401(k) · DOL Form 5500 · 2023

Coborn's Incorporated 401(k) Plan

Data updated 2026-08-11

$142M
Total assets
6,735
Participants
93rd
Percentile by assets
$21,120
Avg per participant
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Official DOL plan name: Coborn's Incorporated Employees Profit Sharing 401(k) Plan · Sponsored by Coborn's Incorporated · Minnesota · Retail Trade

$142M in assets, 6,735 participants

Coborn's Incorporated's Coborn's Incorporated Employees Profit Sharing 401(k) Plan reported $142M in total assets and 6,735 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,093 in Retail Trade (8,414 peers)

Coverage in Minnesota

Coborn's Incorporated Employees Profit Sharing 401(k) Plan covers 6,735 participants in Minnesota, 6.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $142M.

$142M
total plan assets (2023 EOY)
6,735
covered participants
93rd
percentile by assets (of 127,072 plans)
$21,120
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Coborn's Incorporated Employees Profit Sharing 401(k) Plan reported net income rose from -$32M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Coborn's Incorporated Employees Profit Sharing 401(k) Plan reported participants rose from 5,583 in the plan year 2022 filing to 6,735 in the plan year 2023 filing.
  • Coborn's Incorporated Employees Profit Sharing 401(k) Plan end-of-year assets rose from $124M in the plan year 2022 filing to $142M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Coborn's Incorporated Employees Profit Sharing 401(k) Plan reports 6,735 participants - 6.0x that state average ($142M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$142M
Net Income$18M
Employer EIN410824910
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coborn's Incorporated)

$170M$180M$190M$200M$210M 202220232024 $174M $202M ▲ +16.4%
Total plan assets by year, all Coborn's Incorporated plans on file
Year Plans Participants Total Assets
2022 2 9,509 $174M
2023 2 10,828 $191M
2024 2 11,286 $202M

Nearby 401(k) Plans in Minnesota

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

Coborn's Incorporated Employees Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Coborn's Incorporated Employees Profit Sharing 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 Coborn's Incorporate…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Coborn's Incorporated Employees Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Coborn's Incorporated Employees Profit Sharing 401(k) Plan

Coborn's Incorporated Employees Profit Sharing 401(k) Plan reports $142M in end-of-year assets across 6,735 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $21,120 per participant (15% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.

This plan identity (EIN 410824910, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $124M to $162M (+30.4%) while covered participants moved from 5,583 to 7,217 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,583 $124M Open filing
2023 6,735 $142M This page
2024 · index core 7,217 $162M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Coborn's Incorporated Employees Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Coborn's Incorporated Employees Profit Sharing 401(k) Plan assets move in 2023?
Coborn's Incorporated Employees Profit Sharing 401(k) Plan grew at a solid clip - up 14.4% during 2023, from $124M to $142M. Reported net income was $18M.
How have Coborn's Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Coborn's Incorporated's sponsor-wide assets grew 16.4%, from $174M to $202M.
Where does Coborn's Incorporated Employees Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Coborn's Incorporated Employees Profit Sharing 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Coborn's Incorporated Employees Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Connecticare Savings and Investment Plan in CT ($142M, 691 participants).

Next read for Coborn's Incorporated Employees Profit S…

Filing takeaways

Ways to act on Coborn's Incorporated Employees Profit Sharing 401(k) Plan's numbers.

  • By total assets, Coborn's Incorporated Employees Profit Sharing 401(k) Plan ranks in the top 10% 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
  • Coborn's Incorporated's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Retail Trade plans