401(k) · DOL Form 5500 · 2022

Blst Operating Company LLC 401(k) Plan

Data updated 2026-08-11

$195M
Total assets
1,626
Participants
96th
Percentile by assets
$119,953
Avg per participant
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Official DOL plan name: Bluestem 401(k) Retirement Savings Plan · Sponsored by Blst Operating Company LLC · Minnesota · Retail Trade

$195M in assets, 1,626 participants

Blst Operating Company LLC's Bluestem 401(k) Retirement Savings Plan reported $195M in total assets and 1,626 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)
  • #9,287 in Retail Trade (9,519 peers)

Where Bluestem 401(k) Retirement Savings Plan sits by assets

Bluestem 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $195M for 1,626 participants (~$119,953/participant), down 21.6% in 2022.

$195M
total plan assets (2022 EOY)
1,626
covered participants
96th
percentile by assets (of 139,126 plans)
$119,953
avg assets per participant

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Bluestem 401(k) Retirement Savings Plan vs the 2022 asset distribution

By assets, Bluestem 401(k) Retirement Savings Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$249M
Net Assets (End of Year)$195M
Net Income-$54M
Employer EIN851387944
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blst Operating Company LLC)

$190M$195M$200M$205M$210M 202220232024 $195M $204M ▲ +4.7%
Total plan assets by year, all Blst Operating Company LLC plans on file
Year Plans Participants Total Assets
2022 1 1,626 $195M
2023 1 1,326 $201M
2024 1 930 $204M

Nearby 401(k) Plans in Minnesota

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

Bluestem 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Bluestem 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Bluestem 401(k) Reti…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Bluestem 401(k) Retirement Savings 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 Bluestem 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Bluestem 401(k) Retirement Savings Plan assets move in 2022?
Bluestem 401(k) Retirement Savings Plan declined sharply - down 21.6% during 2022, from $249M to $195M. Reported net income was -$54M.
How have Blst Operating Company LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Blst Operating Company LLC's sponsor-wide assets grew 4.7%, from $195M to $204M.
Where does Bluestem 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Bluestem 401(k) Retirement Savings 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 Bluestem 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ionis Pharmaceuticals 401(k) Plan in CA ($195M, 609 participants).

Next read for Bluestem 401(k) Retirement Savings Plan

Scale reading

Ways to act on Bluestem 401(k) Retirement Savings Plan's numbers.

  • By total assets, Bluestem 401(k) Retirement Savings 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
  • Blst Operating Company LLC's sponsor-wide assets have grown 4.7% since 2022 across 3 plan years on file. More Retail Trade plans