Defined Benefit (Pension) · DOL Form 5500 · 2023
Andersen Corporation Pension Plan
Data updated 2026-08-11
- $833M
- Total assets
- 1,724
- Participants
- 98th
- Percentile by assets
- $483,192
- Avg per participant
Official DOL plan name: Andersen Corporation Employees' Pension and Retirement Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing
$833M in assets, 1,724 participants
Andersen Corporation's Andersen Corporation Employees' Pension and Retirement Plan reported $833M in total assets and 1,724 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #18,184 in Manufacturing (18,722 peers)
Where Andersen Corporation Employees' Pension and Retirement Plan sits by assets
Andersen Corporation Employees' Pension and Retirement Plan sits in the top 5% of all filed plans by assets, $833M for 1,724 participants (~$483,192/participant), up 3.4% in 2023.
- $833M
- total plan assets (2023 EOY)
- 1,724
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $483,192
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Andersen Corporation Employees' Pension and Retirement Plan reported net income rose from -$292M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Andersen Corporation Employees' Pension and Retirement Plan reported participants fell from 1,941 in the plan year 2022 filing to 1,724 in the plan year 2023 filing.
- Andersen Corporation Employees' Pension and Retirement Plan end-of-year assets rose from $806M in the plan year 2022 filing to $833M in the plan year 2023 filing.
Andersen Corporation Employees' Pension and Retirement Plan vs the 2023 asset distribution
By assets, Andersen Corporation Employees' Pension and Retirement Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 8.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $806M |
|---|---|
| Net Assets (End of Year) | $833M |
| Net Income | $27M |
| Employer EIN | 410123208 |
| Plan Effective Date | 1950-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Andersen Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 22,011 | $2.6B |
| 2023 | 4 | 25,560 | $3.1B |
| 2024 | 4 | 26,820 | $3.2B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Andersen Corporation Employees' Pension and Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- 3M Employee Retirement Income Plan $14.3B · 10,638
- Mayo Pension Plan $11.0B · 69,155
- The Travelers Pension Plan $4.2B · 24,884
- General Mills Pension Plan I $4.0B · 383
- U.S. Bank Pension Plan $4.0B · 56,287
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Andersen Corporation Employees' Pension and Retirement Plan by total assets, not by location.
- Cottage Health Pension Plan (CA) $835M · 3,651
- San Diego Gas & Electric Company Cash Balance Plan (CA) $831M · 4,365
- Keycorp Consolidated Cash Balance Plan (OH) $836M · 3,337
- Gciu - Employer Retirement Benefit Plan (WA) $838M · 1,387
Frequently Asked Questions
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Ways to act on Andersen Corporation Employees' Pension and Retirement Plan's numbers.
- By total assets, Andersen Corporation Employees' Pension and Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Andersen Corporation's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing plans