401(k) · DOL Form 5500 · 2023
American Converters, Inc. 401(k) Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 152
- Participants Small participant base
- 62nd
- Percentile by assets National rank
- $75,979
- Avg per participant Below avg balance/head
Official DOL plan name: American Converters, Inc. Retirement Savings Plan · Sponsored by American Converters, Inc. · Minnesota · Manufacturing
$12M in assets, 152 participants
American Converters, Inc.'s American Converters, Inc. Retirement Savings Plan reported $12M in total assets and 152 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.
- #9,112 in Manufacturing (18,722 peers)
Coverage in Minnesota
American Converters, Inc. Retirement Savings Plan covers 152 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.
- #9,112
- in Manufacturing (18,722 peers)
- +18.1%
- assets growth YoY
American Converters, Inc. Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers
American Converters, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$11,548,747 Top 38% higher than 62% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
American Converters, Inc. Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Converters, Inc. Retirement Savings Plan sits mid-pack in the medium band (152 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- American Converters, Inc. Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- American Converters, Inc. Retirement Savings Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- American Converters, Inc. Retirement Savings Plan reported participants fell from 154 in the plan year 2022 filing to 152 in the plan year 2023 filing.
DOL schedule card
Filing strip 411284688 · American Converters, Inc. PY 2023 · 401(k)
American Converters, Inc. Retirement Savings Plan · $12M · 152 · 62nd
- PART $12M
- PART 152
- PART 62nd
- PART 401(k)
- PART near Align Aerospace 401(k) Plan
- PART ind #9112
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 Manufacturing retirement plans → · Plans in Minnesota →
American Converters, Inc. Retirement Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | $2M |
| Employer EIN | 411284688 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Converters, Inc.)
Sponsor-wide plan assets over time
All American Converters, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $13M 31.224021022671067% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 154 | $10M |
| 2023 | 1 | 152 | $12M |
| 2024 | 1 | 160 | $13M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
American Converters, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Align Aerospace 401(k) Plan in CA ($12M); by covered participants it is Rapid Financial Services, LLC 401(k) Retirement Plan in MD (152 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Align Aerospace 401(k) Plan (CA) $12M · 101
- R. E. Y. Engineers 401(k) Profit Sharing Plan (CA) $12M · 52
- Sigue Corporation 401(k) Plan (CA) $12M · 214
- V. Sangiacomo & Sons 401(k) Plan (CA) $12M · 136
Similar participant headcount
Nearest other-state filings by covered participants (152 participants); asset peers above are excluded.
- Rapid Financial Services, LLC 401(k) Retirement Plan (MD) 152 · 0 off
- Unitex Union 401(k) Plan (NY) 152 · 0 off
- Rockford Manufacturing Company Savings Plan (TN) 152 · 0 off
- Bolttech Mannings 401(k) Profit Sharing Plan (PA) 152 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.