401(k) · DOL Form 5500 · 2022

American Business Group 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
175
Participants Small participant base
62nd
Percentile by assets National rank
$50,652
Avg per participant Low balance/head
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Official DOL plan name: American Business Group 401(k) Plan · Sponsored by American Business Group · Minnesota · Transportation & Warehousing

$9M in assets, 175 participants

American Business Group's American Business Group 401(k) Plan reported $9M in total assets and 175 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #2,529 in Transportation & Warehousing (3,876 peers)

Coverage in Minnesota

American Business Group 401(k) Plan covers 175 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#2,529
in Transportation & Warehousing (3,876 peers)
-17.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Business Group 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

American Business Group 401(k) Plan vs every filed plan by assets

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

$8,864,152 Top 38% higher than 62% 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

American Business Group 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. American Business Group 401(k) Plan sits mid-pack in the medium band (175 participants).

DOL schedule card

Filing strip 272355987 · American Business Group PY 2022 · 401(k)

American Business Group 401(k) Plan · $9M · 175 · 62nd

  • PART $9M
  • PART 175
  • PART 62nd
  • PART 401(k)
  • PART near Toptal Retirement Savings Plan
  • PART ind #2529

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 Transportation & Warehousing retirement plans → · Plans in Minnesota →

American Business Group 401(k) Plan in the asset neighbourhood

American Business Group 401(k) PlanAmerican Business Group 401(…$9MToptal Retirement Savings PlanToptal Retirement Savings Pl…$9MAgape Care Group Savings TrustAgape Care Group Savings Tru…$9MNational Wood Products, Inc. 401(k) Profit Sharing PlanNational Wood Products, Inc.…$9MJma Solutions, LLC 401(k) PlanJma Solutions, LLC 401(k) Pl…$9M
End-of-year total assets ($M) among American Business Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN272355987
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Business Group)

Sponsor-wide plan assets over time

All American Business Group plans reported in each filing year

Latest sponsor-wide plan assets
$12M 31.3293589730862% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.86M $11.6M ▲ +31.4%
Year Plans Participants Total Assets
2022 1 175 $9M
2023 1 156 $11M
2024 1 144 $12M

Nearby 401(k) Plans in Minnesota

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

American Business Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants American Business Group 401(k) Plan, Total assets ($B): 0.008864152 · Participants: 175American Business Group 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
American Business Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare American Business Group 401(k) Plan side-by-side with 3 peers →

American Business Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Toptal Retirement Savings Plan in DE ($9M); by covered participants it is Gudenkauf Corporation 401(k) Profit Sharing Plan in OH (175 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (175 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 American Business Group 401(k) Plan assets move in 2022? ▼
American Business Group 401(k) Plan declined sharply - down 17.0% during 2022, from $11M to $9M. Reported net income was -$2M.
How have American Business Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Business Group's sponsor-wide assets grew 31.3%, from $9M to $12M.
Which 401(k) plans are similar in size to American Business Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Toptal Retirement Savings Plan in DE ($9M, 289 participants).
Which 401(k) plans cover a similar participant headcount to American Business Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gudenkauf Corporation 401(k) Profit Sharing Plan in OH (175 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 272355987.

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.