401(k) · DOL Form 5500 · 2023

Standard Iron & Wire Works, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
351
Participants Below avg headcount
77th
Percentile by assets National rank
$74,751
Avg per participant Below avg balance/head
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Official DOL plan name: Standard Iron 401(k) Retirement Plan · Sponsored by Standard Iron & Wire Works, LLC · Minnesota · Manufacturing

$26M in assets, 351 participants

Standard Iron & Wire Works, LLC's Standard Iron 401(k) Retirement Plan reported $26M in total assets and 351 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,806 in Manufacturing (18,722 peers)

Coverage in Minnesota

Standard Iron 401(k) Retirement Plan covers 351 participants in Minnesota, about 31% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#12,806
in Manufacturing (18,722 peers)
+19.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Standard Iron 401(k) Retirement Plan's outsized position by total assets

Standard Iron 401(k) Retirement Plan vs every filed plan by assets

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

$26,237,553 Top 23% higher than 77% 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

Standard Iron 401(k) 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. Standard Iron 401(k) Retirement Plan sits mid-pack in the medium band (351 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Standard Iron 401(k) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Standard Iron 401(k) Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Standard Iron 401(k) Retirement Plan reported participants rose from 344 in the plan year 2022 filing to 351 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410652355 · Standard Iron & Wire Works, LLC PY 2023 · 401(k)

Standard Iron 401(k) Retirement Plan · $26M · 351 · 77th

  • RANK $26M
  • PHOTO 351
  • IND 77th
  • EOY 401(k)
  • 5500 near Mid-State Group Inc. Savings & Retirement Plan
  • ASSETS ind #12806

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 Manufacturing retirement plans → · Plans in Minnesota →

Standard Iron 401(k) Retirement Plan in the asset neighbourhood

Standard Iron 401(k) Retirement PlanStandard Iron 401(k) Retirem…$26MMid-State Group Inc. Savings & Retirement PlanMid-State Group Inc. Savings…$26M1910 Legacy Enterprises Employee Stock Ownership and 401(k) Plan1910 Legacy Enterprises Empl…$26MCascade Dafo, Inc. 401(k) Profit Sharing PlanCascade Dafo, Inc. 401(k) Pr…$26MKeim Lumber Company 401(k) Retirement PlanKeim Lumber Company 401(k) R…$26M
End-of-year total assets ($M) among Standard Iron 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$4M
Employer EIN410652355
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Standard Iron & Wire Works, LLC)

Sponsor-wide plan assets over time

All Standard Iron & Wire Works, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$27M 21.97820896809502% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.1M $26.9M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 344 $22M
2023 1 351 $26M
2024 1 355 $27M

Nearby 401(k) Plans in Minnesota

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

Standard Iron 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Standard Iron 401(k) Retirement Plan, Total assets ($B): 0.026237553 · Participants: 351Standard Iron 401(k) 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
Standard Iron 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Standard Iron 401(k) Retirement Plan side-by-side with 3 peers →

Standard Iron 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mid-State Group Inc. Savings & Retirement Plan in KS ($26M); by covered participants it is Procaps Laboratories, Inc. 401(k) Plan in NV (351 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (351 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 Standard Iron 401(k) Retirement Plan assets move in 2023? ▼
Standard Iron 401(k) Retirement Plan grew sharply - up 19.0% during 2023, from $22M to $26M. Reported net income was $4M.
How have Standard Iron & Wire Works, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Standard Iron & Wire Works, LLC's sponsor-wide assets grew 22.0%, from $22M to $27M.
Where does Standard Iron 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Standard Iron 401(k) Retirement Plan ranks in the 77th 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 Standard Iron 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mid-State Group Inc. Savings & Retirement Plan in KS ($26M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Standard Iron 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Procaps Laboratories, Inc. 401(k) Plan in NV (351 participants, $26M 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 410652355.

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.