401(k) · DOL Form 5500 · 2023

Icario, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
240
Participants Below avg headcount
70th
Percentile by assets National rank
$73,253
Avg per participant Below avg balance/head
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Official DOL plan name: Icario, Inc. 401(k) Plan · Sponsored by Icario, Inc. · Minnesota · Healthcare & Social Assistance

$18M in assets, 240 participants

Icario, Inc.'s Icario, Inc. 401(k) Plan reported $18M in total assets and 240 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #13,245 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Icario, Inc. 401(k) Plan covers 240 participants in Minnesota, about 21% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

#13,245
in Healthcare & Social Assistance (17,684 peers)
+14.0%
assets growth YoY

Icario, Inc. 401(k) Plan's outsized position by total assets

Icario, Inc. 401(k) Plan vs every filed plan by assets

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

$17,580,649 Top 30% higher than 70% 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

Icario, Inc. 401(k) 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. Icario, Inc. 401(k) Plan sits mid-pack in the medium band (240 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Icario, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Icario, Inc. 401(k) Plan reported participants fell from 328 in the plan year 2022 filing to 240 in the plan year 2023 filing.
  • Icario, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 853192831 · Icario, Inc. PY 2023 · 401(k)

Icario, Inc. 401(k) Plan · $18M · 240 · 70th

  • EBSA $18M
  • PART 240
  • TYPE 70th
  • NET 401(k)
  • BOOK near Solu Technology Partners 401(k) Plan
  • VS-ST ind #13245

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Icario, Inc. 401(k) Plan in the asset neighbourhood

Icario, Inc. 401(k) Plan$18MSolu Technology Partners 401(k) PlanSolu Technology Partners 401…$18MB.R. Funsten & Company, Inc 401(k) Profit Sharing PlanB.R. Funsten & Company, Inc …$18MM.R.a. Profit Sharing Plan$18MPoettker Construction Company Profit Sharing PlanPoettker Construction Compan…$18M
End-of-year total assets ($M) among Icario, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN853192831
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Icario, Inc.)

Sponsor-wide plan assets over time

All Icario, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 32.5483234662862% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.4M $20.5M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 328 $15M
2023 1 240 $18M
2024 1 194 $20M

Nearby 401(k) Plans in Minnesota

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

Icario, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Icario, Inc. 401(k) Plan, Total assets ($B): 0.017580649 · Participants: 240Icario, Inc. 401(k) 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
Icario, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Icario, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Solu Technology Partners 401(k) Plan in NY ($18M); by covered participants it is Big 3 Precision Products, Inc. 401(k) Profit Sharing Plan in IL (240 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (240 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 Icario, Inc. 401(k) Plan assets move in 2023?
Icario, Inc. 401(k) Plan grew at a solid clip - up 14.0% during 2023, from $15M to $18M. Reported net income was $2M.
How have Icario, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Icario, Inc.'s sponsor-wide assets grew 32.5%, from $15M to $20M.
Which 401(k) plans are similar in size to Icario, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Solu Technology Partners 401(k) Plan in NY ($18M, 288 participants).
Which 401(k) plans cover a similar participant headcount to Icario, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Big 3 Precision Products, Inc. 401(k) Profit Sharing Plan in IL (240 participants, N/A in assets).