ESOP · DOL Form 5500 · 2022

Andersen Corporation ESOP

Data updated 2026-08-06

$647M
Total assets
9,416
Participants
98th
Percentile by assets
$68,682
Avg per participant
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Official DOL plan name: Andersen Corporation Employee Stock Ownership Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing

$647M in assets, 9,416 participants

Andersen Corporation's Andersen Corporation Employee Stock Ownership Plan reported $647M in total assets and 9,416 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,258 plans)
  • #20,034 in Manufacturing (20,629 peers)

Coverage in Minnesota

Andersen Corporation Employee Stock Ownership Plan covers 9,416 participants in Minnesota, 8.1x the typical Minnesota plan (state average ~1,161 per filing). Assets: $647M.

$647M
total plan assets (2022 EOY)
9,416
covered participants
98th
percentile by assets (of 139,258 plans)
$68,682
avg assets per participant

The plan reported a net loss of $125M 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 1,161 participants across 2,725 plans. Andersen Corporation Employee Stock Ownership Plan reports 9,416 participants - 8.1x that state average ($647M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$768M
Net Assets (End of Year)$638M
Net Income-$125M
Employer EIN410123208
Plan Effective Date1975-01-01
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 ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Andersen Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Andersen Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 200300400500600700 Total assets ($M) Participants Andersen Corporation…Hormel Foods Corpora…Kingdom Enterprises,…Force America Inc. E…Polaris Inc. Employe…Landscape Structures…
Andersen Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Scale composition for Andersen Corporation Employee Stock Ownership Plan

Andersen Corporation Employee Stock Ownership Plan reports $647M in end-of-year assets across 9,416 participants (0.006% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $68,682 per participant (50% of the national average assets-per-participant) . Net income for plan year 2022 was -$125M.

This plan identity (EIN 410123208, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $647M to $963M (+48.9%) while covered participants moved from 9,416 to 12,104 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,416 $647M This page
2023 11,644 $899M Open filing
2024 · index core 12,104 $963M Open filing

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

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Andersen Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Andersen Corporation Employee Stock Ownership Plan assets move in 2022?
Andersen Corporation Employee Stock Ownership Plan declined sharply - down 15.8% during 2022, from $768M to $647M. Reported net income was -$125M.
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 Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Andersen Corporation Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Andersen Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Woodman's Employees' Profit Sharing and Stock Ownership Plan in WI ($640M, 2,608 participants).

Next read for Andersen Corporation Employee Stock Owne…

Filing takeaways

Ways to act on Andersen Corporation Employee Stock Ownership Plan's numbers.

  • By total assets, Andersen Corporation Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Andersen Corporation's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing plans