401(k) · DOL Form 5500 · 2023

Polaris Industries Inc. 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets: 8,906
Participants: 99th
Percentile by assets: $114,150
Avg per participant

Official DOL plan name: Polaris 401(k) Retirement Savings Plan · Sponsored by Polaris Industries Inc. · Minnesota · Manufacturing

$1.0B in assets, 8,906 participants

Polaris Industries Inc.'s Polaris 401(k) Retirement Savings Plan reported $1.0B in total assets and 8,906 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 127,072 plans)
#18,273 in Manufacturing (18,722 peers)

Coverage in Minnesota

Polaris 401(k) Retirement Savings Plan covers 8,906 participants in Minnesota, 7.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.0B.

$1.0B
total plan assets (2023 EOY): 8,906
covered participants: 99th
percentile by assets (of 127,072 plans): $114,150
avg assets per participant

Polaris 401(k) Retirement Savings Plan reported net income rose from -$208M in the plan year 2022 filing to $160M in the plan year 2023 filing.
Polaris 401(k) Retirement Savings Plan end-of-year assets rose from $851M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
Polaris 401(k) Retirement Savings Plan reported participants rose from 8,806 in the plan year 2022 filing to 8,906 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Polaris 401(k) Retirement Savings Plan reports 8,906 participants - 7.9x that state average ($1.0B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$851M
Net Assets (End of Year)	$1.0B
Net Income	$160M
Employer EIN	411857431
Plan Effective Date	1985-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Polaris Industries Inc.)

Total plan assets by year, all Polaris Industries Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	8,806	$851M
2023	1	8,906	$1.0B
2024	1	9,031	$1.1B

Nearby 401(k) Plans in Minnesota

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

Polaris 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Compare Polaris 401(k) Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Polaris 401(k) Retirement Savings Plan

Polaris 401(k) Retirement Savings Plan reports $1.0B in end-of-year assets across 8,906 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $114,150 per participant (83% of the national average assets-per-participant) . Net income for plan year 2023 was $160M.

This plan identity (EIN 411857431, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $851M to $1.1B (+32.1%) while covered participants moved from 8,806 to 9,031 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	8,806	$851M	Open filing
2023	8,906	$1.0B	This page
2024 · index core	9,031	$1.1B	Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Polaris 401(k) Retirement Savings Plan (401(k), $1.1B, 9,031 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Polaris 401(k) Retirement Savings Plan by total assets, not by location.

Hni Corporation Profit-Sharing Retirement Plan (IA) $1.0B · 6,526
Nuvance Health 401(k) Retirement Savings Plan (CT) $1.0B · 9,977
Oncor Thrift Plan (TX) $1.0B · 4,636
Webster Bank Retirement Savings Plan (NY) $1.0B · 2,988

Frequently Asked Questions

How did Polaris 401(k) Retirement Savings Plan assets move in 2023? ▼

Polaris 401(k) Retirement Savings Plan grew sharply - up 19.4% during 2023, from $851M to $1.0B. Reported net income was $160M.

How have Polaris Industries Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Polaris Industries Inc.'s sponsor-wide assets grew 32.1%, from $851M to $1.1B.

Where does Polaris 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Polaris 401(k) Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Polaris 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hni Corporation Profit-Sharing Retirement Plan in IA ($1.0B, 6,526 participants).

Next read for Polaris 401(k) Retirement Savings Plan

Filing takeaways

Ways to act on Polaris 401(k) Retirement Savings Plan's numbers.

By total assets, Polaris 401(k) Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Polaris Industries Inc.'s sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 411857431.