401(k) · DOL Form 5500 · 2023

Bedford Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
406
Participants Below avg headcount
88th
Percentile by assets National rank
$168,790
Avg per participant Above avg balance/head
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Official DOL plan name: Bedford Industries, Inc. Salary Savings Plan · Sponsored by Bedford Industries, Inc. · Minnesota · Manufacturing

$69M in assets, 406 participants

Bedford Industries, Inc.'s Bedford Industries, Inc. Salary Savings Plan reported $69M in total assets and 406 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,530 in Manufacturing (18,722 peers)

Coverage in Minnesota

Bedford Industries, Inc. Salary Savings Plan covers 406 participants in Minnesota, about 36% of the average Minnesota filer (state average ~1,126 per filing). Assets: $69M.

#15,530
in Manufacturing (18,722 peers)
+14.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Bedford Industries, Inc. Salary Savings Plan's outsized position by total assets

Bedford Industries, Inc. Salary Savings Plan vs every filed plan by assets

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

$68,528,903 Top 12% higher than 88% 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

Bedford Industries, Inc. Salary 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. Bedford Industries, Inc. Salary Savings Plan sits mid-pack in the medium band (406 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bedford Industries, Inc. Salary Savings Plan reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Bedford Industries, Inc. Salary Savings Plan end-of-year assets rose from $60M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Bedford Industries, Inc. Salary Savings Plan reported participants fell from 446 in the plan year 2022 filing to 406 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 460379341 · Bedford Industries, Inc. PY 2023 · 401(k)

Bedford Industries, Inc. Salary Savings Plan · $69M · 406 · 88th

  • EIN $69M
  • RANK 406
  • PHOTO 88th
  • IND 401(k)
  • EOY near Horrocks Engineers 401(k) Plan
  • 5500 ind #15530

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 →

Bedford Industries, Inc. Salary Savings Plan in the asset neighbourhood

Bedford Industries, Inc. Salary Savings PlanBedford Industries, Inc. Sal…$69MHorrocks Engineers 401(k) PlanHorrocks Engineers 401(k) Pl…$69MMetro/Ipn 401(k) Plan$69MDzs Inc. 401(k) Plan$69MBadger Mining Corporation 401(k) Savings PlanBadger Mining Corporation 40…$69M
End-of-year total assets ($M) among Bedford Industries, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$69M
Net Income$9M
Employer EIN460379341
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bedford Industries, Inc.)

Sponsor-wide plan assets over time

All Bedford Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$71M 19.07069213698504% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.9M $71.3M ▲ +19.1%
Year Plans Participants Total Assets
2022 1 446 $60M
2023 1 406 $69M
2024 1 405 $71M

Nearby 401(k) Plans in Minnesota

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

Bedford Industries, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Bedford Industries, Inc. Salary Savings Plan, Total assets ($B): 0.068528903 · Participants: 406Bedford Industries, 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
Bedford Industries, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bedford Industries, Inc. Salary Savings Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Horrocks Engineers 401(k) Plan in UT ($69M); by covered participants it is Motion Pt Group, Inc. 401(k) Plan in NJ (406 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($69M here).

Similar participant headcount

Nearest other-state filings by covered participants (406 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 Bedford Industries, Inc. Salary Savings Plan assets move in 2023? ▼
Bedford Industries, Inc. Salary Savings Plan grew at a solid clip - up 14.5% during 2023, from $60M to $69M. Reported net income was $9M.
How have Bedford Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bedford Industries, Inc.'s sponsor-wide assets grew 19.1%, from $60M to $71M.
Where does Bedford Industries, Inc. Salary Savings Plan rank by assets among Form 5500 filers? ▼
Bedford Industries, Inc. Salary Savings Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bedford Industries, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Horrocks Engineers 401(k) Plan in UT ($69M, 826 participants).
Which 401(k) plans cover a similar participant headcount to Bedford Industries, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Motion Pt Group, Inc. 401(k) Plan in NJ (406 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 460379341.

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.