401(k) · DOL Form 5500 · 2023

Hanco Corp. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
25
Participants Small participant base
31st
Percentile by assets National rank
$81,537
Avg per participant Below avg balance/head
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Official DOL plan name: Hanco Corp. Retirement Plan · Sponsored by Hanco Corp. · Minnesota · Wholesale Trade

$2M in assets, 25 participants

Hanco Corp.'s Hanco Corp. Retirement Plan reported $2M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,258 in Wholesale Trade (6,309 peers)

Hanco Corp. multi-year trail

Hanco Corp.'s plans moved +42.7% in assets from 2022 to 2024; this filing shows Hanco Corp. Retirement Plan at $2M / 25 participants.

#1,258
in Wholesale Trade (6,309 peers)
+22.3%
assets growth YoY

Hanco Corp. Retirement Plan among the smaller filed plans by assets

Hanco Corp. Retirement Plan vs every filed plan by assets

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

$2,038,423 31st percentile higher than 31% 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

Hanco Corp. Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanco Corp. Retirement Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanco Corp. Retirement Plan reported net income rose from -$229K in the plan year 2022 filing to $371K in the plan year 2023 filing.
  • Hanco Corp. Retirement Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 201691411 · Hanco Corp. PY 2023 · 401(k)

Hanco Corp. Retirement Plan · $2M · 25 · 31st

  • RANK $2M
  • RANK 25
  • RANK 31st
  • RANK 401(k)
  • RANK near Legacy Advisors, Inc 401(k) Profit Sharing Plan
  • RANK ind #1258

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Hanco Corp. Retirement Plan in the asset neighbourhood

Hanco Corp. Retirement Plan$2MLegacy Advisors, Inc 401(k) Profit Sharing PlanLegacy Advisors, Inc 401(k) …$2MCrosspoint, Inc. 401(k) Plan$2MAlabama Heart Care, LLC 401(k) Profit Sharing PlanAlabama Heart Care, LLC 401(…$2MMmm Consumer Brands 401(k) Retirement Plan and TrustMmm Consumer Brands 401(k) R…$2M
End-of-year total assets ($M) among Hanco Corp. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hanco Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Hanco Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 42.71415856382353% vs 2022
2024 filing year
$1.5M$2M$2.5M 202220232024 $1.67M $2.38M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 25 $2M
2023 1 25 $2M
2024 1 29 $2M

Hanco Corp. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$371K
Employer EIN201691411
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Hanco Corp. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hanco Corp. Retirement Plan, Total assets ($B): 0.002038423 · Participants: 25Hanco Corp. 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
Hanco Corp. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hanco Corp. Retirement Plan side-by-side with 3 peers →

Hanco Corp. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Legacy Advisors, Inc 401(k) Profit Sharing Plan in AL ($2M); by covered participants it is Pyromet 401(k) Plan in PA (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Hanco Corp. Retirement Plan assets move in 2023? ▼
Hanco Corp. Retirement Plan grew sharply - up 22.3% during 2023, from $2M to $2M. Reported net income was $371K.
How have Hanco Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanco Corp.'s sponsor-wide assets grew 42.7%, from $2M to $2M.
Which 401(k) plans are similar in size to Hanco Corp. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Legacy Advisors, Inc 401(k) Profit Sharing Plan in AL ($2M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Hanco Corp. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pyromet 401(k) Plan in PA (25 participants, N/A 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 201691411.

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.