401(k) · DOL Form 5500 · 2022

Minnetronix Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
311
Participants Below avg headcount
83rd
Percentile by assets National rank
$95,863
Avg per participant Below avg balance/head
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Official DOL plan name: Minnetronix Medical, Inc. 401(k) Plan and Trust · Sponsored by Minnetronix Medical, Inc. · Minnesota · Professional & Technical Services

$30M in assets, 311 participants

Minnetronix Medical, Inc.'s Minnetronix Medical, Inc. 401(k) Plan and Trust reported $30M in total assets and 311 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,967 in Professional & Technical Services (21,562 peers)

Coverage in Minnesota

Minnetronix Medical, Inc. 401(k) Plan and Trust covers 311 participants in Minnesota, about 28% of the average Minnesota filer (state average ~1,126 per filing). Assets: $30M.

#17,967
in Professional & Technical Services (21,562 peers)
-14.8%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minnetronix Medical, Inc. 401(k) Plan and Trust's outsized position by total assets

Minnetronix Medical, Inc. 401(k) Plan and Trust vs every filed plan by assets

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

$29,813,287 Top 17% higher than 83% 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

Minnetronix Medical, Inc. 401(k) Plan and Trust 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. Minnetronix Medical, Inc. 401(k) Plan and Trust sits mid-pack in the medium band (311 participants).

Form 5500 schedule snapshot

Filing strip 411828303 · Minnetronix Medical, Inc. PY 2022 · 401(k)

Minnetronix Medical, Inc. 401(k) Plan and Trust · $30M · 311 · 83rd

  • 5500 $30M
  • 5500 311
  • 5500 83rd
  • 5500 401(k)
  • 5500 near Faust Distributing Company 401(k) Savings Plan
  • 5500 ind #17967

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Minnetronix Medical, Inc. 401(k) Plan and Trust in the asset neighbourhood

The Claflin Company Savings & Retirement PlanThe Claflin Company Savings …$30MMcmenamins Pubs & Breweries 401(k) PlanMcmenamins Pubs & Breweries …$30MMinnetronix Medical, Inc. 401(k) Plan and TrustMinnetronix Medical, Inc. 40…$30MFaust Distributing Company 401(k) Savings PlanFaust Distributing Company 4…$30MSoutheast Christian Church Restated Retirement and Savings PlanSoutheast Christian Church R…$30M
End-of-year total assets ($M) among Minnetronix Medical, Inc. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$30M
Net Income-$5M
Employer EIN411828303
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnetronix Medical, Inc.)

Sponsor-wide plan assets over time

All Minnetronix Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 15.951951222285555% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.8M $34.6M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 311 $30M
2023 1 324 $34M
2024 1 326 $35M

Nearby 401(k) Plans in Minnesota

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

Minnetronix Medical, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Minnetronix Medical, Inc. 401(k) Plan and Trust, Total assets ($B): 0.029813287 · Participants: 311Minnetronix Medical, Inc. 401(k) Plan and TrustUnitedhealth 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
Minnetronix Medical, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Minnetronix Medical, Inc. 401(k) Plan and Trust side-by-side with 3 peers →

Minnetronix Medical, Inc. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Faust Distributing Company 401(k) Savings Plan in TX ($30M); by covered participants it is Brightwheel 401(k) Plan in CA (311 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (311 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 Minnetronix Medical, Inc. 401(k) Plan and Trust assets move in 2022? ▼
Minnetronix Medical, Inc. 401(k) Plan and Trust pulled back noticeably - down 14.8% during 2022, from $35M to $30M. Reported net income was -$5M.
How have Minnetronix Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnetronix Medical, Inc.'s sponsor-wide assets grew 16.0%, from $30M to $35M.
Where does Minnetronix Medical, Inc. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Minnetronix Medical, Inc. 401(k) Plan and Trust ranks in the 83rd 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 Minnetronix Medical, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Faust Distributing Company 401(k) Savings Plan in TX ($30M, 360 participants).
Which 401(k) plans cover a similar participant headcount to Minnetronix Medical, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Brightwheel 401(k) Plan in CA (311 participants, $6M 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 411828303.

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.