401(k) · DOL Form 5500 · 2022

Minnwest Corporation 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
446
Participants Below avg headcount
89th
Percentile by assets National rank
$127,856
Avg per participant Near avg balance/head
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Official DOL plan name: Minnwest Corporation 401(k) Plan · Sponsored by Minnwest Corporation · Minnesota · Finance & Insurance

$57M in assets, 446 participants

Minnwest Corporation's Minnwest Corporation 401(k) Plan reported $57M in total assets and 446 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,631 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Minnwest Corporation 401(k) Plan covers 446 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $57M.

#7,631
in Finance & Insurance (9,261 peers)
-11.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minnwest Corporation 401(k) Plan's outsized position by total assets

Minnwest Corporation 401(k) Plan vs every filed plan by assets

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

$57,023,976 Top 11% higher than 89% 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

Minnwest Corporation 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. Minnwest Corporation 401(k) Plan sits mid-pack in the medium band (446 participants).

DOL schedule card

Filing strip 411549950 · Minnwest Corporation PY 2022 · 401(k)

Minnwest Corporation 401(k) Plan · $57M · 446 · 89th

  • BOY $57M
  • SCH 446
  • EBSA 89th
  • PART 401(k)
  • TYPE near Pala 401(k) Retirement Savings Plan
  • NET ind #7631

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 →

Minnwest Corporation 401(k) Plan in the asset neighbourhood

Oportun 401(k) Plan$57MWestern States 401(k) Retirement Fund of the OpeiuWestern States 401(k) Retire…$57MAmano USA 401(k) Retirement PlanAmano USA 401(k) Retirement …$57MMinnwest Corporation 401(k) PlanMinnwest Corporation 401(k) …$57MPala 401(k) Retirement Savings PlanPala 401(k) Retirement Savin…$57M
End-of-year total assets ($M) among Minnwest Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$57M
Net Income-$7M
Employer EIN411549950
Plan Effective Date1987-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnwest Corporation)

Sponsor-wide plan assets over time

All Minnwest Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$77M 25.960195922340528% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.3M $77.3M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 806 $61M
2023 2 765 $70M
2024 2 746 $77M

Nearby 401(k) Plans in Minnesota

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

Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Minnwest Corporation 401(k) Plan, Total assets ($B): 0.057023976 · Participants: 446Minnwest Corporation 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
Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Minnwest Corporation 401(k) Plan side-by-side with 3 peers →

Minnwest Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pala 401(k) Retirement Savings Plan in CA ($57M); by covered participants it is Livingston-Wyoming Arc 401(k) Retirement Plan in NY (446 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($57M here).

Similar participant headcount

Nearest other-state filings by covered participants (446 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 Minnwest Corporation 401(k) Plan assets move in 2022? ▼
Minnwest Corporation 401(k) Plan pulled back noticeably - down 11.2% during 2022, from $64M to $57M. Reported net income was -$7M.
How have Minnwest Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnwest Corporation's sponsor-wide assets grew 26.0%, from $61M to $77M.
Where does Minnwest Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Minnwest Corporation 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pala 401(k) Retirement Savings Plan in CA ($57M, 1,240 participants).
Which 401(k) plans cover a similar participant headcount to Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Livingston-Wyoming Arc 401(k) Retirement Plan in NY (446 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 411549950.

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.