Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Thies & Talle Management, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Thies & Talle Management, Inc. · Minnesota · Real Estate

What the 2023 filing shows

Thies & Talle Management, Inc. 401(k) Profit Sharing Plan holds $8M for 160 participants — about $51,095 per participant, down 16.8% over the 2022 plan year.

$8M
total plan assets (2022 EOY)
160
covered participants
$51,095
avg assets per participant
-16.8%
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.

Total Assets (2023)
$8M
Participants
160
State
Industry
Real Estate

What the Filing Says About Thies & Talle Management, Inc. 401(k) Profit Sharing Plan

Thies & Talle Management, Inc. 401(k) Profit Sharing Plan is a Profit Sharing retirement plan sponsored by Thies & Talle Management, Inc., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 160 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 411510139, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $8M at year-end — a decline of 16.8%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-1,645,894 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$-1,645,894
Plan TypeProfit Sharing
Employer EIN411510139
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Thies & Talle Management, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Thies & Talle Management, Inc. 401(k) Profit Sharing Plan holds $8M in total assets with 160 participants. It is sponsored by Thies & Talle Management, Inc..
What type of plan is Thies & Talle Management, Inc. 401(k) Profit Sharing Plan?
Thies & Talle Management, Inc. 401(k) Profit Sharing Plan is a Profit Sharing plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 411510139.
Who sponsors the Thies & Talle Management, Inc. 401(k) Profit Sharing Plan?
Thies & Talle Management, Inc. 401(k) Profit Sharing Plan is sponsored by Thies & Talle Management, Inc., located in Minnesota. The sponsor's EIN is 411510139 and the plan operates in the Real Estate industry.
How did Thies & Talle Management, Inc. 401(k) Profit Sharing Plan perform in 2022?
Thies & Talle Management, Inc. 401(k) Profit Sharing Plan declined by 16.8% during 2022, moving from $10M to $8M in total assets. Net income was $-1,645,894.
Where can I find official filings for Thies & Talle Management, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Thies & Talle Management, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411510139 or plan name at efast.dol.gov.
How does Thies & Talle Management, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Thies & Talle Management, Inc. 401(k) Profit Sharing Plan against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 411510139.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.