401(k) · DOL Form 5500 · 2022

Trustees of South Central Minnesota Elec Workers Retirement and 401(k) 401(k) Plan

Data updated 2026-08-25

$266M
Total assets Near avg plan size
1,514
Participants Near avg headcount
96th
Percentile by assets National rank
$175,732
Avg per participant Above avg balance/head
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Official DOL plan name: South Central Minnesota Electrical Workers Retirement and 401(k) Plan · Sponsored by Trustees of South Central Minnesota Elec Workers Retirement and 401(k) · Minnesota · Construction

$266M in assets, 1,514 participants

Trustees of South Central Minnesota Elec Workers Retirement and 401(k)'s South Central Minnesota Electrical Workers Retirement and 401(k) Plan reported $266M in total assets and 1,514 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #9,527 in Construction (9,927 peers)

Where South Central Minnesota Electrical Workers Retirement and 401(k) Plan sits by assets

South Central Minnesota Electrical Workers Retirement and 401(k) Plan sits in the top 5% of all filed plans by assets, $266M for 1,514 participants (~$175,732/participant), up 13.5% in 2022.

#9,527
in Construction (9,927 peers)
+13.5%
assets growth YoY
2.7×
vs typical plan assets (national mean)

South Central Minnesota Electrical Workers Retirement and 401(k) Plan's outsized position by total assets

South Central Minnesota Electrical Workers Retirement and 401(k) Plan vs every filed plan by assets

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

$266,058,261 Top 4% higher than 96% 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

South Central Minnesota Electrical Workers Retirement and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. South Central Minnesota Electrical Workers Retirement and 401(k) Plan lands in the large band (1,514 participants).

Form 5500 schedule snapshot

Filing strip 411390063 · Trustees of South Central Minnesota Elec Workers Retirement and 401(k) PY 2022 · 401(k)

South Central Minnesota Electrical Workers Retirement and 401(k) Plan · $266M · 1,514 · 96th

  • EIN $266M
  • EIN 1,514
  • EIN 96th
  • EIN 401(k)
  • EIN near Pcs 401(k) Retirement Plan
  • EIN ind #9527

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 →

South Central Minnesota Electrical Workers Retirement and 401(k) Plan in the asset neighbourhood

Penske Logistics Retirement Savings PlanPenske Logistics Retirement …$267MTerumo Bct, Inc. 401(k) Plan$266MSouth Central Minnesota Electrical Workers Retirement and 401(k) PlanSouth Central Minnesota Elec…$266MPcs 401(k) Retirement Plan$266MTpg Global, LLC 401(k) Profit Sharing PlanTpg Global, LLC 401(k) Profi…$266M
End-of-year total assets ($M) among South Central Minnesota Electrical Workers Retirement and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$234M
Net Assets (End of Year)$266M
Net Income$32M
Employer EIN411390063
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of South Central Minnesota Elec Workers Retirement and 401(k))

Sponsor-wide plan assets over time

All Trustees of South Central Minnesota Elec Workers Retirement and 401(k) plans reported in each filing year

Latest sponsor-wide plan assets
$336M 26.325700144300352% vs 2022
2024 filing year
$250M$300M$350M 202220232024 $266M $336M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 1,514 $266M
2023 1 1,480 $307M
2024 1 1,577 $336M

Nearby 401(k) Plans in Minnesota

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

South Central Minnesota Electrical Workers Retirement and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants South Central Minnesota Electrical Workers Retirement and 401(k) Plan, Total assets ($B): 0.266058261 · Participants: 1514South Central Minnesota Electrical Workers Retirement and 401(k) 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
South Central Minnesota Electrical Workers Retirement and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare South Central Minnesota Electrical Workers Retirement and 401(k) Plan side-by-side with 3 peers →

South Central Minnesota Electrical Workers Retirement and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pcs 401(k) Retirement Plan in CO ($266M); by covered participants it is Southern Graphics Inc. Savings Plan in KY (1,514 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($266M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,514 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 South Central Minnesota Electrical Workers Retirement and 401(k) Plan assets move in 2022? ▼
South Central Minnesota Electrical Workers Retirement and 401(k) Plan grew at a solid clip - up 13.5% during 2022, from $234M to $266M. Reported net income was $32M.
How have Trustees of South Central Minnesota Elec Workers Retirement and 401(k) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of South Central Minnesota Elec Workers Retirement and 401(k)'s sponsor-wide assets grew 26.3%, from $266M to $336M.
Where does South Central Minnesota Electrical Workers Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼
South Central Minnesota Electrical Workers Retirement and 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to South Central Minnesota Electrical Workers Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pcs 401(k) Retirement Plan in CO ($266M, 1,242 participants).
Which 401(k) plans cover a similar participant headcount to South Central Minnesota Electrical Workers Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Graphics Inc. Savings Plan in KY (1,514 participants, $183M 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 411390063.

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.