401(k) · DOL Form 5500 · 2023

Thern, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets: 109
Participants Small participant base: 61st
Percentile by assets National rank: $104,227
Avg per participant Below avg balance/head

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Official DOL plan name: Thern, Inc. Retirement Plan · Sponsored by Thern, Inc. · Minnesota · Manufacturing

$11M in assets, 109 participants

Thern, Inc.'s Thern, Inc. Retirement Plan reported $11M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

#9,040 in Manufacturing (18,722 peers)

Coverage in Minnesota

Thern, Inc. Retirement Plan covers 109 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#9,040
in Manufacturing (18,722 peers): +9.3%
assets growth YoY

Thern, Inc. Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Thern, Inc. Retirement Plan vs every filed plan by assets

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

$11,360,757 Top 39% higher than 61% 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

Thern, Inc. 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. Thern, Inc. Retirement Plan sits mid-pack in the medium band (109 participants).

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%)

Thern, Inc. Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $963K in the plan year 2023 filing.
Thern, Inc. Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410791857 · Thern, Inc. PY 2023 · 401(k)

Thern, Inc. Retirement Plan · $11M · 109 · 61st

VS-ST $11M
VS-ST 109
VS-ST 61st
VS-ST 401(k)
VS-ST near John S. James Co. 401(k) Retirement Plan
VS-ST ind #9040

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 →

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

Minnesota filing particulars

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$11M
Net Income	$963K
Employer EIN	410791857
Plan Effective Date	1967-05-12
Filing Status	FILING RECEIVED

Sponsor Plan History (Thern, Inc.)

Latest sponsor-wide plan assets: $13M 27.986472385030225% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	108	$10M
2023	1	109	$11M
2024	1	112	$13M

Nearby 401(k) Plans in Minnesota

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

Thern, 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 Thern, Inc. Retirement Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is John S. James Co. 401(k) Retirement Plan in GA ($11M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

John S. James Co. 401(k) Retirement Plan (GA) $11M · 168
Local 74 U.S.W.U. 401(k) Savings Plan (NY) $11M · 711
Southpoint Bank 401(k) Employee Stock Ownership Plan (AL) $11M · 142
Republic Companies 401(k) Retirement Plan (IA) $11M · 94

Similar participant headcount

Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.

Mcmanis & Monsalve Associates Profit Sharing Plan (MD) 109 · 0 off
Identity Management Services Organization, LLC 401(k) Plan (CA) 109 · 0 off
Allegheny Petroleum Products, Co. 401(k) Profit Sharing Plan (PA) 109 · 0 off
Dupree Plumbing, Co. 401(k) Plan (GA) 109 · 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 Thern, Inc. Retirement Plan assets move in 2023? ▼

Thern, Inc. Retirement Plan grew at a solid clip - up 9.3% during 2023, from $10M to $11M. Reported net income was $963K.

How have Thern, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Thern, Inc.'s sponsor-wide assets grew 28.0%, from $10M to $13M.

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

Among 401(k) plans in other states, the closest by assets is John S. James Co. 401(k) Retirement Plan in GA ($11M, 168 participants).

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

Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M 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 410791857.