401(k) · DOL Form 5500 · 2022

Think Mutual Bank 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
256
Participants Below avg headcount
89th
Percentile by assets National rank
$211,861
Avg per participant Above avg balance/head
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Official DOL plan name: Think 401(k) Plan · Sponsored by Think Mutual Bank · Minnesota · Finance & Insurance

$54M in assets, 256 participants

Think Mutual Bank's Think 401(k) Plan reported $54M in total assets and 256 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,566 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Think 401(k) Plan covers 256 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $54M.

#7,566
in Finance & Insurance (9,261 peers)
-20.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Think 401(k) Plan's outsized position by total assets

Think 401(k) Plan vs every filed plan by assets

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

$54,236,369 Top 11% higher than 89% 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

Think 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. Think 401(k) Plan sits mid-pack in the medium band (256 participants).

DOL schedule card

Filing strip 410844117 · Think Mutual Bank PY 2022 · 401(k)

Think 401(k) Plan · $54M · 256 · 89th

  • IND $54M
  • EOY 256
  • 5500 89th
  • ASSETS 401(k)
  • PCT near Reinauer Transportation Companies, LLC Retirement and Investment Plan #3
  • EIN ind #7566

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Think 401(k) Plan in the asset neighbourhood

National Machinery LLC Savings PlanNational Machinery LLC Savin…$54MThink 401(k) Plan$54MReinauer Transportation Companies, LLC Retirement and Investment Plan #3Reinauer Transportation Comp…$54MWeinberg, Wheeler, Hudgins, Gunn & Dial, LLC Employees' 401(k) Profit Sharing PlanWeinberg, Wheeler, Hudgins, …$54MChoptank Electric Cooperative 401(k) PlanChoptank Electric Cooperativ…$54M
End-of-year total assets ($M) among Think 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$54M
Net Income-$14M
Employer EIN410844117
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Think Mutual Bank)

Sponsor-wide plan assets over time

All Think Mutual Bank plans reported in each filing year

Latest sponsor-wide plan assets
$65M 19.54604667580162% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $54.2M $64.8M ▲ +19.5%
Year Plans Participants Total Assets
2022 1 256 $54M
2023 1 263 $59M
2024 1 271 $65M

Nearby 401(k) Plans in Minnesota

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

Think 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Think 401(k) Plan, Total assets ($B): 0.054236369 · Participants: 256Think 401(k) PlanUnitedhealth 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
Think 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Think 401(k) Plan side-by-side with 3 peers →

Think 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Reinauer Transportation Companies, LLC Retirement and Investment Plan #3 in NY ($54M); by covered participants it is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (256 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 Think 401(k) Plan assets move in 2022? ▼
Think 401(k) Plan declined sharply - down 20.6% during 2022, from $68M to $54M. Reported net income was -$14M.
How have Think Mutual Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Think Mutual Bank's sponsor-wide assets grew 19.5%, from $54M to $65M.
Where does Think 401(k) Plan rank by assets among Form 5500 filers? ▼
Think 401(k) Plan ranks in the 89th 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 Think 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Reinauer Transportation Companies, LLC Retirement and Investment Plan #3 in NY ($54M, 314 participants).
Which 401(k) plans cover a similar participant headcount to Think 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants, $2M 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 410844117.

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.