401(k) · DOL Form 5500 · 2023

Minnesota Air, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
84
Participants Small participant base
69th
Percentile by assets National rank
$194,720
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Minnesota Air, Inc. Salary Savings Plan · Sponsored by Minnesota Air, Inc. · Minnesota · Wholesale Trade

$16M in assets, 84 participants

Minnesota Air, Inc.'s Minnesota Air, Inc. Salary Savings Plan reported $16M in total assets and 84 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,051 in Wholesale Trade (6,309 peers)

Minnesota Air, Inc. multi-year trail

Minnesota Air, Inc.'s plans moved +36.2% in assets from 2022 to 2024; this filing shows Minnesota Air, Inc. Salary Savings Plan at $16M / 84 participants.

#4,051
in Wholesale Trade (6,309 peers)
+7.6%
assets growth YoY

Minnesota Air, Inc. Salary Savings Plan's outsized position by total assets

Minnesota Air, Inc. Salary Savings Plan vs every filed plan by assets

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

$16,356,502 Top 31% higher than 69% 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

Minnesota Air, Inc. Salary Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Air, Inc. Salary Savings Plan is a small filing (84 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Air, Inc. Salary Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Minnesota Air, Inc. Salary Savings Plan end-of-year assets rose from $15M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Minnesota Air, Inc. Salary Savings Plan reported participants fell from 85 in the plan year 2022 filing to 84 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411951020 · Minnesota Air, Inc. PY 2023 · 401(k)

Minnesota Air, Inc. Salary Savings Plan · $16M · 84 · 69th

  • BOOK $16M
  • BOOK 84
  • BOOK 69th
  • BOOK 401(k)
  • BOOK near Magruder Eye Institute 401(k) Plan
  • BOOK ind #4051

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 →

Minnesota Air, Inc. Salary Savings Plan in the asset neighbourhood

Minnesota Air, Inc. Salary Savings PlanMinnesota Air, Inc. Salary S…$16MMagruder Eye Institute 401(k) PlanMagruder Eye Institute 401(k…$16MWarco Retirement Plan$16MAllen Tate Companies Retirement PlanAllen Tate Companies Retirem…$16MGlobal Educational Excellence 401(k) Profit Sharing PlanGlobal Educational Excellenc…$16M
End-of-year total assets ($M) among Minnesota Air, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota Air, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Minnesota Air, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 36.15799808570893% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.2M $20.7M ▲ +36.2%
Year Plans Participants Total Assets
2022 1 85 $15M
2023 1 84 $16M
2024 1 93 $21M

Minnesota Air, Inc. filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN411951020
Plan Effective Date1992-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Minnesota Air, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Minnesota Air, Inc. Salary Savings Plan, Total assets ($B): 0.016356502 · Participants: 84Minnesota Air, Inc. Salary Savings 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
Minnesota Air, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Magruder Eye Institute 401(k) Plan in FL ($16M); by covered participants it is Trillium US, Inc. 401(k) Profit Sharing Plan and Trust in OR (84 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (84 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 Minnesota Air, Inc. Salary Savings Plan assets move in 2023?
Minnesota Air, Inc. Salary Savings Plan grew at a solid clip - up 7.6% during 2023, from $15M to $16M. Reported net income was $1M.
How have Minnesota Air, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Air, Inc.'s sponsor-wide assets grew 36.2%, from $15M to $21M.
Which 401(k) plans are similar in size to Minnesota Air, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Magruder Eye Institute 401(k) Plan in FL ($16M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Minnesota Air, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Trillium US, Inc. 401(k) Profit Sharing Plan and Trust in OR (84 participants, N/A in assets).