401(k) · DOL Form 5500 · 2023

Adolfson & Peterson, Inc. 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
544
Participants Below avg headcount
89th
Percentile by assets National rank
$139,184
Avg per participant Near avg balance/head
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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.

  • #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.

#7,878
in Construction (9,030 peers)
+16.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Adolfson & Peterson, Inc. Salary Savings Plan's outsized position 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 $2,050,000,000 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

Adolfson & Peterson, Inc. Salary Savings Plan 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. Adolfson & Peterson, Inc. Salary Savings Plan sits mid-pack in the medium band (544 participants).

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 →

Published 5500 schedule card

Filing strip 410731300 · Adolfson & Peterson, Inc. PY 2023 · 401(k)

Adolfson & Peterson, Inc. Salary Savings Plan · $76M · 544 · 89th

  • BOY $76M
  • BOY 544
  • BOY 89th
  • BOY 401(k)
  • BOY near Midflorida Credit Union Capital Accumulation Plan
  • BOY ind #7878

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 Construction retirement plans → · Plans in Minnesota →

Adolfson & Peterson, Inc. Salary Savings Plan in the asset neighbourhood

Coach USA, Inc. 401(k) and Savings PlanCoach USA, Inc. 401(k) and S…$76MHealth Fitness Corporation 401(k) Savings PlanHealth Fitness Corporation 4…$76MAdolfson & Peterson, Inc. Salary Savings PlanAdolfson & Peterson, Inc. Sa…$76MLindt & Sprungli (USA), Inc. 401(k) PlanLindt & Sprungli (USA), Inc.…$76MMidflorida Credit Union Capital Accumulation PlanMidflorida Credit Union Capi…$76M
End-of-year total assets ($M) among Adolfson & Peterson, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Adolfson & Peterson, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$84M 29.81939351755712% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $64.9M $84.2M ▲ +29.8%
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 ($B) Participants Adolfson & Peterson, Inc. Salary Savings Plan, Total assets ($B): 0.075715859 · Participants: 544Adolfson & Peterson, Inc. Salary Savings 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
Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Adolfson & Peterson, Inc. Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Midflorida Credit Union Capital Accumulation Plan in FL ($76M); by covered participants it is We Employees' 401(k) Cash or Deferred Retirement Plan in WA (544 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (544 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 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).
Which 401(k) plans cover a similar participant headcount to Adolfson & Peterson, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is We Employees' 401(k) Cash or Deferred Retirement Plan in WA (544 participants, $97M in assets).