401(k) · DOL Form 5500 · 2022

Fagen, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
1,019
Participants Near avg headcount
79th
Percentile by assets National rank
$22,693
Avg per participant Low balance/head
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Official DOL plan name: Fagen, Inc. 401(k) Plan · Sponsored by Fagen, Inc. · Minnesota · Construction

$23M in assets, 1,019 participants

Fagen, Inc.'s Fagen, Inc. 401(k) Plan reported $23M in total assets and 1,019 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,799 in Construction (9,927 peers)

Where Fagen, Inc. 401(k) Plan sits by assets

Fagen, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $23M for 1,019 participants (~$22,693/participant), down 43.7% in 2022.

#7,799
in Construction (9,927 peers)
-43.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fagen, Inc. 401(k) Plan's outsized position by total assets

Fagen, Inc. 401(k) Plan vs every filed plan by assets

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

$23,124,370 Top 21% higher than 79% 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

Fagen, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fagen, Inc. 401(k) Plan lands in the large band (1,019 participants).

Published 5500 schedule card

Filing strip 411604605 · Fagen, Inc. PY 2022 · 401(k)

Fagen, Inc. 401(k) Plan · $23M · 1,019 · 79th

  • VS-ST $23M
  • BOY 1,019
  • SCH 79th
  • EBSA 401(k)
  • PART near Rlj Lodging Trust, L.P. 401(k) Plan
  • TYPE ind #7799

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 →

Fagen, Inc. 401(k) Plan in the asset neighbourhood

Rlj Lodging Trust, L.P. 401(k) PlanRlj Lodging Trust, L.P. 401(…$23MPortillo's Hot Dogs LLC 401(k) PlanPortillo's Hot Dogs LLC 401(…$23MFagen, Inc. 401(k) Plan$23MPenton Learning Systems, L.L.C. 401(k) PlanPenton Learning Systems, L.L…$23MQuality Living, Inc. 401(k) Retirement PlanQuality Living, Inc. 401(k) …$23M
End-of-year total assets ($M) among Fagen, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$23M
Net Income-$6M
Employer EIN411604605
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fagen, Inc.)

Sponsor-wide plan assets over time

All Fagen, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 27.348909397315474% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.1M $29.5M ▲ +27.4%
Year Plans Participants Total Assets
2022 1 1,019 $23M
2023 1 874 $27M
2024 1 906 $29M

Nearby 401(k) Plans in Minnesota

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

Fagen, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Fagen, Inc. 401(k) Plan, Total assets ($B): 0.02312437 · Participants: 1019Fagen, 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
Fagen, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Fagen, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Rlj Lodging Trust, L.P. 401(k) Plan in MD ($23M); by covered participants it is D & W Fine Pack LLC 401(k) Plan in IL (1,019 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,019 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 Fagen, Inc. 401(k) Plan assets move in 2022? ▼
Fagen, Inc. 401(k) Plan contracted severely - down 43.7% during 2022, from $41M to $23M. Reported net income was -$6M.
How have Fagen, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fagen, Inc.'s sponsor-wide assets grew 27.3%, from $23M to $29M.
Where does Fagen, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Fagen, Inc. 401(k) Plan ranks in the 79th 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 Fagen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rlj Lodging Trust, L.P. 401(k) Plan in MD ($23M, 72 participants).
Which 401(k) plans cover a similar participant headcount to Fagen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is D & W Fine Pack LLC 401(k) Plan in IL (1,019 participants, $41M 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 411604605.

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.