401(k) · DOL Form 5500 · 2022

General Equipment Company 401(k) Plan

Data updated 2026-08-25

$832K
Total assets Small plan by assets
27
Participants Small participant base
23rd
Percentile by assets National rank
$30,833
Avg per participant Low balance/head
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Official DOL plan name: General Equipment Company 401(k) Plan · Sponsored by General Equipment Company · Minnesota · Manufacturing

$832K in assets, 27 participants

General Equipment Company's General Equipment Company 401(k) Plan reported $832K in total assets and 27 participants in its 2022 DOL Form 5500 filing, ranking in the 23rd 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.

  • #2,110 in Manufacturing (20,602 peers)

General Equipment Company multi-year trail

General Equipment Company's plans moved +12.5% in assets from 2022 to 2024; this filing shows General Equipment Company 401(k) Plan at $832K / 27 participants.

#2,110
in Manufacturing (20,602 peers)
-15.2%
assets change YoY

The plan reported a net loss of $150K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Equipment Company 401(k) Plan among the smaller filed plans by assets

General Equipment Company 401(k) Plan vs every filed plan by assets

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

$832,489 23rd percentile higher than 23% 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

General Equipment Company 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Equipment Company 401(k) Plan is a small filing (27 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 410832670 · General Equipment Company PY 2022 · 401(k)

General Equipment Company 401(k) Plan · $832K · 27 · 23rd

  • EOY $832K
  • EOY 27
  • EOY 23rd
  • EOY 401(k)
  • EOY near First National Bank of Kemp 401(k) Profit Sharing Plan
  • EOY ind #2110

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 →

General Equipment Company 401(k) Plan in the asset neighbourhood

General Equipment Company 401(k) PlanGeneral Equipment Company 40…$832KFirst National Bank of Kemp 401(k) Profit Sharing PlanFirst National Bank of Kemp …$832KThrasher Law PLLC 401(k) Profit Sharing PlanThrasher Law PLLC 401(k) Pro…$833KHidden View Dairy, LLC 401(k) Profit Sharing PlanHidden View Dairy, LLC 401(k…$833KDarek K. Ridpath, Dds, PC 401(k) PlanDarek K. Ridpath, Dds, PC 40…$833K
End-of-year total assets ($M) among General Equipment Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

General Equipment Company multi-year asset trail

Sponsor-wide plan assets over time

All General Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$937K 12.528093464298026% vs 2022
2024 filing year
$0.8M$0.85M$0.9M$0.95M$1M 202220232024 $0.83M $0.94M ▲ +13.3%
Year Plans Participants Total Assets
2022 1 27 $832K
2023 1 28 $934K
2024 1 24 $937K

General Equipment Company filing trail (2022)

Total Assets (Beginning of Year)$982K
Net Assets (End of Year)$832K
Net Income-$150K
Employer EIN410832670
Plan Effective Date2013-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

General Equipment Company 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants General Equipment Company 401(k) Plan, Total assets ($B): 0.000832489 · Participants: 27General Equipment Company 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
General Equipment Company 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare General Equipment Company 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is First National Bank of Kemp 401(k) Profit Sharing Plan in TX ($832K); by covered participants it is Southeastern Plastic Surgery, Inc. 401(k) Plan in FL (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 General Equipment Company 401(k) Plan assets move in 2022? ▼
General Equipment Company 401(k) Plan declined sharply - down 15.2% during 2022, from $982K to $832K. Reported net income was -$150K.
How have General Equipment Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Equipment Company's sponsor-wide assets grew 12.5%, from $832K to $937K.
Where does General Equipment Company 401(k) Plan rank by assets among Form 5500 filers? ▼
General Equipment Company 401(k) Plan ranks in the 23rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to General Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is First National Bank of Kemp 401(k) Profit Sharing Plan in TX ($832K, 21 participants).
Which 401(k) plans cover a similar participant headcount to General Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southeastern Plastic Surgery, Inc. 401(k) Plan in FL (27 participants, $6M 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 410832670.

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.