401(k) · DOL Form 5500 · 2023

Ketel Thorstenson, LLP 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
122
Participants Small participant base
80th
Percentile by assets National rank
$265,584
Avg per participant High balance/head
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Official DOL plan name: Ketel Thorstenson, LLP 401(k) Profit Sharing Plan · Sponsored by Ketel Thorstenson, LLP · South Dakota · Professional & Technical Services

$32M in assets, 122 participants

Ketel Thorstenson, LLP's Ketel Thorstenson, LLP 401(k) Profit Sharing Plan reported $32M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,422 in Professional & Technical Services (20,321 peers)

Coverage in South Dakota

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan covers 122 participants in South Dakota, about 36% of the average South Dakota filer (state average ~340 per filing). Assets: $32M.

#16,422
in Professional & Technical Services (20,321 peers)
+21.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan's outsized position by total assets

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan vs every filed plan by assets

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

$32,401,204 Top 20% higher than 80% 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

Ketel Thorstenson, LLP 401(k) Profit Sharing 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. Ketel Thorstenson, LLP 401(k) Profit Sharing Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ketel Thorstenson, LLP 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Ketel Thorstenson, LLP 401(k) Profit Sharing Plan end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Ketel Thorstenson, LLP 401(k) Profit Sharing Plan reported participants fell from 131 in the plan year 2022 filing to 122 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 460257538 · Ketel Thorstenson, LLP PY 2023 · 401(k)

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan · $32M · 122 · 80th

  • NET $32M
  • NET 122
  • NET 80th
  • NET 401(k)
  • NET near Bonhams & Butterfields 401(k) Plan
  • NET ind #16422

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 Professional & Technical Services retirement plans → · Plans in South Dakota →

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan in the asset neighbourhood

Ketel Thorstenson, LLP 401(k) Profit Sharing PlanKetel Thorstenson, LLP 401(k…$32MBonhams & Butterfields 401(k) PlanBonhams & Butterfields 401(k…$32MSportsman's Warehouse 401(k) Savings Plan PlanSportsman's Warehouse 401(k)…$32MRinchem Company LLC and Affiliates Retirement Savings PlanRinchem Company LLC and Affi…$32MMssl Wiring System Retirement PlanMssl Wiring System Retiremen…$32M
End-of-year total assets ($M) among Ketel Thorstenson, LLP 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Dakota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$6M
Employer EIN460257538
Plan Effective Date1968-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Ketel Thorstenson, LLP)

Sponsor-wide plan assets over time

All Ketel Thorstenson, LLP plans reported in each filing year

Latest sponsor-wide plan assets
$35M 33.204542173060766% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.6M $35.5M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 131 $27M
2023 1 122 $32M
2024 1 136 $35M

Nearby 401(k) Plans in South Dakota

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

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Ketel Thorstenson, LLP 401(k) Profit Sharing Plan, Total assets ($M): 32.401204 · Participants: 122Ketel Thorstenson, LLP 401(k) Profit Sharing PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401(k) PlanPoet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
Ketel Thorstenson, LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Ketel Thorstenson, LLP 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Bonhams & Butterfields 401(k) Plan in NY ($32M); by covered participants it is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Ketel Thorstenson, LLP 401(k) Profit Sharing Plan assets move in 2023?
Ketel Thorstenson, LLP 401(k) Profit Sharing Plan grew sharply - up 21.7% during 2023, from $27M to $32M. Reported net income was $6M.
How have Ketel Thorstenson, LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Ketel Thorstenson, LLP's sponsor-wide assets grew 33.2%, from $27M to $35M.
Where does Ketel Thorstenson, LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Ketel Thorstenson, LLP 401(k) Profit Sharing Plan ranks in the 80th 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 Ketel Thorstenson, LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Bonhams & Butterfields 401(k) Plan in NY ($32M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Ketel Thorstenson, LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants, $12M in assets).