401(k) · DOL Form 5500 · 2023

Minnesota Timberwolves Basketball, LP 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets: 233
Participants Below avg headcount: 72nd
Percentile by assets National rank: $84,825
Avg per participant Below avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan · Sponsored by Minnesota Timberwolves Basketball, LP · Minnesota · Arts, Entertainment & Recreation

$20M in assets, 233 participants

Minnesota Timberwolves Basketball, LP's Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported $20M in total assets and 233 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

#2,453 in Arts, Entertainment & Recreation (2,945 peers)

Coverage in Minnesota

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan covers 233 participants in Minnesota, about 21% of the average Minnesota filer (state average ~1,126 per filing). Assets: $20M.

#2,453
in Arts, Entertainment & Recreation (2,945 peers): +37.6%
assets growth YoY

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan's outsized position by total assets

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan vs every filed plan by assets

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

$19,764,124 Top 28% higher than 72% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and 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. Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan sits mid-pack in the medium band (233 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $20M in the plan year 2023 filing.
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported participants rose from 182 in the plan year 2022 filing to 233 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411796677 · Minnesota Timberwolves Basketball, LP PY 2023 · 401(k)

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan · $20M · 233 · 72nd

VS-ST $20M
VS-ST 233
VS-ST 72nd
VS-ST 401(k)
VS-ST near Clarity Software Solutions 401(k) Profit Sharing Plan
VS-ST ind #2453

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 Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →

End-of-year total assets ($M) among Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$20M
Net Income	$5M
Employer EIN	411796677
Plan Effective Date	1997-06-12
Filing Status	FILING RECEIVED

Sponsor Plan History (Minnesota Timberwolves Basketball, LP)

Latest sponsor-wide plan assets: $25M 73.63869219510265% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	182	$14M
2023	1	233	$20M
2024	1	258	$25M

Nearby 401(k) Plans in Minnesota

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

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan side-by-side with 3 peers →

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Clarity Software Solutions 401(k) Profit Sharing Plan in CT ($20M); by covered participants it is Decco, Inc. 401(k) Ps Plan in NH (233 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Clarity Software Solutions 401(k) Profit Sharing Plan (CT) $20M · 265
Insurance Organizations' Savings Trust 401(k) Plan (MA) $20M · 54
Granite State Glass 401(k) Plan (NH) $20M · 227
Cwpm, LLC 401(k) Profit Sharing Plan (CT) $20M · 288

Similar participant headcount

Nearest other-state filings by covered participants (233 participants); asset peers above are excluded.

Decco, Inc. 401(k) Ps Plan (NH) 233 · 0 off
Onin Group 401(k) Plan (AL) 233 · 0 off
Newstead/Kreher Farms 401(k) Plan (NY) 233 · 0 off
Knowlton Employees' Savings Plan (TX) 233 · 0 off

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 Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan assets move in 2023? ▼

Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan surged - up 37.6% during 2023, from $14M to $20M. Reported net income was $5M.

How have Minnesota Timberwolves Basketball, LP plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Minnesota Timberwolves Basketball, LP's sponsor-wide assets grew 73.6%, from $14M to $25M.

Which 401(k) plans are similar in size to Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Clarity Software Solutions 401(k) Profit Sharing Plan in CT ($20M, 265 participants).

Which 401(k) plans cover a similar participant headcount to Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Decco, Inc. 401(k) Ps Plan in NH (233 participants, $29M 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 411796677.