401(k) · DOL Form 5500 · 2022

Design Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
129
Participants Small participant base
77th
Percentile by assets National rank
$147,690
Avg per participant Above avg balance/head
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Official DOL plan name: Design Electric, Inc. 401(k) Retirement Plan · Sponsored by Design Electric, Inc. · Minnesota · Construction

$19M in assets, 129 participants

Design Electric, Inc.'s Design Electric, Inc. 401(k) Retirement Plan reported $19M in total assets and 129 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #7,546 in Construction (9,927 peers)

Coverage in Minnesota

Design Electric, Inc. 401(k) Retirement Plan covers 129 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $19M.

#7,546
in Construction (9,927 peers)
-6.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Design Electric, Inc. 401(k) Retirement Plan's outsized position by total assets

Design Electric, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$19,052,013 Top 23% higher than 77% 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

Design Electric, Inc. 401(k) Retirement 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. Design Electric, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (129 participants).

Plan-year Form 5500 strip

Filing strip 411223438 · Design Electric, Inc. PY 2022 · 401(k)

Design Electric, Inc. 401(k) Retirement Plan · $19M · 129 · 77th

  • TYPE $19M
  • TYPE 129
  • TYPE 77th
  • TYPE 401(k)
  • TYPE near Pride Tree Holdings, Inc. 401(k) Savings Plan
  • TYPE ind #7546

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 Construction retirement plans → · Plans in Minnesota →

Design Electric, Inc. 401(k) Retirement Plan in the asset neighbourhood

Murata Savings Plan$19MDesign Electric, Inc. 401(k) Retirement PlanDesign Electric, Inc. 401(k)…$19MPride Tree Holdings, Inc. 401(k) Savings PlanPride Tree Holdings, Inc. 40…$19MErrg, Inc 401(k) Retirement PlanErrg, Inc 401(k) Retirement …$19MUfcw-Employers Benefit Plans Group Administration LLC Safe Harbor 401(k) PlanUfcw-Employers Benefit Plans…$19M
End-of-year total assets ($M) among Design Electric, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$19M
Net Income-$1M
Employer EIN411223438
Plan Effective Date1994-01-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Electric, Inc.)

Sponsor-wide plan assets over time

All Design Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 21.670387270888384% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.1M $23.2M ▲ +21.7%
Year Plans Participants Total Assets
2022 1 129 $19M
2023 1 122 $21M
2024 1 132 $23M

Nearby 401(k) Plans in Minnesota

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

Design Electric, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Design Electric, Inc. 401(k) Retirement Plan, Total assets ($B): 0.019052013 · Participants: 129Design Electric, Inc. 401(k) Retirement 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
Design Electric, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Design Electric, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Design Electric, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pride Tree Holdings, Inc. 401(k) Savings Plan in NY ($19M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (129 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (129 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 Design Electric, Inc. 401(k) Retirement Plan assets move in 2022? ▼
Design Electric, Inc. 401(k) Retirement Plan pulled back noticeably - down 6.1% during 2022, from $20M to $19M. Reported net income was -$1M.
How have Design Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Electric, Inc.'s sponsor-wide assets grew 21.7%, from $19M to $23M.
Where does Design Electric, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Design Electric, Inc. 401(k) Retirement Plan ranks in the 77th 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 Design Electric, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pride Tree Holdings, Inc. 401(k) Savings Plan in NY ($19M, 91 participants).
Which 401(k) plans cover a similar participant headcount to Design Electric, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (129 participants, $449K 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 411223438.

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.