401(k) · DOL Form 5500 · 2022

Nico Products, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
243
Participants Below avg headcount
67th
Percentile by assets National rank
$45,457
Avg per participant Low balance/head
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Official DOL plan name: The Lindgren Group 401(k) Plan · Sponsored by Nico Products, Inc. · Minnesota · Manufacturing

$11M in assets, 243 participants

Nico Products, Inc.'s The Lindgren Group 401(k) Plan reported $11M in total assets and 243 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #11,264 in Manufacturing (20,602 peers)

Coverage in Minnesota

The Lindgren Group 401(k) Plan covers 243 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#11,264
in Manufacturing (20,602 peers)
-12.1%
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.

The Lindgren Group 401(k) Plan's outsized position by total assets

The Lindgren Group 401(k) Plan vs every filed plan by assets

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

$11,045,973 Top 33% higher than 67% 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

The Lindgren 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. The Lindgren Group 401(k) Plan sits mid-pack in the medium band (243 participants).

DOL schedule card

Filing strip 410969727 · Nico Products, Inc. PY 2022 · 401(k)

The Lindgren Group 401(k) Plan · $11M · 243 · 67th

  • EOY $11M
  • EOY 243
  • EOY 67th
  • EOY 401(k)
  • EOY near The Farmers National Bank 401(k) Plan
  • EOY ind #11264

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 →

The Lindgren Group 401(k) Plan in the asset neighbourhood

The Lindgren Group 401(k) PlanThe Lindgren Group 401(k) Pl…$11MThe Farmers National Bank 401(k) PlanThe Farmers National Bank 40…$11MWells Brothers, Inc. / Panel Control, Inc. 401(k) PlanWells Brothers, Inc. / Panel…$11MFrank Miller Lumber Company, Inc. Employees Retirement PlanFrank Miller Lumber Company,…$11MPharos Systems International, Inc. 401(k) Savings PlanPharos Systems International…$11M
End-of-year total assets ($M) among The Lindgren 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)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN410969727
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nico Products, Inc.)

Sponsor-wide plan assets over time

All Nico Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 38.94830269818693% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.1M $15.4M ▲ +38.9%
Year Plans Participants Total Assets
2022 1 243 $11M
2023 1 228 $13M
2024 1 221 $15M

Nearby 401(k) Plans in Minnesota

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

The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants The Lindgren Group 401(k) Plan, Total assets ($B): 0.011045973 · Participants: 243The Lindgren 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
The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Lindgren Group 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is The Farmers National Bank 401(k) Plan in PA ($11M); by covered participants it is Allied Wire & Cable, Inc. 401(k) Profit Sharing Plan in PA (243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (243 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 The Lindgren Group 401(k) Plan assets move in 2022? ▼
The Lindgren Group 401(k) Plan pulled back noticeably - down 12.1% during 2022, from $13M to $11M. Reported net income was -$2M.
How have Nico Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nico Products, Inc.'s sponsor-wide assets grew 38.9%, from $11M to $15M.
Which 401(k) plans are similar in size to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Farmers National Bank 401(k) Plan in PA ($11M, 181 participants).
Which 401(k) plans cover a similar participant headcount to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Allied Wire & Cable, Inc. 401(k) Profit Sharing Plan in PA (243 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 410969727.

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.