401(k) · DOL Form 5500 · 2023

Kraemer North America, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
179
Participants Small participant base
85th
Percentile by assets National rank
$268,854
Avg per participant High balance/head
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Official DOL plan name: Kraemer North America, LLC 401(k) Savings Plan · Sponsored by Kraemer North America, LLC · Minnesota · Construction

$48M in assets, 179 participants

Kraemer North America, LLC's Kraemer North America, LLC 401(k) Savings Plan reported $48M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,496 in Construction (9,030 peers)

Coverage in Minnesota

Kraemer North America, LLC 401(k) Savings Plan covers 179 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $48M.

#7,496
in Construction (9,030 peers)
+21.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Kraemer North America, LLC 401(k) Savings Plan's outsized position by total assets

Kraemer North America, LLC 401(k) Savings Plan vs every filed plan by assets

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

$48,124,840 Top 15% higher than 85% 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

Kraemer North America, LLC 401(k) 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. Kraemer North America, LLC 401(k) Savings Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kraemer North America, LLC 401(k) Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Kraemer North America, LLC 401(k) Savings Plan end-of-year assets rose from $40M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Kraemer North America, LLC 401(k) Savings Plan reported participants fell from 183 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 472031815 · Kraemer North America, LLC PY 2023 · 401(k)

Kraemer North America, LLC 401(k) Savings Plan · $48M · 179 · 85th

  • BOOK $48M
  • BOOK 179
  • BOOK 85th
  • BOOK 401(k)
  • BOOK near Motor City Electric Co. Retirement Plan
  • BOOK ind #7496

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 Construction retirement plans → · Plans in Minnesota →

Kraemer North America, LLC 401(k) Savings Plan in the asset neighbourhood

Rex-Hide Industries, Inc. Profit Sharing PlanRex-Hide Industries, Inc. Pr…$48MKraemer North America, LLC 401(k) Savings PlanKraemer North America, LLC 4…$48MMotor City Electric Co. Retirement PlanMotor City Electric Co. Reti…$48MRipple Labs 401(k) Plan$48MPacific Companies 401(k) Plan$48M
End-of-year total assets ($M) among Kraemer North America, LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

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

Sponsor Plan History (Kraemer North America, LLC)

Sponsor-wide plan assets over time

All Kraemer North America, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$54M 35.80857430218529% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $39.7M $53.9M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 183 $40M
2023 1 179 $48M
2024 1 200 $54M

Nearby 401(k) Plans in Minnesota

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

Kraemer North America, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Kraemer North America, LLC 401(k) Savings Plan, Total assets ($B): 0.04812484 · Participants: 179Kraemer North America, LLC 401(k) 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
Kraemer North America, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Kraemer North America, LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Motor City Electric Co. Retirement Plan in MI ($48M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Kraemer North America, LLC 401(k) Savings Plan assets move in 2023?
Kraemer North America, LLC 401(k) Savings Plan grew sharply - up 21.2% during 2023, from $40M to $48M. Reported net income was $8M.
How have Kraemer North America, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Kraemer North America, LLC's sponsor-wide assets grew 35.8%, from $40M to $54M.
Where does Kraemer North America, LLC 401(k) Savings Plan rank by assets among Form 5500 filers?
Kraemer North America, LLC 401(k) Savings Plan ranks in the 85th 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 Kraemer North America, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Motor City Electric Co. Retirement Plan in MI ($48M, 213 participants).
Which 401(k) plans cover a similar participant headcount to Kraemer North America, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M in assets).