401(k) · DOL Form 5500 · 2022

Applied Products Inc 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
215
Participants Below avg headcount
70th
Percentile by assets National rank
$61,297
Avg per participant Low balance/head
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Official DOL plan name: Applied Products, Inc. 401(k) Salary Savings Plan · Sponsored by Applied Products Inc · Minnesota · Wholesale Trade

$13M in assets, 215 participants

Applied Products Inc's Applied Products, Inc. 401(k) Salary Savings Plan reported $13M in total assets and 215 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,448 in Wholesale Trade (6,843 peers)

Coverage in Minnesota

Applied Products, Inc. 401(k) Salary Savings Plan covers 215 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#4,448
in Wholesale Trade (6,843 peers)
-20.6%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Applied Products, Inc. 401(k) Salary Savings Plan's outsized position by total assets

Applied Products, Inc. 401(k) Salary Savings Plan vs every filed plan by assets

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

$13,178,938 Top 30% higher than 70% 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

Applied Products, Inc. 401(k) Salary Savings 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. Applied Products, Inc. 401(k) Salary Savings Plan sits mid-pack in the medium band (215 participants).

EBSA filing schedule strip

Filing strip 202257905 · Applied Products Inc PY 2022 · 401(k)

Applied Products, Inc. 401(k) Salary Savings Plan · $13M · 215 · 70th

  • EIN $13M
  • EIN 215
  • EIN 70th
  • EIN 401(k)
  • EIN near Charles Daher's Commonwealth Motors 401(k) Retirement Plan
  • EIN ind #4448

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Applied Products, Inc. 401(k) Salary Savings Plan in the asset neighbourhood

Applied Products, Inc. 401(k) Salary Savings PlanApplied Products, Inc. 401(k…$13MCharles Daher's Commonwealth Motors 401(k) Retirement PlanCharles Daher's Commonwealth…$13MDakotaland Federal Credit Union 401(k) Plan & TrustDakotaland Federal Credit Un…$13MKestrel Field Services, Inc. 401(k) PlanKestrel Field Services, Inc.…$13MBill Pearce Motors, Inc. 401(k) Profit Sharing PlanBill Pearce Motors, Inc. 401…$13M
End-of-year total assets ($M) among Applied Products, Inc. 401(k) Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN202257905
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Applied Products Inc)

Sponsor-wide plan assets over time

All Applied Products Inc plans reported in each filing year

Latest sponsor-wide plan assets
$24M 82.707665822542% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.2M $24.1M ▲ +82.7%
Year Plans Participants Total Assets
2022 1 215 $13M
2023 1 266 $19M
2024 1 280 $24M

Nearby 401(k) Plans in Minnesota

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

Applied Products, Inc. 401(k) Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Applied Products, Inc. 401(k) Salary Savings Plan, Total assets ($B): 0.013178938 · Participants: 215Applied Products, Inc. 401(k) Salary Savings 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
Applied Products, Inc. 401(k) Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Applied Products, Inc. 401(k) Salary Savings Plan side-by-side with 3 peers →

Applied Products, Inc. 401(k) Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Charles Daher's Commonwealth Motors 401(k) Retirement Plan in MA ($13M); by covered participants it is Gault Energy Retirement Plan in CT (215 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (215 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 Applied Products, Inc. 401(k) Salary Savings Plan assets move in 2022? ▼
Applied Products, Inc. 401(k) Salary Savings Plan declined sharply - down 20.6% during 2022, from $17M to $13M. Reported net income was -$3M.
How have Applied Products Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Applied Products Inc's sponsor-wide assets grew 82.7%, from $13M to $24M.
Which 401(k) plans are similar in size to Applied Products, Inc. 401(k) Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Charles Daher's Commonwealth Motors 401(k) Retirement Plan in MA ($13M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Applied Products, Inc. 401(k) Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gault Energy Retirement Plan in CT (215 participants, $12M 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 202257905.

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.