401(k) · DOL Form 5500 · 2023

The Luther Holding Company 401(k) Plan

Data updated 2026-08-25

$285M
Total assets Near avg plan size
3,979
Participants Above avg headcount
96th
Percentile by assets National rank
$71,599
Avg per participant Below avg balance/head
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Official DOL plan name: The Luther Holding Company Savings Plus Retirement Plan · Sponsored by The Luther Holding Company · Minnesota · Retail Trade

$285M in assets, 3,979 participants

The Luther Holding Company's The Luther Holding Company Savings Plus Retirement Plan reported $285M in total assets and 3,979 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,214 in Retail Trade (8,414 peers)

Coverage in Minnesota

The Luther Holding Company Savings Plus Retirement Plan covers 3,979 participants in Minnesota, 3.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $285M.

#8,214
in Retail Trade (8,414 peers)
+18.2%
assets growth YoY
2.9×
vs typical plan assets (national mean)

The Luther Holding Company Savings Plus Retirement Plan's outsized position by total assets

The Luther Holding Company Savings Plus Retirement Plan vs every filed plan by assets

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

$284,890,480 Top 4% higher than 96% 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

The Luther Holding Company Savings Plus Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Luther Holding Company Savings Plus Retirement Plan lands in the large band (3,979 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Luther Holding Company Savings Plus Retirement Plan reported net income rose from -$48M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • The Luther Holding Company Savings Plus Retirement Plan end-of-year assets rose from $241M in the plan year 2022 filing to $285M in the plan year 2023 filing.
  • The Luther Holding Company Savings Plus Retirement Plan reported participants rose from 3,803 in the plan year 2022 filing to 3,979 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411655557 · The Luther Holding Company PY 2023 · 401(k)

The Luther Holding Company Savings Plus Retirement Plan · $285M · 3,979 · 96th

  • IND $285M
  • IND 3,979
  • IND 96th
  • IND 401(k)
  • IND near Ntn Retirement Savings Plan
  • IND ind #8214

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 Retail Trade retirement plans → · Plans in Minnesota →

The Luther Holding Company Savings Plus Retirement Plan in the asset neighbourhood

Dassault Falcon Jet Corp. 401(k) Investment and Savings PlanDassault Falcon Jet Corp. 40…$285MYelp Inc. 401(k) Plan$285MThe Luther Holding Company Savings Plus Retirement PlanThe Luther Holding Company S…$285MNtn Retirement Savings Plan$285MPjtc Holdings, Inc. 401(k) Savings and Profit Sharing PlanPjtc Holdings, Inc. 401(k) S…$285M
End-of-year total assets ($M) among The Luther Holding Company Savings Plus Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$241M
Net Assets (End of Year)$285M
Net Income$44M
Employer EIN411655557
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Luther Holding Company)

Sponsor-wide plan assets over time

All The Luther Holding Company plans reported in each filing year

Latest sponsor-wide plan assets
$317M 31.516442117023313% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $241M $317M ▲ +31.5%
Year Plans Participants Total Assets
2022 1 3,803 $241M
2023 1 3,979 $285M
2024 1 3,910 $317M

Nearby 401(k) Plans in Minnesota

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

The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Luther Holding Company Savings Plus Retirement Plan, Total assets ($B): 0.28489048 · Participants: 3979The Luther Holding Company Savings Plus 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
The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Luther Holding Company Savings Plus Retirement Plan side-by-side with 3 peers →

The Luther Holding Company Savings Plus Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ntn Retirement Savings Plan in IL ($285M); by covered participants it is Pennant 401(k) Retirement Savings Plan in ID (3,979 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($285M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,979 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 The Luther Holding Company Savings Plus Retirement Plan assets move in 2023? ▼
The Luther Holding Company Savings Plus Retirement Plan grew sharply - up 18.2% during 2023, from $241M to $285M. Reported net income was $44M.
How have The Luther Holding Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Luther Holding Company's sponsor-wide assets grew 31.5%, from $241M to $317M.
Where does The Luther Holding Company Savings Plus Retirement Plan rank by assets among Form 5500 filers? ▼
The Luther Holding Company Savings Plus Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Luther Holding Company Savings Plus Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ntn Retirement Savings Plan in IL ($285M, 4,169 participants).
Which 401(k) plans cover a similar participant headcount to The Luther Holding Company Savings Plus Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pennant 401(k) Retirement Savings Plan in ID (3,979 participants, $53M 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 411655557.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.