401(k) · DOL Form 5500 · 2023

Cinch Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
11
Participants Small participant base
32nd
Percentile by assets National rank
$200,022
Avg per participant Above avg balance/head
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Official DOL plan name: Cinch Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Cinch Systems, Inc. · Minnesota · Professional & Technical Services

$2M in assets, 11 participants

Cinch Systems, Inc.'s Cinch Systems, Inc. 401(k) Profit Sharing Plan reported $2M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #5,628 in Professional & Technical Services (20,321 peers)

Cinch Systems, Inc. multi-year trail

Cinch Systems, Inc.'s plans moved +32.5% in assets from 2022 to 2024; this filing shows Cinch Systems, Inc. 401(k) Profit Sharing Plan at $2M / 11 participants.

#5,628
in Professional & Technical Services (20,321 peers)
+16.8%
assets growth YoY

Cinch Systems, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Cinch Systems, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$2,200,241 32nd percentile higher than 32% 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

Cinch Systems, Inc. 401(k) Profit Sharing 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. Cinch Systems, Inc. 401(k) Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cinch Systems, Inc. 401(k) Profit Sharing Plan reported net income rose from $104K in the plan year 2022 filing to $317K in the plan year 2023 filing.
  • Cinch Systems, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Cinch Systems, Inc. 401(k) Profit Sharing Plan reported participants fell from 12 in the plan year 2022 filing to 11 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 204887690 · Cinch Systems, Inc. PY 2023 · 401(k)

Cinch Systems, Inc. 401(k) Profit Sharing Plan · $2M · 11 · 32nd

  • NET $2M
  • NET 11
  • NET 32nd
  • NET 401(k)
  • NET near Trendsetter 401(k) Plan
  • NET ind #5628

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 →

Cinch Systems, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Cinch Systems, Inc. 401(k) Profit Sharing PlanCinch Systems, Inc. 401(k) P…$2MTrendsetter 401(k) Plan$2MSteelhead Composites 401(k) PlanSteelhead Composites 401(k) …$2MExtreme Holding, Inc. 401(k) PlanExtreme Holding, Inc. 401(k)…$2MScanfil, Inc. Retirement Plan$2M
End-of-year total assets ($M) among Cinch Systems, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Cinch Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Cinch Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 32.47450246279258% vs 2022
2024 filing year
$1.8M$2M$2.2M$2.4M$2.6M 202220232024 $1.88M $2.49M ▲ +32.4%
Year Plans Participants Total Assets
2022 1 12 $2M
2023 1 11 $2M
2024 1 11 $2M

Cinch Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$317K
Employer EIN204887690
Plan Effective Date2006-05-12
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Cinch Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Cinch Systems, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.002200241 · Participants: 11Cinch Systems, Inc. 401(k) Profit Sharing 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
Cinch Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Cinch Systems, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Cinch Systems, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Trendsetter 401(k) Plan in TX ($2M); by covered participants it is True Colors International, Inc. Retirement Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Cinch Systems, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Cinch Systems, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.8% during 2023, from $2M to $2M. Reported net income was $317K.
How have Cinch Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cinch Systems, Inc.'s sponsor-wide assets grew 32.5%, from $2M to $2M.
Which 401(k) plans are similar in size to Cinch Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Trendsetter 401(k) Plan in TX ($2M, 196 participants).
Which 401(k) plans cover a similar participant headcount to Cinch Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is True Colors International, Inc. Retirement Plan in CA (11 participants, $863K 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 204887690.

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.