401(k) · DOL Form 5500 · 2022

Minnesota Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$129M
Total assets Near avg plan size
987
Participants Near avg headcount
94th
Percentile by assets National rank
$130,696
Avg per participant Near avg balance/head
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Official DOL plan name: Advisor 401(k) Retirement Plan · Sponsored by Minnesota Life Insurance Company · Minnesota · Finance & Insurance

$129M in assets, 987 participants

Minnesota Life Insurance Company's Advisor 401(k) Retirement Plan reported $129M in total assets and 987 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,355 in Finance & Insurance (9,261 peers)

Where Advisor 401(k) Retirement Plan sits by assets

Advisor 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $129M for 987 participants (~$130,696/participant), down 19.1% in 2022.

#8,355
in Finance & Insurance (9,261 peers)
-19.1%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Advisor 401(k) Retirement Plan's outsized position by total assets

Advisor 401(k) Retirement Plan vs every filed plan by assets

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

$128,996,874 Top 6% higher than 94% 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

Advisor 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Advisor 401(k) Retirement Plan sits mid-pack in the medium band (987 participants).

Form 5500 schedule snapshot

Filing strip 410417830 · Minnesota Life Insurance Company PY 2022 · 401(k)

Advisor 401(k) Retirement Plan · $129M · 987 · 94th

  • VS-ST $129M
  • BOY 987
  • SCH 94th
  • EBSA 401(k)
  • PART near Outrigger Hotels Hawaii Profit Sharing and Retirement Savings Plan
  • TYPE ind #8355

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Advisor 401(k) Retirement Plan in the asset neighbourhood

Ppl Retirement Savings Plan$129MAdvisor 401(k) Retirement PlanAdvisor 401(k) Retirement Pl…$129MOutrigger Hotels Hawaii Profit Sharing and Retirement Savings PlanOutrigger Hotels Hawaii Prof…$129MZekelman Industries Collectively Bargained Employees 401(k) PlanZekelman Industries Collecti…$129MOlam America Employee Savings PlanOlam America Employee Saving…$129M
End-of-year total assets ($M) among Advisor 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$159M
Net Assets (End of Year)$129M
Net Income-$30M
Employer EIN410417830
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Life Insurance Company)

Sponsor-wide plan assets over time

All Minnesota Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$43M 66.86682733102509% vs 2022
2023 filing year
$0M$50M$100M$150M 20222023 $129M $42.7M ▼ -66.9%
Year Plans Participants Total Assets
2022 2 1,267 $129M
2023 2 1,300 $43M

Nearby 401(k) Plans in Minnesota

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

Advisor 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Advisor 401(k) Retirement Plan, Total assets ($B): 0.128996874 · Participants: 987Advisor 401(k) Retirement 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
Advisor 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Advisor 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Outrigger Hotels Hawaii Profit Sharing and Retirement Savings Plan in HI ($129M); by covered participants it is Canyon Ranch 401(k) and Profit Sharing Plan in TX (987 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (987 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 Advisor 401(k) Retirement Plan assets move in 2022?
Advisor 401(k) Retirement Plan declined sharply - down 19.1% during 2022, from $159M to $129M. Reported net income was -$30M.
How have Minnesota Life Insurance Company plan assets changed over time?
Across 2 plan years on file (2022-2023), Minnesota Life Insurance Company's sponsor-wide assets declined 66.9%, from $129M to $43M.
Where does Advisor 401(k) Retirement Plan rank by assets among Form 5500 filers?
Advisor 401(k) Retirement Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Advisor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Outrigger Hotels Hawaii Profit Sharing and Retirement Savings Plan in HI ($129M, 1,155 participants).
Which 401(k) plans cover a similar participant headcount to Advisor 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Canyon Ranch 401(k) and Profit Sharing Plan in TX (987 participants, $42M in assets).