401(k) · DOL Form 5500 · 2023

Minnesota Valley Testing Laboratories, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
197
Participants Below avg headcount
75th
Percentile by assets National rank
$114,409
Avg per participant Below avg balance/head
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Official DOL plan name: Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan · Sponsored by Minnesota Valley Testing Laboratories, Inc. · Minnesota · Agriculture, Forestry & Fishing

$23M in assets, 197 participants

Minnesota Valley Testing Laboratories, Inc.'s Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan reported $23M in total assets and 197 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #1,057 in Agriculture, Forestry & Fishing (1,288 peers)

Coverage in Minnesota

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan covers 197 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $23M.

#1,057
in Agriculture, Forestry & Fishing (1,288 peers)
+21.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan's outsized position by total assets

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan vs every filed plan by assets

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

$22,538,597 Top 25% higher than 75% 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

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement 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 Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan reported participants fell from 205 in the plan year 2022 filing to 197 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410812450 · Minnesota Valley Testing Laboratories, Inc. PY 2023 · 401(k)

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan · $23M · 197 · 75th

  • IND $23M
  • IND 197
  • IND 75th
  • IND 401(k)
  • IND near Rdv Staffing, Inc. 401(k) Retirement Plan
  • IND ind #1057

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Minnesota →

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan in the asset neighbourhood

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End-of-year total assets ($M) among Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN410812450
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Valley Testing Laboratories, Inc.)

Sponsor-wide plan assets over time

All Minnesota Valley Testing Laboratories, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 38.744165408034554% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.5M $25.7M ▲ +38.7%
Year Plans Participants Total Assets
2022 1 205 $19M
2023 1 197 $23M
2024 1 180 $26M

Nearby 401(k) Plans in Minnesota

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

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan, Total assets ($B): 0.022538597 · Participants: 197Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement 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
Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Rdv Staffing, Inc. 401(k) Retirement Plan in MI ($23M); by covered participants it is Rave 401(k) Plan in MA (197 participants). Same-state nearby plans are listed separately above.

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 Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan assets move in 2023?
Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan grew sharply - up 21.8% during 2023, from $19M to $23M. Reported net income was $4M.
How have Minnesota Valley Testing Laboratories, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Valley Testing Laboratories, Inc.'s sponsor-wide assets grew 38.7%, from $19M to $26M.
Where does Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan rank by assets among Form 5500 filers?
Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan ranks in the 75th 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 Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Rdv Staffing, Inc. 401(k) Retirement Plan in MI ($23M, 163 participants).
Which 401(k) plans cover a similar participant headcount to Minnesota Valley Testing Laboratories, Inc. 401(k) Employee Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Rave 401(k) Plan in MA (197 participants, N/A in assets).