401(k) · DOL Form 5500 · 2023

Andersen Corporation 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
12,184
Participants Very large workforce
99th
Percentile by assets National rank
$106,070
Avg per participant Below avg balance/head
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Official DOL plan name: Andersen 401(k) Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing

$1.3B in assets, 12,184 participants

Andersen Corporation's Andersen 401(k) Plan reported $1.3B in total assets and 12,184 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.

  • #18,355 in Manufacturing (18,722 peers)

Coverage in Minnesota

Andersen 401(k) Plan covers 12,184 participants in Minnesota, 11x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.3B.

#18,355
in Manufacturing (18,722 peers)
+20.0%
assets growth YoY
13×
vs typical plan assets (national mean)

Andersen 401(k) Plan's outsized position by total assets

Andersen 401(k) Plan vs every filed plan by assets

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

$1,292,360,271 Top 1% higher than 99% 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

Andersen 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Andersen 401(k) Plan is a mega filing (12,184 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Andersen 401(k) Plan reported net income rose from -$164M in the plan year 2022 filing to $215M in the plan year 2023 filing.
  • Andersen 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Andersen 401(k) Plan reported participants rose from 10,644 in the plan year 2022 filing to 12,184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410123208 · Andersen Corporation PY 2023 · 401(k)

Andersen 401(k) Plan · $1.3B · 12,184 · 99th

  • BOOK $1.3B
  • BOOK 12,184
  • BOOK 99th
  • BOOK 401(k)
  • BOOK near Thales Incentive 401(k) Savings Plan
  • BOOK ind #18355

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 →

Andersen 401(k) Plan in the asset neighbourhood

Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanBlue Cross Blue Shield of Sc…$1.3BAndersen 401(k) Plan$1.3BThales Incentive 401(k) Savings PlanThales Incentive 401(k) Savi…$1.3BDisney Hourly Savings and Investment PlanDisney Hourly Savings and In…$1.3BGibson, Dunn & Crutcher LLP Retirement PlanGibson, Dunn & Crutcher LLP …$1.3B
End-of-year total assets ($B) among Andersen 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$215M
Employer EIN410123208
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Andersen Corporation)

Sponsor-wide plan assets over time

All Andersen Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 25.87036995396942% vs 2022
2024 filing year
$2.4B$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.56B $3.22B ▲ +25.8%
Year Plans Participants Total Assets
2022 4 22,011 $2.6B
2023 4 25,560 $3.1B
2024 4 26,820 $3.2B

Nearby 401(k) Plans in Minnesota

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

Andersen 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 0510152025 Total assets ($B) Participants Andersen 401(k) Plan, Total assets ($B): 1.292360271 · Participants: 12184Andersen 401(k) 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
Andersen 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Andersen 401(k) Plan side-by-side with 3 peers →

Scale composition for Andersen 401(k) Plan

Andersen 401(k) Plan reports $1.3B in end-of-year assets across 12,184 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $106,070 per participant (77% of the national average assets-per-participant) . Net income for plan year 2023 was $215M.

This plan identity (EIN 410123208, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+35.3%) while covered participants moved from 10,644 to 13,115 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,644 $1.1B Open filing
2023 12,184 $1.3B This page
2024 · index core 13,115 $1.5B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Andersen 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Thales Incentive 401(k) Savings Plan in VA ($1.3B); by covered participants it is Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan in MI (12,181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12,184 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 Andersen 401(k) Plan assets move in 2023? ▼
Andersen 401(k) Plan grew sharply - up 20.0% during 2023, from $1.1B to $1.3B. Reported net income was $215M.
How have Andersen Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Andersen Corporation's sponsor-wide assets grew 25.9%, from $2.6B to $3.2B.
Where does Andersen 401(k) Plan rank by assets among Form 5500 filers? ▼
Andersen 401(k) 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 Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thales Incentive 401(k) Savings Plan in VA ($1.3B, 3,700 participants).
Which 401(k) plans cover a similar participant headcount to Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ufp Industries, Inc. Employees' Profit Sharing and 401(k) Plan in MI (12,181 participants, $735M 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 410123208.

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.