401(k) · DOL Form 5500 · 2022
Business Impact Group, LLC 401(k) Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 103
- Participants Small participant base
- 52nd
- Percentile by assets National rank
- $52,561
- Avg per participant Low balance/head
Official DOL plan name: Business Impact Group 401(k) Plan · Sponsored by Business Impact Group, LLC · Minnesota · Wholesale Trade
$5M in assets, 103 participants
Business Impact Group, LLC's Business Impact Group 401(k) Plan reported $5M in total assets and 103 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.
- #2,749 in Wholesale Trade (6,843 peers)
Coverage in Minnesota
Business Impact Group 401(k) Plan covers 103 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.
- #2,749
- in Wholesale Trade (6,843 peers)
- -11.6%
- assets change YoY
The plan reported a net loss of $708K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Business Impact Group 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers
Business Impact Group 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$5,413,809 Top 48% higher than 52% 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
Business Impact Group 401(k) 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. Business Impact Group 401(k) Plan sits mid-pack in the medium band (103 participants).
Published 5500 schedule card
Filing strip 200826767 · Business Impact Group, LLC PY 2022 · 401(k)
Business Impact Group 401(k) Plan · $5M · 103 · 52nd
- 5500 $5M
- ASSETS 103
- PCT 52nd
- EIN 401(k)
- RANK near Crl Associates, Inc. Profit Sharing 401(k) Plan & Trust
- PHOTO ind #2749
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 Wholesale Trade retirement plans → · Plans in Minnesota →
Business Impact Group 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$708K |
| Employer EIN | 200826767 |
| Plan Effective Date | 1989-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Business Impact Group, LLC)
Sponsor-wide plan assets over time
All Business Impact Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $6M 8.380458194960331% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 103 | $5M |
| 2023 | 1 | 97 | $7M |
| 2024 | 1 | 99 | $6M |
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
Business Impact Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Crl Associates, Inc. Profit Sharing 401(k) Plan & Trust in CO ($5M); by covered participants it is Widen Enterprises LLC in WI (103 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
Similar participant headcount
Nearest other-state filings by covered participants (103 participants); asset peers above are excluded.
- Widen Enterprises LLC (WI) 103 · 0 off
- Nrs Employee Stock Ownership Plan (ID) 103 · 0 off
- Shinn 401(k) Retirement Plan (IA) 103 · 0 off
- Bcp Transportation, Inc. 401(k) Retirement Savings Plan (WI) 103 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.