401(k) · DOL Form 5500 · 2022

Adolfson & Peterson, Inc. 401(k) Plan

Data updated 2026-08-11

$65M
Total assets
554
Participants
90th
Percentile by assets
$117,137
Avg per participant
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Official DOL plan name: Adolfson & Peterson, Inc. Salary Savings Plan · Sponsored by Adolfson & Peterson, Inc. · Minnesota · Construction

$65M in assets, 554 participants

Adolfson & Peterson, Inc.'s Adolfson & Peterson, Inc. Salary Savings Plan reported $65M in total assets and 554 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #8,775 in Construction (9,927 peers)

Coverage in Minnesota

Adolfson & Peterson, Inc. Salary Savings Plan covers 554 participants in Minnesota, about 49% of the average Minnesota filer (state average ~1,126 per filing). Assets: $65M.

$65M
total plan assets (2022 EOY)
554
covered participants
90th
percentile by assets (of 139,126 plans)
$117,137
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Adolfson & Peterson, Inc. Salary Savings Plan sits by total assets

Adolfson & Peterson, Inc. Salary Savings Plan vs every filed plan by assets

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

$64,893,684 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Adolfson & Peterson, Inc. Salary Savings Plan reports 554 participants - about 49% of that state average ($65M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$65M
Net Income-$12M
Employer EIN410731300
Plan Effective Date1959-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adolfson & Peterson, Inc.)

$60M$70M$80M$90M 202220232024 $64.9M $84.2M ▲ +29.8%
Total plan assets by year, all Adolfson & Peterson, Inc. plans on file
Year Plans Participants Total Assets
2022 1 554 $65M
2023 1 544 $76M
2024 1 578 $84M

Nearby 401(k) Plans in Minnesota

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

Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Adolfson & Peterson,…, Total assets ($B): 0.064893684 · Participants: 554Adolfson & Peterson,…Unitedhealth Group 4…, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 4…Medtronic Savings an…, Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings an…Target Corporation 4…, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 4…3M Voluntary Investm…, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Sav…
Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Adolfson & Peterson, Inc. Salary Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Adolfson & Peterson, Inc. Salary Savings Plan assets move in 2022?
Adolfson & Peterson, Inc. Salary Savings Plan declined sharply - down 15.4% during 2022, from $77M to $65M. Reported net income was -$12M.
How have Adolfson & Peterson, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Adolfson & Peterson, Inc.'s sponsor-wide assets grew 29.8%, from $65M to $84M.
Where does Adolfson & Peterson, Inc. Salary Savings Plan rank by assets among Form 5500 filers?
Adolfson & Peterson, Inc. Salary Savings Plan ranks in the 90th 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 Adolfson & Peterson, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan for Employees of Boh Company, LLC, Boh Bros. in LA ($65M, 316 participants).

Next read for Adolfson & Peterson, Inc. Salary Savings…

Filing takeaways

Ways to act on Adolfson & Peterson, Inc. Salary Savings Plan's numbers.

  • By total assets, Adolfson & Peterson, Inc. Salary Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Adolfson & Peterson, Inc.'s sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Construction plans