401(k) · DOL Form 5500 · 2023

Met-Con Companies, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
194
Participants Below avg headcount
72nd
Percentile by assets National rank
$97,448
Avg per participant Below avg balance/head
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Official DOL plan name: Met-Con Companies 401(k) Plan · Sponsored by Met-Con Companies, Inc. · Minnesota · Construction

$19M in assets, 194 participants

Met-Con Companies, Inc.'s Met-Con Companies 401(k) Plan reported $19M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,352 in Construction (9,030 peers)

Coverage in Minnesota

Met-Con Companies 401(k) Plan covers 194 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $19M.

#6,352
in Construction (9,030 peers)
+25.1%
assets growth YoY

Met-Con Companies 401(k) Plan's outsized position by total assets

Met-Con Companies 401(k) Plan vs every filed plan by assets

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

$18,904,887 Top 28% higher than 72% 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

Met-Con Companies 401(k) 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. Met-Con Companies 401(k) Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Met-Con Companies 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Met-Con Companies 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Met-Con Companies 401(k) Plan reported participants fell from 206 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411860307 · Met-Con Companies, Inc. PY 2023 · 401(k)

Met-Con Companies 401(k) Plan · $19M · 194 · 72nd

  • RANK $19M
  • PHOTO 194
  • IND 72nd
  • EOY 401(k)
  • 5500 near Stanley D. Lindsey & Associates, Ltd. 401(k) Plan
  • ASSETS ind #6352

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 Construction retirement plans → · Plans in Minnesota →

Met-Con Companies 401(k) Plan in the asset neighbourhood

Met-Con Companies 401(k) Plan$19MStanley D. Lindsey & Associates, Ltd. 401(k) PlanStanley D. Lindsey & Associa…$19MGolub & Company, LLC 401(k) PlanGolub & Company, LLC 401(k) …$19MAdams Beverages 401(k)Plan$19MCharleston Gastro Specialists, P.a. Profit Sharing 401(k) PlanCharleston Gastro Specialist…$19M
End-of-year total assets ($M) among Met-Con Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN411860307
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Met-Con Companies, Inc.)

Sponsor-wide plan assets over time

All Met-Con Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 44.400457305664446% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.1M $21.8M ▲ +44.4%
Year Plans Participants Total Assets
2022 1 206 $15M
2023 1 194 $19M
2024 1 189 $22M

Nearby 401(k) Plans in Minnesota

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

Met-Con Companies 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Met-Con Companies 401(k) Plan, Total assets ($B): 0.018904887 · Participants: 194Met-Con Companies 401(k) 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
Met-Con Companies 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Met-Con Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Stanley D. Lindsey & Associates, Ltd. 401(k) Plan in TN ($19M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Met-Con Companies 401(k) Plan assets move in 2023?
Met-Con Companies 401(k) Plan grew sharply - up 25.1% during 2023, from $15M to $19M. Reported net income was $4M.
How have Met-Con Companies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Met-Con Companies, Inc.'s sponsor-wide assets grew 44.4%, from $15M to $22M.
Which 401(k) plans are similar in size to Met-Con Companies 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Stanley D. Lindsey & Associates, Ltd. 401(k) Plan in TN ($19M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Met-Con Companies 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M in assets).