401(k) · DOL Form 5500 · 2023

Team Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$95M
Total assets
1,038
Participants
91st
Percentile by assets
$91,079
Avg per participant
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Official DOL plan name: Team Industries 401(k) Plan · Sponsored by Team Industries, Inc. · Minnesota · Manufacturing

$95M in assets, 1,038 participants

Team Industries, Inc.'s Team Industries 401(k) Plan reported $95M in total assets and 1,038 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #16,149 in Manufacturing (18,722 peers)

Where Team Industries 401(k) Plan sits by assets

Team Industries 401(k) Plan sits in the top 10% of all filed plans by assets, $95M for 1,038 participants (~$91,079/participant), up 14.7% in 2023.

$95M
total plan assets (2023 EOY)
1,038
covered participants
91st
percentile by assets (of 127,072 plans)
$91,079
avg assets per participant

Where Team Industries 401(k) Plan sits by total assets

Team Industries 401(k) Plan vs every filed plan by assets

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

$94,539,641 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Team Industries 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Team Industries 401(k) Plan end-of-year assets rose from $82M in the plan year 2022 filing to $95M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

Team Industries 401(k) Plan vs the 2023 asset distribution

By assets, Team Industries 401(k) Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$95M
Net Income$12M
Employer EIN411760698
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Team Industries, Inc.)

$155M$160M$165M$170M 202220232024 $157M $165M ▲ +5.1%
Total plan assets by year, all Team Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,933 $157M
2023 2 1,935 $163M
2024 2 1,929 $165M

Nearby 401(k) Plans in Minnesota

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

Team Industries 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Team Industries 401(…, Total assets ($B): 0.094539641 · Participants: 1038Team Industries 401(…Unitedhealth Group 4…, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 4…Medtronic Savings an…, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings an…3M Voluntary Investm…, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Sav…
Team Industries 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Team Industries 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Team Industries 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Team Industries 401(k) Plan assets move in 2023? ▼
Team Industries 401(k) Plan grew at a solid clip - up 14.7% during 2023, from $82M to $95M. Reported net income was $12M.
How have Team Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Team Industries, Inc.'s sponsor-wide assets grew 5.1%, from $157M to $165M.
Where does Team Industries 401(k) Plan rank by assets among Form 5500 filers? ▼
Team Industries 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Team Industries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ensign United States Drilling Inc. 401(k) Profit Sharing Plan in TX ($95M, 2,154 participants).

Next read for Team Industries 401(k) Plan

Scale reading

Ways to act on Team Industries 401(k) Plan's numbers.

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 411760698.

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.