Other · DOL Form 5500 · 2022

Minnesota Diversified Industries, Inc. Retirement Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
228
Participants Below avg headcount
61st
Percentile by assets National rank
$36,400
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · Sponsored by Minnesota Diversified Industries, Inc. · Minnesota · Manufacturing

$8M in assets, 228 participants

Minnesota Diversified Industries, Inc.'s 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported $8M in total assets and 228 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #9,747 in Manufacturing (20,602 peers)

Coverage in Minnesota

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. covers 228 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $8M.

#9,747
in Manufacturing (20,602 peers)
-10.3%
assets change YoY

The plan reported a net loss of $948K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s mid-pack asset rank among Manufacturing and all filers

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs every filed plan by assets

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

$8,299,205 Top 39% higher than 61% 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

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. 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. 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. sits mid-pack in the medium band (228 participants).

DOL schedule card

Filing strip 410941924 · Minnesota Diversified Industries, Inc. PY 2022 · Other

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · $8M · 228 · 61st

  • SCH $8M
  • EBSA 228
  • PART 61st
  • TYPE Other
  • NET near The Unity Council 403(b) Plan
  • BOOK ind #9747

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 →

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. in the asset neighbourhood

Medical Care Development, Inc. 403(b) PlanMedical Care Development, In…$8MKenneth Young Center 403(b) PlanKenneth Young Center 403(b) …$8MLowell Community Health Center 403(b) PlanLowell Community Health Cent…$8M403(b) Thrift Plan for Minnesota Diversified Industries, Inc.403(b) Thrift Plan for Minne…$8MThe Unity Council 403(b) Plan$8M
End-of-year total assets ($M) among 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$948K
Employer EIN410941924
Plan Effective Date1998-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Diversified Industries, Inc.)

Sponsor-wide plan assets over time

All Minnesota Diversified Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 35.87262876383942% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.3M $11.3M ▲ +35.9%
Year Plans Participants Total Assets
2022 1 228 $8M
2023 1 329 $10M
2024 1 357 $11M

Nearby Other Plans in Minnesota

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

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants 403(b) Thrift Plan for Minnesota Diversified Industries, Inc., Total assets ($B): 0.008299205 · Participants: 228403(b) Thrift Plan for Minnesota Diversified Industries, Inc.Mayo 403(b) Plan, Total assets ($B): 9.453323372 · Participants: 80932Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.739468957 · Participants: 10840Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.691827028 · Participants: 5009Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.583263225 · Participants: 20332Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.358032714 · Participants: 2317University of St. Thomas Retirement Plan
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs. nearby Other plans in Minnesota, assets vs. participants

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is The Unity Council 403(b) Plan in CA ($8M); by covered participants it is Emergycare 403(b) Plan in PA (228 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (228 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 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. assets move in 2022?
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. pulled back noticeably - down 10.3% during 2022, from $9M to $8M. Reported net income was -$948K.
How have Minnesota Diversified Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Diversified Industries, Inc.'s sponsor-wide assets grew 35.9%, from $8M to $11M.
Which Other plans are similar in size to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.?
Among Other plans in other states, the closest by assets is The Unity Council 403(b) Plan in CA ($8M, 293 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.?
Among Other plans in other states, the closest by covered participants is Emergycare 403(b) Plan in PA (228 participants, $7M in assets).