401(k) · DOL Form 5500 · 2023

Adolfson & Peterson, Inc. 401(k) Plan

Data updated 2026-08-11

$76M
Total assets
544
Participants
89th
Percentile by assets
$139,184
Avg per participant
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Official DOL plan name: Adolfson & Peterson, Inc. Salary Savings Plan · Sponsored by Adolfson & Peterson, Inc. · Minnesota · Construction

$76M in assets, 544 participants

Adolfson & Peterson, Inc.'s Adolfson & Peterson, Inc. Salary Savings Plan reported $76M in total assets and 544 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #7,878 in Construction (9,030 peers)

Coverage in Minnesota

Adolfson & Peterson, Inc. Salary Savings Plan covers 544 participants in Minnesota, about 48% of the average Minnesota filer (state average ~1,126 per filing). Assets: $76M.

$76M
total plan assets (2023 EOY)
544
covered participants
89th
percentile by assets (of 127,072 plans)
$139,184
avg assets per participant

Where Adolfson & Peterson, Inc. Salary Savings Plan sits by total assets

Adolfson & Peterson, Inc. Salary Savings Plan vs every filed plan by assets

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

$75,715,859 Top 11% higher than 89% 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

  • Adolfson & Peterson, Inc. Salary Savings Plan reported net income rose from -$12M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Adolfson & Peterson, Inc. Salary Savings Plan end-of-year assets rose from $65M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Adolfson & Peterson, Inc. Salary Savings Plan reported participants fell from 554 in the plan year 2022 filing to 544 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Adolfson & Peterson, Inc. Salary Savings Plan reports 544 participants - about 48% of that state average ($76M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$76M
Net Income$11M
Employer EIN410731300
Plan Effective Date1959-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adolfson & Peterson, Inc.)

$60M$70M$80M$90M 202220232024 $64.9M $84.2M ▲ +29.8%
Total plan assets by year, all Adolfson & Peterson, Inc. plans on file
Year Plans Participants Total Assets
2022 1 554 $65M
2023 1 544 $76M
2024 1 578 $84M

Nearby 401(k) Plans in Minnesota

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

Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Adolfson & Peterson,…, Total assets ($B): 0.075715859 · Participants: 544Adolfson & Peterson,…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…
Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Adolfson & Peterson, Inc. Salary Savings… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Adolfson & Peterson, Inc. Salary Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Adolfson & Peterson, Inc. Salary Savings Plan assets move in 2023? ▼
Adolfson & Peterson, Inc. Salary Savings Plan grew sharply - up 16.7% during 2023, from $65M to $76M. Reported net income was $11M.
How have Adolfson & Peterson, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adolfson & Peterson, Inc.'s sponsor-wide assets grew 29.8%, from $65M to $84M.
Where does Adolfson & Peterson, Inc. Salary Savings Plan rank by assets among Form 5500 filers? ▼
Adolfson & Peterson, Inc. Salary Savings Plan ranks in the 89th 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 Adolfson & Peterson, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midflorida Credit Union Capital Accumulation Plan in FL ($76M, 1,265 participants).

Next read for Adolfson & Peterson, Inc. Salary Savings…

Filing takeaways

Ways to act on Adolfson & Peterson, Inc. Salary Savings Plan's numbers.

  • By total assets, Adolfson & Peterson, Inc. Salary Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Adolfson & Peterson, Inc.'s sponsor-wide assets have grown 29.8% since 2022 across 3 plan years on file. More Construction plans

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 410731300.

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.