401(k) · DOL Form 5500 · 2023

Hovland & Rasmus, PLLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
3
Participants Small participant base
29th
Percentile by assets National rank
$561,857
Avg per participant High balance/head
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Official DOL plan name: Hovland & Rasmus, PLLC 401(k) Plan · Sponsored by Hovland & Rasmus, PLLC · Minnesota · Professional & Technical Services

$2M in assets, 3 participants

Hovland & Rasmus, PLLC's Hovland & Rasmus, PLLC 401(k) Plan reported $2M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #4,904 in Professional & Technical Services (20,321 peers)

Hovland & Rasmus, PLLC multi-year trail

Hovland & Rasmus, PLLC's plans moved +68.4% in assets from 2022 to 2024; this filing shows Hovland & Rasmus, PLLC 401(k) Plan at $2M / 3 participants.

#4,904
in Professional & Technical Services (20,321 peers)
+34.7%
assets growth YoY

Hovland & Rasmus, PLLC 401(k) Plan among the smaller filed plans by assets

Hovland & Rasmus, PLLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,685,570 29th percentile higher than 29% of 127,068 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 2023

Hovland & Rasmus, PLLC 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hovland & Rasmus, PLLC 401(k) Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hovland & Rasmus, PLLC 401(k) Plan reported net income rose from -$511K in the plan year 2022 filing to $434K in the plan year 2023 filing.
  • Hovland & Rasmus, PLLC 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 473135311 · Hovland & Rasmus, PLLC PY 2023 · 401(k)

Hovland & Rasmus, PLLC 401(k) Plan · $2M · 3 · 29th

  • VS-ST $2M
  • VS-ST 3
  • VS-ST 29th
  • VS-ST 401(k)
  • VS-ST near North Shore Dental Porcelain Labs 401(k) Profit Sharing Plan
  • VS-ST ind #4904

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 →

Hovland & Rasmus, PLLC 401(k) Plan in the asset neighbourhood

Hovland & Rasmus, PLLC 401(k) PlanHovland & Rasmus, PLLC 401(k…$2MNorth Shore Dental Porcelain Labs 401(k) Profit Sharing PlanNorth Shore Dental Porcelain…$2MAc, Inc. Profit Sharing Plan$2MEvergreen Fibres, Inc. 401(k) Savings PlanEvergreen Fibres, Inc. 401(k…$2MKayser Layne & Clark, PLLC Profit Sharing PlanKayser Layne & Clark, PLLC P…$2M
End-of-year total assets ($M) among Hovland & Rasmus, PLLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hovland & Rasmus, PLLC multi-year asset trail

Sponsor-wide plan assets over time

All Hovland & Rasmus, PLLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 68.38287346054341% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.25M $2.11M ▲ +68.8%
Year Plans Participants Total Assets
2022 1 3 $1M
2023 1 3 $2M
2024 1 3 $2M

Hovland & Rasmus, PLLC filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$434K
Employer EIN473135311
Plan Effective Date2014-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Hovland & Rasmus, PLLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hovland & Rasmus, PLLC 401(k) Plan, Total assets ($B): 0.00168557 · Participants: 3Hovland & Rasmus, PLLC 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Hovland & Rasmus, PLLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hovland & Rasmus, PLLC 401(k) Plan side-by-side with 3 peers →

Hovland & Rasmus, PLLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is North Shore Dental Porcelain Labs 401(k) Profit Sharing Plan in MA ($2M); by covered participants it is Cookeville Urology PLC 401(k) Profit Sharing Plan in TN (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hovland & Rasmus, PLLC 401(k) Plan assets move in 2023? ▼
Hovland & Rasmus, PLLC 401(k) Plan surged - up 34.7% during 2023, from $1M to $2M. Reported net income was $434K.
How have Hovland & Rasmus, PLLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hovland & Rasmus, PLLC's sponsor-wide assets grew 68.4%, from $1M to $2M.
Which 401(k) plans are similar in size to Hovland & Rasmus, PLLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is North Shore Dental Porcelain Labs 401(k) Profit Sharing Plan in MA ($2M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Hovland & Rasmus, PLLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cookeville Urology PLC 401(k) Profit Sharing Plan in TN (3 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 473135311.

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.