401(k) · DOL Form 5500 · 2022

The Luther Holding Company 401(k) Plan

Data updated 2026-08-11

$241M
Total assets
3,803
Participants
96th
Percentile by assets
$63,382
Avg per participant
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Official DOL plan name: The Luther Holding Company Savings Plus Retirement Plan · Sponsored by The Luther Holding Company · Minnesota · Retail Trade

$241M in assets, 3,803 participants

The Luther Holding Company's The Luther Holding Company Savings Plus Retirement Plan reported $241M in total assets and 3,803 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #9,317 in Retail Trade (9,519 peers)

Coverage in Minnesota

The Luther Holding Company Savings Plus Retirement Plan covers 3,803 participants in Minnesota, 3.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $241M.

$241M
total plan assets (2022 EOY)
3,803
covered participants
96th
percentile by assets (of 139,126 plans)
$63,382
avg assets per participant

The plan reported a net loss of $48M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. The Luther Holding Company Savings Plus Retirement Plan reports 3,803 participants - 3.4x that state average ($241M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$275M
Net Assets (End of Year)$241M
Net Income-$48M
Employer EIN411655557
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Luther Holding Company)

$200M$250M$300M$350M 202220232024 $241M $317M ▲ +31.5%
Total plan assets by year, all The Luther Holding Company plans on file
Year Plans Participants Total Assets
2022 1 3,803 $241M
2023 1 3,979 $285M
2024 1 3,910 $317M

Nearby 401(k) Plans in Minnesota

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

The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants The Luther Holding C…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Luther Holding Company Savings Plus Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Luther Holding Company Savings Plus Retirement Plan assets move in 2022?
The Luther Holding Company Savings Plus Retirement Plan pulled back noticeably - down 12.4% during 2022, from $275M to $241M. Reported net income was -$48M.
How have The Luther Holding Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Luther Holding Company's sponsor-wide assets grew 31.5%, from $241M to $317M.
Where does The Luther Holding Company Savings Plus Retirement Plan rank by assets among Form 5500 filers?
The Luther Holding Company Savings Plus Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Luther Holding Company Savings Plus Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Ellwood 401(k) Retirement Plan in PA ($241M, 1,331 participants).

Next read for The Luther Holding Company Savings Plus …

Filing takeaways

Ways to act on The Luther Holding Company Savings Plus Retirement Plan's numbers.

  • By total assets, The Luther Holding Company Savings Plus Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • The Luther Holding Company's sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Retail Trade plans