401(k) · DOL Form 5500 · 2022

Turck Inc. 401(k) Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
650
Participants Below avg headcount
93rd
Percentile by assets National rank
$155,508
Avg per participant Above avg balance/head
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Official DOL plan name: Turck Inc. Employee Savings and Profit Sharing Plan · Sponsored by Turck Inc. · Minnesota · Manufacturing

$101M in assets, 650 participants

Turck Inc.'s Turck Inc. Employee Savings and Profit Sharing Plan reported $101M in total assets and 650 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #18,338 in Manufacturing (20,602 peers)

Where Turck Inc. Employee Savings and Profit Sharing Plan sits by assets

Turck Inc. Employee Savings and Profit Sharing Plan sits in the top 10% of all filed plans by assets, $101M for 650 participants (~$155,508/participant), down 19.5% in 2022.

#18,338
in Manufacturing (20,602 peers)
-19.5%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Turck Inc. Employee Savings and Profit Sharing Plan's outsized position by total assets

Turck Inc. Employee Savings and Profit Sharing Plan vs every filed plan by assets

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

$101,079,983 Top 7% higher than 93% 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

Turck Inc. Employee Savings and Profit Sharing 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. Turck Inc. Employee Savings and Profit Sharing Plan sits mid-pack in the medium band (650 participants).

EBSA filing schedule strip

Filing strip 411263309 · Turck Inc. PY 2022 · 401(k)

Turck Inc. Employee Savings and Profit Sharing Plan · $101M · 650 · 93rd

  • EOY $101M
  • EOY 650
  • EOY 93rd
  • EOY 401(k)
  • EOY near Reminger Co., L.P.a. Profit Sharing Plan and Trust
  • EOY ind #18338

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 Manufacturing retirement plans → · Plans in Minnesota →

Turck Inc. Employee Savings and Profit Sharing Plan in the asset neighbourhood

Cooper Farms Retirement Plan$101MReminger Co., L.P.a. Profit Sharing Plan and TrustReminger Co., L.P.a. Profit …$101MT.D. Williamson, Inc. Thrift Plan and TrustT.D. Williamson, Inc. Thrift…$101MTurck Inc. Employee Savings and Profit Sharing PlanTurck Inc. Employee Savings …$101MBarrios Technology 401(k) Profit Sharing PlanBarrios Technology 401(k) Pr…$101M
End-of-year total assets ($M) among Turck Inc. Employee Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$101M
Net Income-$25M
Employer EIN411263309
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Turck Inc.)

Sponsor-wide plan assets over time

All Turck Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$116M 14.836686310087726% vs 2022
2024 filing year
$95M$100M$105M$110M$115M$120M 202220232024 $101M $116M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 650 $101M
2023 1 695 $111M
2024 1 402 $116M

Nearby 401(k) Plans in Minnesota

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

Turck Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Turck Inc. Employee Savings and Profit Sharing Plan, Total assets ($B): 0.101079983 · Participants: 650Turck Inc. Employee Savings and Profit Sharing 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
Turck Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Turck Inc. Employee Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Reminger Co., L.P.a. Profit Sharing Plan and Trust in OH ($101M); by covered participants it is Whoop 401(k) Plan in MA (650 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($101M here).

Similar participant headcount

Nearest other-state filings by covered participants (650 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 Turck Inc. Employee Savings and Profit Sharing Plan assets move in 2022?
Turck Inc. Employee Savings and Profit Sharing Plan declined sharply - down 19.5% during 2022, from $126M to $101M. Reported net income was -$25M.
How have Turck Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Turck Inc.'s sponsor-wide assets grew 14.8%, from $101M to $116M.
Where does Turck Inc. Employee Savings and Profit Sharing Plan rank by assets among Form 5500 filers?
Turck Inc. Employee Savings and Profit Sharing Plan ranks in the 93rd 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 Turck Inc. Employee Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Reminger Co., L.P.a. Profit Sharing Plan and Trust in OH ($101M, 318 participants).
Which 401(k) plans cover a similar participant headcount to Turck Inc. Employee Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Whoop 401(k) Plan in MA (650 participants, $8M in assets).