Profit Sharing · DOL Form 5500 · 2022

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 Profit Sharing Plan

Data updated 2026-08-25

$635K
Total assets Small plan by assets
2
Participants Small participant base
20th
Percentile by assets National rank
$317,601
Avg per participant High balance/head
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Official DOL plan name: Mcgowan Enterprises Inc. Retirement Plan · Sponsored by Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 · Minnesota · Wholesale Trade

$635K in assets, 2 participants

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's Mcgowan Enterprises Inc. Retirement Plan reported $635K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 20th 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.

  • #724 in Wholesale Trade (6,843 peers)

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year trail

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's plans moved +106.4% in assets from 2022 to 2024; this filing shows Mcgowan Enterprises Inc. Retirement Plan at $635K / 2 participants.

#724
in Wholesale Trade (6,843 peers)
-15.9%
assets change YoY

The plan reported a net loss of $120K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcgowan Enterprises Inc. Retirement Plan among the smaller filed plans by assets

Mcgowan Enterprises Inc. Retirement Plan vs every filed plan by assets

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

$635,201 20th percentile higher than 20% 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

Mcgowan Enterprises Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgowan Enterprises Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

DOL schedule card

Filing strip 465592673 · Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 PY 2022 · Profit Sharing

Mcgowan Enterprises Inc. Retirement Plan · $635K · 2 · 20th

  • 5500 $635K
  • ASSETS 2
  • PCT 20th
  • EIN Profit Sharing
  • RANK near Amberoon Inc. Retirement Plan
  • PHOTO ind #724

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Mcgowan Enterprises Inc. Retirement Plan in the asset neighbourhood

Mcgowan Enterprises Inc. Retirement PlanMcgowan Enterprises Inc. Ret…$635KAmberoon Inc. Retirement Plan$635KHigh Desert Times Inc. Retirement PlanHigh Desert Times Inc. Retir…$635KKmb Marketing, Inc. Profit Sharing PlanKmb Marketing, Inc. Profit S…$636KCgetpr Retirement Plan$635K
End-of-year total assets ($M) among Mcgowan Enterprises Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year asset trail

Sponsor-wide plan assets over time

All Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 plans reported in each filing year

Latest sponsor-wide plan assets
$1M 106.35011594755046% vs 2022
2024 filing year
$0.5M$1M$1.5M 202220232024 $0.64M $1.31M ▲ +104.7%
Year Plans Participants Total Assets
2022 1 2 $635K
2023 1 2 $1M
2024 1 2 $1M

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 filing trail (2022)

Total Assets (Beginning of Year)$756K
Net Assets (End of Year)$635K
Net Income-$120K
Employer EIN465592673
Plan Effective Date2014-05-07
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Mcgowan Enterprises Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Mcgowan Enterprises Inc. Retirement Plan, Total assets ($B): 0.000635201 · Participants: 2Mcgowan Enterprises Inc. Retirement PlanEssentia Health Retirement Plan, Total assets ($B): 1.61318726 · Participants: 14444Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.394999238 · Participants: 6268Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.846612268 · Participants: 10170Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.542260343 · Participants: 5177Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.397133832 · Participants: 18794Cargill Employee Retirement Account Plan
Mcgowan Enterprises Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Mcgowan Enterprises Inc. Retirement Plan side-by-side with 3 peers →

Mcgowan Enterprises Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Amberoon Inc. Retirement Plan in CA ($635K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($635K here).

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 Mcgowan Enterprises Inc. Retirement Plan assets move in 2022? ▼
Mcgowan Enterprises Inc. Retirement Plan declined sharply - down 15.9% during 2022, from $756K to $635K. Reported net income was -$120K.
How have Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's sponsor-wide assets grew 106.4%, from $635K to $1M.
Where does Mcgowan Enterprises Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Mcgowan Enterprises Inc. Retirement Plan ranks in the 20th 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 Profit Sharing plans are similar in size to Mcgowan Enterprises Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Amberoon Inc. Retirement Plan in CA ($635K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Mcgowan Enterprises Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 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 465592673.

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.