401(k) · DOL Form 5500 · 2022

Steffes, LLC 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
361
Participants Below avg headcount
85th
Percentile by assets National rank
$104,621
Avg per participant Below avg balance/head
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Official DOL plan name: Steffes Employees' 401(k) Profit Sharing Plan · Sponsored by Steffes, LLC · North Dakota · Manufacturing

$38M in assets, 361 participants

Steffes, LLC's Steffes Employees' 401(k) Profit Sharing Plan reported $38M in total assets and 361 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,271 in Manufacturing (20,602 peers)

Where Steffes Employees' 401(k) Profit Sharing Plan sits by assets

Steffes Employees' 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $38M for 361 participants (~$104,621/participant), down 10.5% in 2022.

#16,271
in Manufacturing (20,602 peers)
-10.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Steffes Employees' 401(k) Profit Sharing Plan's outsized position by total assets

Steffes Employees' 401(k) Profit Sharing Plan vs every filed plan by assets

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

$37,768,061 Top 15% higher than 85% 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

Steffes Employees' 401(k) 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. Steffes Employees' 401(k) Profit Sharing Plan sits mid-pack in the medium band (361 participants).

DOL schedule card

Filing strip 450320555 · Steffes, LLC PY 2022 · 401(k)

Steffes Employees' 401(k) Profit Sharing Plan · $38M · 361 · 85th

  • PART $38M
  • PART 361
  • PART 85th
  • PART 401(k)
  • PART near Cubesmart, L.P. 401(k) Plan
  • PART ind #16271

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 North Dakota →

Steffes Employees' 401(k) Profit Sharing Plan in the asset neighbourhood

Steffes Employees' 401(k) Profit Sharing PlanSteffes Employees' 401(k) Pr…$38MCubesmart, L.P. 401(k) Plan$38MNorth Arkansas Regional Medical Center 401(k) PlanNorth Arkansas Regional Medi…$38MGulliver Preparatory School, Inc. Employee Savings & Retirement PlanGulliver Preparatory School,…$38MNorth American Hoganas Salary 401(k) PlanNorth American Hoganas Salar…$38M
End-of-year total assets ($M) among Steffes Employees' 401(k) 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)$42M
Net Assets (End of Year)$38M
Net Income-$4M
Employer EIN450320555
Plan Effective Date1991-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steffes, LLC)

Sponsor-wide plan assets over time

All Steffes, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$54M 43.470449806782504% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $37.8M $54.2M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 361 $38M
2023 1 468 $47M
2024 1 576 $54M

Nearby 401(k) Plans in North Dakota

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

Steffes Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Steffes Employees' 401(k) Profit Sharing Plan, Total assets ($B): 0.037768061 · Participants: 361Steffes Employees' 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
Steffes Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Steffes Employees' 401(k) Profit Sharing Plan side-by-side with 3 peers →

Steffes Employees' 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Cubesmart, L.P. 401(k) Plan in PA ($38M); by covered participants it is Lancer Financial Group, Inc. 401(k) Profit Sharing in NY (361 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (361 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 Steffes Employees' 401(k) Profit Sharing Plan assets move in 2022? ▼
Steffes Employees' 401(k) Profit Sharing Plan pulled back noticeably - down 10.5% during 2022, from $42M to $38M. Reported net income was -$4M.
How have Steffes, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Steffes, LLC's sponsor-wide assets grew 43.5%, from $38M to $54M.
Where does Steffes Employees' 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Steffes Employees' 401(k) Profit Sharing Plan ranks in the 85th 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 Steffes Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cubesmart, L.P. 401(k) Plan in PA ($38M, 2,363 participants).
Which 401(k) plans cover a similar participant headcount to Steffes Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lancer Financial Group, Inc. 401(k) Profit Sharing in NY (361 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 450320555.

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.