401(k) · DOL Form 5500 · 2022

Plastech Corporation 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
679
Participants Below avg headcount
82nd
Percentile by assets National rank
$40,094
Avg per participant Low balance/head
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Official DOL plan name: Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust · Sponsored by Plastech Corporation · Minnesota · Manufacturing

$27M in assets, 679 participants

Plastech Corporation's Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust reported $27M in total assets and 679 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #15,225 in Manufacturing (20,602 peers)

Where Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits by assets

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $27M for 679 participants (~$40,094/participant), down 11.5% in 2022.

#15,225
in Manufacturing (20,602 peers)
-11.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust's outsized position by total assets

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs every filed plan by assets

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

$27,224,104 Top 18% higher than 82% 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

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust 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. Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits mid-pack in the medium band (679 participants).

DOL schedule card

Filing strip 410784793 · Plastech Corporation PY 2022 · 401(k)

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust · $27M · 679 · 82nd

  • EBSA $27M
  • PART 679
  • TYPE 82nd
  • NET 401(k)
  • BOOK near Bouma Group, Inc. Retirement Plan
  • VS-ST ind #15225

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 →

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust in the asset neighbourhood

Bouma Group, Inc. Retirement PlanBouma Group, Inc. Retirement…$27MFrandsen Group Tax Deferred Savings and Profit Sharing Plan and TrustFrandsen Group Tax Deferred …$27MPerry County Memorial Hospital 401(k) Profit Sharing PlanPerry County Memorial Hospit…$27MThe Hutchison School Defined Contribution Retirement PlanThe Hutchison School Defined…$27MHollingsworth 401(k) Retirement Savings PlanHollingsworth 401(k) Retirem…$27M
End-of-year total assets ($M) among Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$27M
Net Income-$4M
Employer EIN410784793
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plastech Corporation)

Sponsor-wide plan assets over time

All Plastech Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$30M 11.062318157468102% vs 2022
2024 filing year
$26M$27M$28M$29M$30M$31M 202220232024 $27.2M $30.2M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 679 $27M
2023 1 615 $27M
2024 1 573 $30M

Nearby 401(k) Plans in Minnesota

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

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust, Total assets ($B): 0.027224104 · Participants: 679Frandsen Group Tax Deferred Savings and Profit Sharing Plan and TrustUnitedhealth 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
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust side-by-side with 3 peers →

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Bouma Group, Inc. Retirement Plan in MI ($27M); by covered participants it is Nmc Group, Inc. 401(k) Retirement Plan in NE (679 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (679 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 Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust assets move in 2022? ▼
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust pulled back noticeably - down 11.5% during 2022, from $31M to $27M. Reported net income was -$4M.
How have Plastech Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plastech Corporation's sponsor-wide assets grew 11.1%, from $27M to $30M.
Where does Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Bouma Group, Inc. Retirement Plan in MI ($27M, 195 participants).
Which 401(k) plans cover a similar participant headcount to Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Nmc Group, Inc. 401(k) Retirement Plan in NE (679 participants, $67M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410784793.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.