Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

KRAEMER NORTH AMERICA, LLC

This Profit Sharing plan holds $48M in total assets and serves 179 participants as of 2023. It is sponsored by KRAEMER NORTH AMERICA, LLC in Minnesota. The plan reported positive net income of $8M for the year.

Total Assets (2023)
$48M
Participants
179
State
Industry
Construction

What the Filing Says About KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN

KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN is a Profit Sharing retirement plan sponsored by KRAEMER NORTH AMERICA, LLC, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $48M in total end-of-year assets and covers 179 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 472031815, and the plan has been effective since 1961-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2023 to $48M at year-end — a gain of 21.2%. Net assets (after liabilities) closed the year at $48M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$40M
Total Assets (End of Year)$48M
Net Assets (End of Year)$48M
Net Income$8M
Plan TypeProfit Sharing
Employer EIN472031815
Plan Effective Date1961-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KRAEMER NORTH AMERICA, LLC)

Year Plans Participants Total Assets
2022 1 183 $40M
2023 1 179 $48M
2024 1 200 $54M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN?
As of the 2023 Form 5500 filing, KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN holds $48M in total assets with 179 participants. It is sponsored by KRAEMER NORTH AMERICA, LLC.
What type of plan is KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN?
KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1961-04-01. The plan is filed with the U.S. Department of Labor under EIN 472031815.
Who sponsors the KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN?
KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN is sponsored by KRAEMER NORTH AMERICA, LLC, located in Minnesota. The sponsor's EIN is 472031815 and the plan operates in the Construction industry.
How did KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN perform in 2023?
KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN grew by 21.2% during 2023, moving from $40M to $48M in total assets. Net income was $8M.
Where can I find official filings for KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN?
Official Form 5500 filings for KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 472031815 or plan name at efast.dol.gov.
How does KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN compare to other plans?
You can compare KRAEMER NORTH AMERICA, LLC 401(K) SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 472031815.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.