401(k) · DOL Form 5500 · 2023

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets: 2
Participants Small participant base: 25th
Percentile by assets National rank: $594,126
Avg per participant High balance/head

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Official DOL plan name: Mcgowan Enterprises Inc. Retirement Plan · Sponsored by Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 · Minnesota · Wholesale Trade

$1M in assets, 2 participants

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's Mcgowan Enterprises Inc. Retirement Plan reported $1M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

#928 in Wholesale Trade (6,309 peers)

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year trail

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's plans moved +106.4% in assets from 2022 to 2024; this filing shows Mcgowan Enterprises Inc. Retirement Plan at $1M / 2 participants.

#928
in Wholesale Trade (6,309 peers): +87.1%
assets growth YoY

Mcgowan Enterprises Inc. Retirement Plan among the smaller filed plans by assets

Mcgowan Enterprises Inc. Retirement Plan vs every filed plan by assets

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

$1,188,251 25th percentile higher than 25% 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

Mcgowan Enterprises Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgowan Enterprises Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

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%)

Mcgowan Enterprises Inc. Retirement Plan reported net income rose from -$120K in the plan year 2022 filing to $553K in the plan year 2023 filing.
Mcgowan Enterprises Inc. Retirement Plan end-of-year assets rose from $635K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 465592673 · Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 PY 2023 · 401(k)

Mcgowan Enterprises Inc. Retirement Plan · $1M · 2 · 25th

PART $1M
TYPE 2
NET 25th
BOOK 401(k)
VS-ST near Healthcare Services 401(k) Plan
BOY ind #928

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 Wholesale Trade retirement plans → · Plans in Minnesota →

End-of-year total assets ($M) among Mcgowan Enterprises Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year asset trail

Latest sponsor-wide plan assets: $1M 106.35011594755046% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	2	$635K
2023	1	2	$1M
2024	1	2	$1M

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 filing trail (2023)

Total Assets (Beginning of Year)	$635K
Net Assets (End of Year)	$1M
Net Income	$553K
Employer EIN	465592673
Plan Effective Date	2014-05-07
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Mcgowan Enterprises Inc. Retirement 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 Mcgowan Enterprises Inc. Retirement Plan side-by-side with 3 peers →

Mcgowan Enterprises Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Healthcare Services 401(k) Plan in NY ($1M); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Healthcare Services 401(k) Plan (NY) $1M · 4,300
Gentle Dental Care, P.C. 401(k) Savings Plan (IL) $1M · 6
Mdrippy Insurance Services Retirement Plan (CO) $1M · 3
Wall Automotive Group Inc. 401(k) Plan (FL) $1M · 57

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

Napa Bound Retirement Plan (FL) 2 · 0 off
Gillian Corporation 401(k) Plan (CO) 2 · 0 off
Javier Beltran LLC 401(k) Plan (DE) 2 · 0 off
Ideal Financial Group, Inc. 401(k) Profit Sharing Plan (CT) 2 · 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 Mcgowan Enterprises Inc. Retirement Plan assets move in 2023? ▼

Mcgowan Enterprises Inc. Retirement Plan surged - up 87.1% during 2023, from $635K to $1M. Reported net income was $553K.

How have Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's sponsor-wide assets grew 106.4%, from $635K to $1M.

Where does Mcgowan Enterprises Inc. Retirement Plan rank by assets among Form 5500 filers? ▼

Mcgowan Enterprises Inc. Retirement Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).

Which 401(k) plans are similar in size to Mcgowan Enterprises Inc. Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Healthcare Services 401(k) Plan in NY ($1M, 4,300 participants).

Which 401(k) plans cover a similar participant headcount to Mcgowan Enterprises Inc. Retirement Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A 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 465592673.