401(k) · DOL Form 5500 · 2022

Blst Operating Company LLC 401(k) Plan

Data updated 2026-08-25

$195M
Total assets Near avg plan size
1,626
Participants Near avg headcount
96th
Percentile by assets National rank
$119,953
Avg per participant Near avg balance/head
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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.

  • #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.

#9,287
in Retail Trade (9,519 peers)
-21.6%
assets change YoY
2.0×
vs typical plan assets (national mean)

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.

Bluestem 401(k) Retirement Savings Plan's outsized position by total assets

Bluestem 401(k) Retirement Savings Plan vs every filed plan by assets

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

$195,044,299 Top 4% higher than 96% 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

Bluestem 401(k) Retirement Savings 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. Bluestem 401(k) Retirement Savings Plan lands in the large band (1,626 participants).

DOL schedule card

Filing strip 851387944 · Blst Operating Company LLC PY 2022 · 401(k)

Bluestem 401(k) Retirement Savings Plan · $195M · 1,626 · 96th

  • SCH $195M
  • SCH 1,626
  • SCH 96th
  • SCH 401(k)
  • SCH near Ionis Pharmaceuticals 401(k) Plan
  • SCH ind #9287

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 Retail Trade retirement plans → · Plans in Minnesota →

Bluestem 401(k) Retirement Savings Plan in the asset neighbourhood

Mitel 401(k) Plan$195MIonis Pharmaceuticals 401(k) PlanIonis Pharmaceuticals 401(k)…$195MBluestem 401(k) Retirement Savings PlanBluestem 401(k) Retirement S…$195MWieden & Kennedy, Inc. 401(k) Profit Sharing PlanWieden & Kennedy, Inc. 401(k…$195MVirginia Farm Bureau Companies Employees' 401(k) PlanVirginia Farm Bureau Compani…$195M
End-of-year total assets ($M) among Bluestem 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Blst Operating Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$204M 4.747411766185486% vs 2022
2024 filing year
$190M$195M$200M$205M$210M 202220232024 $195M $204M ▲ +4.7%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Bluestem 401(k) Retirement Savings Plan, Total assets ($B): 0.195044299 · Participants: 1626Bluestem 401(k) Retirement Savings 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
Bluestem 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bluestem 401(k) Retirement Savings Plan side-by-side with 3 peers →

Bluestem 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ionis Pharmaceuticals 401(k) Plan in CA ($195M); by covered participants it is Lifeworks (US) Ltd. 401(k) Savings Plan in GA (1,626 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($195M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,626 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 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).
Which 401(k) plans cover a similar participant headcount to Bluestem 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lifeworks (US) Ltd. 401(k) Savings Plan in GA (1,626 participants, $76M 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 851387944.

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.