401(k) · DOL Form 5500 · 2022

Waseca Bancshares 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
121
Participants Small participant base
51st
Percentile by assets National rank
$42,470
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Waseca Bancshares Retirement Savings & Investment Plan · Sponsored by Waseca Bancshares · Minnesota · Finance & Insurance

$5M in assets, 121 participants

Waseca Bancshares's Waseca Bancshares Retirement Savings & Investment Plan reported $5M in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #3,305 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Waseca Bancshares Retirement Savings & Investment Plan covers 121 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.

#3,305
in Finance & Insurance (9,261 peers)
-74.4%
assets change YoY

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Waseca Bancshares Retirement Savings & Investment Plan's mid-pack asset rank among Finance & Insurance and all filers

Waseca Bancshares Retirement Savings & Investment Plan vs every filed plan by assets

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

$5,138,917 Top 49% higher than 51% 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

Waseca Bancshares Retirement Savings & Investment 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. Waseca Bancshares Retirement Savings & Investment Plan sits mid-pack in the medium band (121 participants).

EBSA filing schedule strip

Filing strip 411580660 · Waseca Bancshares PY 2022 · 401(k)

Waseca Bancshares Retirement Savings & Investment Plan · $5M · 121 · 51st

  • EOY $5M
  • 5500 121
  • ASSETS 51st
  • PCT 401(k)
  • EIN near Angelini Pharma, Inc. 401(k) Plan
  • RANK ind #3305

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 →

Waseca Bancshares Retirement Savings & Investment Plan in the asset neighbourhood

Waseca Bancshares Retirement Savings & Investment PlanWaseca Bancshares Retirement…$5MAngelini Pharma, Inc. 401(k) PlanAngelini Pharma, Inc. 401(k)…$5MAmerican Piping Inspection 401(k) Retirement PlanAmerican Piping Inspection 4…$5MAquiline Holdings LLC 401(k) Retirement PlanAquiline Holdings LLC 401(k)…$5MGama-1 Technologies 401(k) PlanGama-1 Technologies 401(k) P…$5M
End-of-year total assets ($M) among Waseca Bancshares Retirement Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$5M
Net Income-$15M
Employer EIN411580660
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Waseca Bancshares Retirement Savings & Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Waseca Bancshares Retirement Savings & Investment Plan, Total assets ($B): 0.005138917 · Participants: 121Waseca Bancshares Retirement Savings & Investment 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
Waseca Bancshares Retirement Savings & Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Waseca Bancshares Retirement Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Angelini Pharma, Inc. 401(k) Plan in GA ($5M); by covered participants it is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Waseca Bancshares Retirement Savings & Investment Plan assets move in 2022?
Waseca Bancshares Retirement Savings & Investment Plan contracted severely - down 74.4% during 2022, from $20M to $5M. Reported net income was -$15M.
Which 401(k) plans are similar in size to Waseca Bancshares Retirement Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is Angelini Pharma, Inc. 401(k) Plan in GA ($5M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Waseca Bancshares Retirement Savings & Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants, N/A in assets).