401(k) Plan in MA ($8M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Giertsen Companies Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Huron Community Bank 401(k) Plan in MI (58 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411803035.

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.