401(k) · DOL Form 5500 · 2022

Design Ready Controls, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
388
Participants Below avg headcount
63rd
Percentile by assets National rank
$23,664
Avg per participant Low balance/head
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Official DOL plan name: Design Ready Controls, Inc. 401(k) Plan · Sponsored by Design Ready Controls, Inc. · Minnesota · Manufacturing

$9M in assets, 388 participants

Design Ready Controls, Inc.'s Design Ready Controls, Inc. 401(k) Plan reported $9M in total assets and 388 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

  • #10,299 in Manufacturing (20,602 peers)

Coverage in Minnesota

Design Ready Controls, Inc. 401(k) Plan covers 388 participants in Minnesota, about 34% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#10,299
in Manufacturing (20,602 peers)
-8.8%
assets change YoY

The plan reported a net loss of $888K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Design Ready Controls, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Design Ready Controls, Inc. 401(k) Plan vs every filed plan by assets

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

$9,181,441 Top 37% higher than 63% 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

Design Ready Controls, Inc. 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. Design Ready Controls, Inc. 401(k) Plan sits mid-pack in the medium band (388 participants).

EBSA filing schedule strip

Filing strip 411649617 · Design Ready Controls, Inc. PY 2022 · 401(k)

Design Ready Controls, Inc. 401(k) Plan · $9M · 388 · 63rd

  • TYPE $9M
  • NET 388
  • BOOK 63rd
  • VS-ST 401(k)
  • BOY near Regal American Homes, LLC 401(k) Profit Sharing Plan
  • SCH ind #10299

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 →

Design Ready Controls, Inc. 401(k) Plan in the asset neighbourhood

Design Ready Controls, Inc. 401(k) PlanDesign Ready Controls, Inc. …$9MRegal American Homes, LLC 401(k) Profit Sharing PlanRegal American Homes, LLC 40…$9MSummit Pathology 401(k) Ps Plan and TrustSummit Pathology 401(k) Ps P…$9MThe Interflex Group, Inc 401(k) PlanThe Interflex Group, Inc 401…$9MParrish Tire Company 401(k) Profit Sharing PlanParrish Tire Company 401(k) …$9M
End-of-year total assets ($M) among Design Ready Controls, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$888K
Employer EIN411649617
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Ready Controls, Inc.)

Sponsor-wide plan assets over time

All Design Ready Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 64.78910009877535% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.18M $15.1M ▲ +64.8%
Year Plans Participants Total Assets
2022 1 388 $9M
2023 1 399 $12M
2024 1 532 $15M

Nearby 401(k) Plans in Minnesota

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

Design Ready Controls, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Design Ready Controls, Inc. 401(k) Plan, Total assets ($B): 0.009181441 · Participants: 388Design Ready Controls, Inc. 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
Design Ready Controls, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Design Ready Controls, Inc. 401(k) Plan side-by-side with 3 peers →

Design Ready Controls, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Regal American Homes, LLC 401(k) Profit Sharing Plan in AZ ($9M); by covered participants it is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 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 Design Ready Controls, Inc. 401(k) Plan assets move in 2022? ▼
Design Ready Controls, Inc. 401(k) Plan pulled back noticeably - down 8.8% during 2022, from $10M to $9M. Reported net income was -$888K.
How have Design Ready Controls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Ready Controls, Inc.'s sponsor-wide assets grew 64.8%, from $9M to $15M.
Which 401(k) plans are similar in size to Design Ready Controls, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Regal American Homes, LLC 401(k) Profit Sharing Plan in AZ ($9M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Design Ready Controls, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants, $50M 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 411649617.

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.