401(k) · DOL Form 5500 · 2022

Andersen Corporation 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
10,644
Participants Very large workforce
99th
Percentile by assets National rank
$101,172
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Andersen 401(k) Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing

$1.1B in assets, 10,644 participants

Andersen Corporation's Andersen 401(k) Plan reported $1.1B in total assets and 10,644 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,221 in Manufacturing (20,602 peers)

Coverage in Minnesota

Andersen 401(k) Plan covers 10,644 participants in Minnesota, 9.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.1B.

#20,221
in Manufacturing (20,602 peers)
-13.3%
assets change YoY
11×
vs typical plan assets (national mean)

The plan reported a net loss of $164M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Andersen 401(k) Plan vs every filed plan by assets

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

$1,076,876,061 Top 1% higher than 99% 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

Andersen 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Andersen 401(k) Plan is a mega filing (10,644 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 410123208 · Andersen Corporation PY 2022 · 401(k)

Andersen 401(k) Plan · $1.1B · 10,644 · 99th

  • ASSETS $1.1B
  • PCT 10,644
  • EIN 99th
  • RANK 401(k)
  • PHOTO near Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan
  • IND ind #20221

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 Manufacturing retirement plans → · Plans in Minnesota →

Andersen 401(k) Plan in the asset neighbourhood

Andersen 401(k) Plan$1.1BFedex Office and Print Services, Inc. 401(k) Retirement Savings PlanFedex Office and Print Servi…$1.1BFramatome Inc. 401(k) Retirement PlanFramatome Inc. 401(k) Retire…$1.1BBclp LLP US Retirement Plan$1.1BMorgan, Lewis & Bockius LLP Tax Saver Retirement PlanMorgan, Lewis & Bockius LLP …$1.1B
End-of-year total assets ($B) among Andersen 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.1B
Net Income-$164M
Employer EIN410123208
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Andersen Corporation)

Sponsor-wide plan assets over time

All Andersen Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 25.87036995396942% vs 2022
2024 filing year
$2.4B$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.56B $3.22B ▲ +25.8%
Year Plans Participants Total Assets
2022 4 22,011 $2.6B
2023 4 25,560 $3.1B
2024 4 26,820 $3.2B

Nearby 401(k) Plans in Minnesota

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

Andersen 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 05101520 Total assets ($B) Participants Andersen 401(k) Plan, Total assets ($B): 1.076876061 · Participants: 10644Andersen 401(k) 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
Andersen 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Andersen 401(k) Plan

Andersen 401(k) Plan reports $1.1B in end-of-year assets across 10,644 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $101,172 per participant (73% of the national average assets-per-participant) . Net income for plan year 2022 was -$164M.

This plan identity (EIN 410123208, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+35.3%) while covered participants moved from 10,644 to 13,115 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,644 $1.1B This page
2023 12,184 $1.3B Open filing
2024 · index core 13,115 $1.5B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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

Outside Minnesota, the nearest 401(k) by assets is Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan in TX ($1.1B); by covered participants it is Employee P/S Ret Plan & Trust of Foster Farms Group in CA (10,636 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10,644 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 Andersen 401(k) Plan assets move in 2022? ▼
Andersen 401(k) Plan pulled back noticeably - down 13.3% during 2022, from $1.2B to $1.1B. Reported net income was -$164M.
How have Andersen Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Andersen Corporation's sponsor-wide assets grew 25.9%, from $2.6B to $3.2B.
Where does Andersen 401(k) Plan rank by assets among Form 5500 filers? ▼
Andersen 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fedex Office and Print Services, Inc. 401(k) Retirement Savings Plan in TX ($1.1B, 13,510 participants).
Which 401(k) plans cover a similar participant headcount to Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employee P/S Ret Plan & Trust of Foster Farms Group in CA (10,636 participants, $376M in assets).