401(k) · DOL Form 5500 · 2023

The Luther Holding Company 401(k) Plan

Data updated 2026-08-11

$285M
Total assets: 3,979
Participants: 96th
Percentile by assets: $71,599
Avg per participant

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.

96th percentile by assets (of 127,072 plans)
#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.

$285M
total plan assets (2023 EOY): 3,979
covered participants: 96th
percentile by assets (of 127,072 plans): $71,599
avg assets per participant

Where The Luther Holding Company Savings Plus Retirement Plan sits 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

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 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 →

State

Minnesota

Industry

Retail Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. The Luther Holding Company Savings Plus Retirement Plan reports 3,979 participants - 3.5x that state average ($285M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$241M
Net Assets (End of Year)	$285M
Net Income	$44M
Employer EIN	411655557
Plan Effective Date	1988-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Luther Holding Company)

Total plan assets by year, all The Luther Holding Company plans on file

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

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 The Luther Holding Company Savings Plus … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Luther Holding Company Savings Plus Retirement Plan by total assets, not by location.

Ntn Retirement Savings Plan (IL) $285M · 4,169
Pjtc Holdings, Inc. 401(k) Savings and Profit Sharing Plan (PA) $285M · 723
Yelp Inc. 401(k) Plan (CA) $285M · 4,115
Dassault Falcon Jet Corp. 401(k) Investment and Savings Plan (NJ) $285M · 2,191

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).

Next read for The Luther Holding Company Savings Plus …

Filing takeaways

Ways to act on The Luther Holding Company Savings Plus Retirement Plan's numbers.

By total assets, The Luther Holding Company Savings Plus Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
The Luther Holding Company's sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Retail Trade plans

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.