401(k) · DOL Form 5500 · 2022

Central Specialties, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
343
Participants Below avg headcount
86th
Percentile by assets National rank
$116,858
Avg per participant Below avg balance/head
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Official DOL plan name: Central Specialties, Inc. Retirement Savings Plan · Sponsored by Central Specialties, Inc. · Minnesota · Construction

$40M in assets, 343 participants

Central Specialties, Inc.'s Central Specialties, Inc. Retirement Savings Plan reported $40M in total assets and 343 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #8,380 in Construction (9,927 peers)

Coverage in Minnesota

Central Specialties, Inc. Retirement Savings Plan covers 343 participants in Minnesota, about 30% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#8,380
in Construction (9,927 peers)
-24.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Central Specialties, Inc. Retirement Savings Plan's outsized position by total assets

Central Specialties, Inc. Retirement Savings Plan vs every filed plan by assets

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

$40,082,206 Top 14% higher than 86% 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

Central Specialties, Inc. Retirement Savings 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. Central Specialties, Inc. Retirement Savings Plan sits mid-pack in the medium band (343 participants).

EBSA filing schedule strip

Filing strip 411270987 · Central Specialties, Inc. PY 2022 · 401(k)

Central Specialties, Inc. Retirement Savings Plan · $40M · 343 · 86th

  • BOY $40M
  • SCH 343
  • EBSA 86th
  • PART 401(k)
  • TYPE near South County Anesthesia Associates, Ltd 401(k) Plan and Trust
  • NET ind #8380

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 Construction retirement plans → · Plans in Minnesota →

Central Specialties, Inc. Retirement Savings Plan in the asset neighbourhood

The Smithers Group 401(k) Retirement Savings PlanThe Smithers Group 401(k) Re…$40MCentral Specialties, Inc. Retirement Savings PlanCentral Specialties, Inc. Re…$40MSouth County Anesthesia Associates, Ltd 401(k) Plan and TrustSouth County Anesthesia Asso…$40MM-E Engineers, Inc. 401(k) Profit Sharing Plan and TrustM-E Engineers, Inc. 401(k) P…$40MDeferred Salary Profit Sharing Plan for the Employees of Wiss & CompanyDeferred Salary Profit Shari…$40M
End-of-year total assets ($M) among Central Specialties, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$40M
Net Income-$13M
Employer EIN411270987
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Specialties, Inc.)

Sponsor-wide plan assets over time

All Central Specialties, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 36.987597439122986% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.1M $54.9M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 343 $40M
2023 1 362 $47M
2024 1 411 $55M

Nearby 401(k) Plans in Minnesota

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

Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Central Specialties, Inc. Retirement Savings Plan, Total assets ($B): 0.040082206 · Participants: 343Central Specialties, Inc. Retirement Savings 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
Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Central Specialties, Inc. Retirement Savings Plan side-by-side with 3 peers →

Central Specialties, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is South County Anesthesia Associates, Ltd 401(k) Plan and Trust in MO ($40M); by covered participants it is Jerritt Canyon Gold LLC 401(k) Plan in NV (343 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (343 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 Central Specialties, Inc. Retirement Savings Plan assets move in 2022? ▼
Central Specialties, Inc. Retirement Savings Plan declined sharply - down 24.2% during 2022, from $53M to $40M. Reported net income was -$13M.
How have Central Specialties, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central Specialties, Inc.'s sponsor-wide assets grew 37.0%, from $40M to $55M.
Where does Central Specialties, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Central Specialties, Inc. Retirement Savings Plan ranks in the 86th 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 Central Specialties, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is South County Anesthesia Associates, Ltd 401(k) Plan and Trust in MO ($40M, 73 participants).
Which 401(k) plans cover a similar participant headcount to Central Specialties, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jerritt Canyon Gold LLC 401(k) Plan in NV (343 participants, $4M 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 411270987.

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.