401(k) · DOL Form 5500 · 2022

Coborn's Incorporated 401(k) Plan

Data updated 2026-08-11

$124M
Total assets
5,583
Participants
94th
Percentile by assets
$22,265
Avg per participant
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Official DOL plan name: Coborn's Incorporated Employees Profit Sharing 401(k) Plan · Sponsored by Coborn's Incorporated · Minnesota · Retail Trade

$124M in assets, 5,583 participants

Coborn's Incorporated's Coborn's Incorporated Employees Profit Sharing 401(k) Plan reported $124M in total assets and 5,583 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #9,197 in Retail Trade (9,519 peers)

Coverage in Minnesota

Coborn's Incorporated Employees Profit Sharing 401(k) Plan covers 5,583 participants in Minnesota, 5.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $124M.

$124M
total plan assets (2022 EOY)
5,583
covered participants
94th
percentile by assets (of 139,126 plans)
$22,265
avg assets per participant

The plan reported a net loss of $32M 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. Coborn's Incorporated Employees Profit Sharing 401(k) Plan reports 5,583 participants - 5.0x that state average ($124M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$156M
Net Assets (End of Year)$124M
Net Income-$32M
Employer EIN410824910
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coborn's Incorporated)

$170M$180M$190M$200M$210M 202220232024 $174M $202M ▲ +16.4%
Total plan assets by year, all Coborn's Incorporated plans on file
Year Plans Participants Total Assets
2022 2 9,509 $174M
2023 2 10,828 $191M
2024 2 11,286 $202M

Nearby 401(k) Plans in Minnesota

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

Coborn's Incorporated Employees Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Coborn's Incorporated Employees Profit Sharing 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 Coborn's Incorporate…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Coborn's Incorporated Employees Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Coborn's Incorporated Employees Profit Sharing 401(k) Plan

Coborn's Incorporated Employees Profit Sharing 401(k) Plan reports $124M in end-of-year assets across 5,583 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $22,265 per participant (16% of the national average assets-per-participant) . Net income for plan year 2022 was -$32M.

This plan identity (EIN 410824910, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $124M to $162M (+30.4%) while covered participants moved from 5,583 to 7,217 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,583 $124M This page
2023 6,735 $142M Open filing
2024 · index core 7,217 $162M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Coborn's Incorporated Employees Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Coborn's Incorporated Employees Profit Sharing 401(k) Plan assets move in 2022?
Coborn's Incorporated Employees Profit Sharing 401(k) Plan declined sharply - down 20.5% during 2022, from $156M to $124M. Reported net income was -$32M.
How have Coborn's Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Coborn's Incorporated's sponsor-wide assets grew 16.4%, from $174M to $202M.
Where does Coborn's Incorporated Employees Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Coborn's Incorporated Employees Profit Sharing 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Coborn's Incorporated Employees Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Monroe Energy Retirement Plan in PA ($124M, 484 participants).

Next read for Coborn's Incorporated Employees Profit S…

Filing takeaways

Ways to act on Coborn's Incorporated Employees Profit Sharing 401(k) Plan's numbers.

  • By total assets, Coborn's Incorporated Employees Profit Sharing 401(k) Plan ranks in the top 10% 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
  • Coborn's Incorporated's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Retail Trade plans