401(k) · DOL Form 5500 · 2022
American Converters, Inc. 401(k) Plan
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 154
- Participants Small participant base
- 64th
- Percentile by assets National rank
- $63,474
- Avg per participant Low balance/head
Official DOL plan name: American Converters, Inc. Retirement Savings Plan · Sponsored by American Converters, Inc. · Minnesota · Manufacturing
$10M in assets, 154 participants
American Converters, Inc.'s American Converters, Inc. Retirement Savings Plan reported $10M in total assets and 154 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.
- #10,626 in Manufacturing (20,602 peers)
Coverage in Minnesota
American Converters, Inc. Retirement Savings Plan covers 154 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.
- #10,626
- in Manufacturing (20,602 peers)
- -20.9%
- assets change YoY
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
American Converters, Inc. Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers
American Converters, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$9,774,971 Top 36% higher than 64% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
American Converters, Inc. Retirement Savings 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. American Converters, Inc. Retirement Savings Plan sits mid-pack in the medium band (154 participants).
Published 5500 schedule card
Filing strip 411284688 · American Converters, Inc. PY 2022 · 401(k)
American Converters, Inc. Retirement Savings Plan · $10M · 154 · 64th
- EOY $10M
- EOY 154
- EOY 64th
- EOY 401(k)
- EOY near Elway Dealers 401(k) Plan
- EOY ind #10626
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 →
American Converters, Inc. Retirement Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | -$3M |
| Employer EIN | 411284688 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Converters, Inc.)
Sponsor-wide plan assets over time
All American Converters, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $13M 31.224021022671067% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 154 | $10M |
| 2023 | 1 | 152 | $12M |
| 2024 | 1 | 160 | $13M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
American Converters, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Elway Dealers 401(k) Plan in AZ ($10M); by covered participants it is Kenna Security, Inc. 401(k) Plan in CA (154 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
- Elway Dealers 401(k) Plan (AZ) $10M · 601
- Bane Concord 401(k) Plan (MA) $10M · 595
- Critical Start 401(k) Plan (TX) $10M · 257
- Digital Color Concepts, Inc. 401(k) Plan (NJ) $10M · 90
Similar participant headcount
Nearest other-state filings by covered participants (154 participants); asset peers above are excluded.
- Kenna Security, Inc. 401(k) Plan (CA) 154 · 0 off
- Eagle River Capital 401(k) Plan (CO) 154 · 0 off
- Nextcapital Group Retirement Plan (IL) 154 · 0 off
- Partners in Care 401(k) P/S Plan (FL) 154 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.