401(k) · DOL Form 5500 · 2022

Clearfield, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
254
Participants Below avg headcount
84th
Percentile by assets National rank
$130,773
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Clearfield, Inc. 401(k) Plan & Trust · Sponsored by Clearfield, Inc. · Minnesota · Manufacturing

$33M in assets, 254 participants

Clearfield, Inc.'s Clearfield, Inc. 401(k) Plan & Trust reported $33M in total assets and 254 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,872 in Manufacturing (20,602 peers)

Coverage in Minnesota

Clearfield, Inc. 401(k) Plan & Trust covers 254 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $33M.

#15,872
in Manufacturing (20,602 peers)
-10.1%
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.

Clearfield, Inc. 401(k) Plan & Trust's outsized position by total assets

Clearfield, Inc. 401(k) Plan & Trust vs every filed plan by assets

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

$33,216,263 Top 16% higher than 84% 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

Clearfield, Inc. 401(k) Plan & 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. Clearfield, Inc. 401(k) Plan & Trust sits mid-pack in the medium band (254 participants).

EBSA filing schedule strip

Filing strip 411347235 · Clearfield, Inc. PY 2022 · 401(k)

Clearfield, Inc. 401(k) Plan & Trust · $33M · 254 · 84th

  • EOY $33M
  • EOY 254
  • EOY 84th
  • EOY 401(k)
  • EOY near Houston Metro Urology, P.a. 401(k) Profit Sharing Plan
  • EOY ind #15872

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 →

Clearfield, Inc. 401(k) Plan & Trust in the asset neighbourhood

Clearfield, Inc. 401(k) Plan & TrustClearfield, Inc. 401(k) Plan…$33MHouston Metro Urology, P.a. 401(k) Profit Sharing PlanHouston Metro Urology, P.a. …$33MVenator Americas LLC 401(k) PlanVenator Americas LLC 401(k) …$33MThe Doall Group Profit Sharing PlanThe Doall Group Profit Shari…$33MJ.W. Speaker Corporation 401 (K) PlanJ.W. Speaker Corporation 401…$33M
End-of-year total assets ($M) among Clearfield, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$33M
Net Income-$4M
Employer EIN411347235
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clearfield, Inc.)

Sponsor-wide plan assets over time

All Clearfield, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 33.30374943141557% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.2M $44.3M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 254 $33M
2023 1 288 $41M
2024 1 263 $44M

Nearby 401(k) Plans in Minnesota

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

Clearfield, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Clearfield, Inc. 401(k) Plan & Trust, Total assets ($B): 0.033216263 · Participants: 254Clearfield, Inc. 401(k) Plan & 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
Clearfield, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Clearfield, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Clearfield, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Houston Metro Urology, P.a. 401(k) Profit Sharing Plan in TX ($33M); by covered participants it is Phoenix Processor Retirement Savings Plan in WA (254 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (254 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 Clearfield, Inc. 401(k) Plan & Trust assets move in 2022? ▼
Clearfield, Inc. 401(k) Plan & Trust pulled back noticeably - down 10.1% during 2022, from $37M to $33M. Reported net income was -$4M.
How have Clearfield, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Clearfield, Inc.'s sponsor-wide assets grew 33.3%, from $33M to $44M.
Where does Clearfield, Inc. 401(k) Plan & Trust rank by assets among Form 5500 filers? ▼
Clearfield, Inc. 401(k) Plan & Trust ranks in the 84th 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 Clearfield, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Houston Metro Urology, P.a. 401(k) Profit Sharing Plan in TX ($33M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Clearfield, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Phoenix Processor Retirement Savings Plan in WA (254 participants, $8M 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 411347235.

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.