401(k) · DOL Form 5500 · 2022

Elemet Group, Inc 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
102
Participants Small participant base
50th
Percentile by assets National rank
$48,141
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Elemet Group 401(k) Plan · Sponsored by Elemet Group, Inc · Minnesota · Manufacturing

$5M in assets, 102 participants

Elemet Group, Inc's The Elemet Group 401(k) Plan reported $5M in total assets and 102 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • #6,966 in Manufacturing (20,602 peers)

Coverage in Minnesota

The Elemet Group 401(k) Plan covers 102 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $5M.

#6,966
in Manufacturing (20,602 peers)
-13.4%
assets change YoY

The plan reported a net loss of $762K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Elemet Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Elemet Group 401(k) Plan vs every filed plan by assets

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

$4,910,423 Top 50% higher than 50% 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

The Elemet Group 401(k) Plan 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. The Elemet Group 401(k) Plan sits mid-pack in the medium band (102 participants).

DOL schedule card

Filing strip 815066079 · Elemet Group, Inc PY 2022 · 401(k)

The Elemet Group 401(k) Plan · $5M · 102 · 50th

  • EOY $5M
  • EOY 102
  • EOY 50th
  • EOY 401(k)
  • EOY near Cap1 401(k) Plan
  • EOY ind #6966

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 →

The Elemet Group 401(k) Plan in the asset neighbourhood

The Elemet Group 401(k) Plan$5MCap1 401(k) Plan$5MWe Care Senior Care, Inc. Retirement PlanWe Care Senior Care, Inc. Re…$5MEttore Products Company 401(k) Profit Sharing PlanEttore Products Company 401(…$5MFarmers Bank 401(k) Profit Sharing PlanFarmers Bank 401(k) Profit S…$5M
End-of-year total assets ($M) among The Elemet Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$762K
Employer EIN815066079
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elemet Group, Inc)

Sponsor-wide plan assets over time

All Elemet Group, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$7M 46.225630663590486% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.91M $7.18M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 102 $5M
2023 1 123 $6M
2024 1 120 $7M

Nearby 401(k) Plans in Minnesota

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

The Elemet Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants The Elemet Group 401(k) Plan, Total assets ($B): 0.004910423 · Participants: 102The Elemet Group 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
The Elemet Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Elemet Group 401(k) Plan side-by-side with 3 peers →

The Elemet Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Cap1 401(k) Plan in NY ($5M); by covered participants it is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (102 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 The Elemet Group 401(k) Plan assets move in 2022? ▼
The Elemet Group 401(k) Plan pulled back noticeably - down 13.4% during 2022, from $6M to $5M. Reported net income was -$762K.
How have Elemet Group, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elemet Group, Inc's sponsor-wide assets grew 46.2%, from $5M to $7M.
Which 401(k) plans are similar in size to The Elemet Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cap1 401(k) Plan in NY ($5M, 391 participants).
Which 401(k) plans cover a similar participant headcount to The Elemet Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants, N/A 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 815066079.

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.