401(k) · DOL Form 5500 · 2022

Forstrom Bancorporation Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
186
Participants Below avg headcount
68th
Percentile by assets National rank
$63,223
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Forstrom Bancorporation 401(k) Plan and Trust · Sponsored by Forstrom Bancorporation Inc. · Minnesota · Finance & Insurance

$12M in assets, 186 participants

Forstrom Bancorporation Inc.'s Forstrom Bancorporation 401(k) Plan and Trust reported $12M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,794 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Forstrom Bancorporation 401(k) Plan and Trust covers 186 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#4,794
in Finance & Insurance (9,261 peers)
-8.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Forstrom Bancorporation 401(k) Plan and Trust's outsized position by total assets

Forstrom Bancorporation 401(k) Plan and Trust vs every filed plan by assets

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

$11,759,527 Top 32% higher than 68% 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

Forstrom Bancorporation 401(k) Plan and Trust 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. Forstrom Bancorporation 401(k) Plan and Trust sits mid-pack in the medium band (186 participants).

Plan-year Form 5500 strip

Filing strip 411452688 · Forstrom Bancorporation Inc. PY 2022 · 401(k)

Forstrom Bancorporation 401(k) Plan and Trust · $12M · 186 · 68th

  • PHOTO $12M
  • IND 186
  • EOY 68th
  • 5500 401(k)
  • ASSETS near Collier Services Retirement Savings Plan
  • PCT ind #4794

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Forstrom Bancorporation 401(k) Plan and Trust in the asset neighbourhood

Forstrom Bancorporation 401(k) Plan and TrustForstrom Bancorporation 401(…$12MCollier Services Retirement Savings PlanCollier Services Retirement …$12MCentrix Incorporated 401(k) Profit Sharing PlanCentrix Incorporated 401(k) …$12MLester Electrical of Nebraska, Inc. 401(k) Savings PlanLester Electrical of Nebrask…$12MLeonard Bus Sales, Inc. Profit Sharing and 401(k) PlanLeonard Bus Sales, Inc. Prof…$12M
End-of-year total assets ($M) among Forstrom Bancorporation 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN411452688
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forstrom Bancorporation Inc.)

Sponsor-wide plan assets over time

All Forstrom Bancorporation Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 40.4949025585808% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.5M ▲ +40.5%
Year Plans Participants Total Assets
2022 1 186 $12M
2023 1 184 $14M
2024 1 207 $17M

Nearby 401(k) Plans in Minnesota

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

Forstrom Bancorporation 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Forstrom Bancorporation 401(k) Plan and Trust, Total assets ($B): 0.011759527 · Participants: 186Forstrom Bancorporation 401(k) Plan and TrustUnitedhealth 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
Forstrom Bancorporation 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Forstrom Bancorporation 401(k) Plan and Trust side-by-side with 3 peers →

Forstrom Bancorporation 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Collier Services Retirement Savings Plan in NJ ($12M); by covered participants it is Combs Concrete Construction Company 401(k) Plan in NC (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 Forstrom Bancorporation 401(k) Plan and Trust assets move in 2022? ▼
Forstrom Bancorporation 401(k) Plan and Trust pulled back noticeably - down 8.6% during 2022, from $13M to $12M. Reported net income was -$1M.
How have Forstrom Bancorporation Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forstrom Bancorporation Inc.'s sponsor-wide assets grew 40.5%, from $12M to $17M.
Which 401(k) plans are similar in size to Forstrom Bancorporation 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Collier Services Retirement Savings Plan in NJ ($12M, 180 participants).
Which 401(k) plans cover a similar participant headcount to Forstrom Bancorporation 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Combs Concrete Construction Company 401(k) Plan in NC (186 participants, $53K 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 411452688.

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.