401(k) · DOL Form 5500 · 2023

The Tile Shop, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
1,342
Participants Near avg headcount
85th
Percentile by assets National rank
$35,916
Avg per participant Low balance/head
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Official DOL plan name: The Tile Shop 401(k) Retirement Plan · Sponsored by The Tile Shop, LLC · Minnesota · Retail Trade

$48M in assets, 1,342 participants

The Tile Shop, LLC's The Tile Shop 401(k) Retirement Plan reported $48M in total assets and 1,342 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.

  • #7,715 in Retail Trade (8,414 peers)

Where The Tile Shop 401(k) Retirement Plan sits by assets

The Tile Shop 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $48M for 1,342 participants (~$35,916/participant), up 17.8% in 2023.

#7,715
in Retail Trade (8,414 peers)
+17.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Tile Shop 401(k) Retirement Plan's outsized position by total assets

The Tile Shop 401(k) Retirement Plan vs every filed plan by assets

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

$48,199,137 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

The Tile Shop 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Tile Shop 401(k) Retirement Plan lands in the large band (1,342 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Tile Shop 401(k) Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The Tile Shop 401(k) Retirement Plan end-of-year assets rose from $41M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • The Tile Shop 401(k) Retirement Plan reported participants rose from 1,320 in the plan year 2022 filing to 1,342 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 470901485 · The Tile Shop, LLC PY 2023 · 401(k)

The Tile Shop 401(k) Retirement Plan · $48M · 1,342 · 85th

  • EBSA $48M
  • EBSA 1,342
  • EBSA 85th
  • EBSA 401(k)
  • EBSA near Truebeck Construction, Inc. 401(k) Plan
  • EBSA ind #7715

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 Retail Trade retirement plans → · Plans in Minnesota →

The Tile Shop 401(k) Retirement Plan in the asset neighbourhood

Truebeck Construction, Inc. 401(k) PlanTruebeck Construction, Inc. …$48MHood & Strong 401(k) Plan$48MThe Tile Shop 401(k) Retirement PlanThe Tile Shop 401(k) Retirem…$48MWestwood Holdings Group, Inc. Savings PlanWestwood Holdings Group, Inc…$48MDominion Energy West Virginia Union Savings PlanDominion Energy West Virgini…$48M
End-of-year total assets ($M) among The Tile Shop 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$48M
Net Income$7M
Employer EIN470901485
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Tile Shop, LLC)

Sponsor-wide plan assets over time

All The Tile Shop, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 35.31235874661493% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.9M $55.4M ▲ +35.3%
Year Plans Participants Total Assets
2022 1 1,320 $41M
2023 1 1,342 $48M
2024 1 1,277 $55M

Nearby 401(k) Plans in Minnesota

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

The Tile Shop 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Tile Shop 401(k) Retirement Plan, Total assets ($B): 0.048199137 · Participants: 1342The Tile Shop 401(k) Retirement 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
The Tile Shop 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Tile Shop 401(k) Retirement Plan side-by-side with 3 peers →

The Tile Shop 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Truebeck Construction, Inc. 401(k) Plan in CA ($48M); by covered participants it is Dermatology Associates Retirement Plan in TX (1,342 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 (1,342 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 The Tile Shop 401(k) Retirement Plan assets move in 2023? ▼
The Tile Shop 401(k) Retirement Plan grew sharply - up 17.8% during 2023, from $41M to $48M. Reported net income was $7M.
How have The Tile Shop, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Tile Shop, LLC's sponsor-wide assets grew 35.3%, from $41M to $55M.
Where does The Tile Shop 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
The Tile Shop 401(k) Retirement 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 The Tile Shop 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Truebeck Construction, Inc. 401(k) Plan in CA ($48M, 290 participants).
Which 401(k) plans cover a similar participant headcount to The Tile Shop 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dermatology Associates Retirement Plan in TX (1,342 participants, $91M 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 470901485.

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.