401(k) · DOL Form 5500 · 2023

Plastech Corporation 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
615
Participants Below avg headcount
78th
Percentile by assets National rank
$44,609
Avg per participant Low balance/head
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Official DOL plan name: Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust · Sponsored by Plastech Corporation · Minnesota · Manufacturing

$27M in assets, 615 participants

Plastech Corporation's Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust reported $27M in total assets and 615 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,978 in Manufacturing (18,722 peers)

Where Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits by assets

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $27M for 615 participants (~$44,609/participant), up 0.8% in 2023.

#12,978
in Manufacturing (18,722 peers)
+0.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust's outsized position by total assets

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs every filed plan by assets

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

$27,434,596 Top 22% higher than 78% 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

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust 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. Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust sits mid-pack in the medium band (615 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust reported net income rose from -$4M in the plan year 2022 filing to $210K in the plan year 2023 filing.
  • Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust reported participants fell from 679 in the plan year 2022 filing to 615 in the plan year 2023 filing.
  • Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust end-of-year assets rose from $27M in the plan year 2022 filing to $27M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410784793 · Plastech Corporation PY 2023 · 401(k)

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust · $27M · 615 · 78th

  • PHOTO $27M
  • IND 615
  • EOY 78th
  • 5500 401(k)
  • ASSETS near Albuquerque Publishing Company 401(k) Plan
  • PCT ind #12978

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 →

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust in the asset neighbourhood

Albuquerque Publishing Company 401(k) PlanAlbuquerque Publishing Compa…$27MHaselwood Auto Group 401(k) PlanHaselwood Auto Group 401(k) …$27MSenior Living Communities 401(k) PlanSenior Living Communities 40…$27MSanta Fuel, Inc. 401(k) Savings PlanSanta Fuel, Inc. 401(k) Savi…$27MFrandsen Group Tax Deferred Savings and Profit Sharing Plan and TrustFrandsen Group Tax Deferred …$27M
End-of-year total assets ($M) among Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$27M
Net Income$210K
Employer EIN410784793
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plastech Corporation)

Sponsor-wide plan assets over time

All Plastech Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$30M 11.062318157468102% vs 2022
2024 filing year
$26M$27M$28M$29M$30M$31M 202220232024 $27.2M $30.2M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 679 $27M
2023 1 615 $27M
2024 1 573 $30M

Nearby 401(k) Plans in Minnesota

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

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust, Total assets ($B): 0.027434596 · Participants: 615Frandsen Group Tax Deferred Savings and Profit Sharing Plan and TrustUnitedhealth 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
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust side-by-side with 3 peers →

Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Albuquerque Publishing Company 401(k) Plan in NM ($27M); by covered participants it is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (615 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 Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust assets move in 2023? ▼
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust held essentially flat - up 0.8% during 2023, from $27M to $27M. Reported net income was $210K.
How have Plastech Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plastech Corporation's sponsor-wide assets grew 11.1%, from $27M to $30M.
Where does Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust ranks in the 78th 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 Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Albuquerque Publishing Company 401(k) Plan in NM ($27M, 196 participants).
Which 401(k) plans cover a similar participant headcount to Frandsen Group Tax Deferred Savings and Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Rag & Bone Industries, LLC 401(k) Plan in NY (615 participants, $12M 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 410784793.

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.