401(k) · DOL Form 5500 · 2023

Impact of Minnesota, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
208
Participants Below avg headcount
73rd
Percentile by assets National rank
$100,338
Avg per participant Below avg balance/head
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Official DOL plan name: Impact of Minnesota, Inc. 401(k) Plan · Sponsored by Impact of Minnesota, Inc. · Minnesota · Professional & Technical Services

$21M in assets, 208 participants

Impact of Minnesota, Inc.'s Impact of Minnesota, Inc. 401(k) Plan reported $21M in total assets and 208 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #14,906 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Impact of Minnesota, Inc. 401(k) Plan covers 208 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#14,906
in Professional & Technical Services (20,321 peers)
+26.8%
assets growth YoY

Impact of Minnesota, Inc. 401(k) Plan's outsized position by total assets

Impact of Minnesota, Inc. 401(k) Plan vs every filed plan by assets

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

$20,870,359 Top 27% higher than 73% 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

Impact of Minnesota, Inc. 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. Impact of Minnesota, Inc. 401(k) Plan sits mid-pack in the medium band (208 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Impact of Minnesota, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Impact of Minnesota, Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Impact of Minnesota, Inc. 401(k) Plan reported participants rose from 180 in the plan year 2022 filing to 208 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 843515362 · Impact of Minnesota, Inc. PY 2023 · 401(k)

Impact of Minnesota, Inc. 401(k) Plan · $21M · 208 · 73rd

  • SCH $21M
  • SCH 208
  • SCH 73rd
  • SCH 401(k)
  • SCH near Member Solutions 401(k)
  • SCH ind #14906

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Impact of Minnesota, Inc. 401(k) Plan in the asset neighbourhood

Impact of Minnesota, Inc. 401(k) PlanImpact of Minnesota, Inc. 40…$21MMember Solutions 401(k)$21MHodge Company Employee Retirement Savings PlanHodge Company Employee Retir…$21MDewey Services, Inc. Retirement Savings PlanDewey Services, Inc. Retirem…$21MTrianz Retirement Savings PlanTrianz Retirement Savings Pl…$21M
End-of-year total assets ($M) among Impact of Minnesota, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN843515362
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Impact of Minnesota, Inc.)

Sponsor-wide plan assets over time

All Impact of Minnesota, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 48.942923836323544% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.5M $24.5M ▲ +48.9%
Year Plans Participants Total Assets
2022 1 180 $16M
2023 1 208 $21M
2024 1 212 $25M

Nearby 401(k) Plans in Minnesota

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

Impact of Minnesota, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Impact of Minnesota, Inc. 401(k) Plan, Total assets ($B): 0.020870359 · Participants: 208Impact of Minnesota, Inc. 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
Impact of Minnesota, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Member Solutions 401(k) in FL ($21M); by covered participants it is Dippin' Dots, LLC 401(k) Profit Sharing Plan in KY (208 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (208 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 Impact of Minnesota, Inc. 401(k) Plan assets move in 2023?
Impact of Minnesota, Inc. 401(k) Plan grew sharply - up 26.8% during 2023, from $16M to $21M. Reported net income was $4M.
How have Impact of Minnesota, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Impact of Minnesota, Inc.'s sponsor-wide assets grew 48.9%, from $16M to $25M.
Which 401(k) plans are similar in size to Impact of Minnesota, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Member Solutions 401(k) in FL ($21M, 1,471 participants).
Which 401(k) plans cover a similar participant headcount to Impact of Minnesota, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dippin' Dots, LLC 401(k) Profit Sharing Plan in KY (208 participants, N/A in assets).