401(k) · DOL Form 5500 · 2022

Andersen Corporation 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
10,644
Participants
99th
Percentile by assets
$101,172
Avg per participant
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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.

  • 99th percentile by assets (of 139,126 plans)
  • #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.

$1.1B
total plan assets (2022 EOY)
10,644
covered participants
99th
percentile by assets (of 139,126 plans)
$101,172
avg assets per participant

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.

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Andersen 401(k) Plan reports 10,644 participants - 9.5x that state average ($1.1B EOY assets).

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)

$2.4B$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.56B $3.22B ▲ +25.8%
Total plan assets by year, all Andersen Corporation plans on file
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

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) PlanUnitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Andersen 401(k) Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Andersen 401(k) Plan's numbers.