401(k) · DOL Form 5500 · 2023

Milk Specialties Company 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
1,082
Participants Near avg headcount
87th
Percentile by assets National rank
$53,052
Avg per participant Low balance/head
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Official DOL plan name: Milk Specialties Company Retirement Plan · Sponsored by Milk Specialties Company · Minnesota · Manufacturing

$57M in assets, 1,082 participants

Milk Specialties Company's Milk Specialties Company Retirement Plan reported $57M in total assets and 1,082 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,143 in Manufacturing (18,722 peers)

Where Milk Specialties Company Retirement Plan sits by assets

Milk Specialties Company Retirement Plan sits in the top quartile of all filed plans by assets, $57M for 1,082 participants (~$53,052/participant), up 22.7% in 2023.

#15,143
in Manufacturing (18,722 peers)
+22.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Milk Specialties Company Retirement Plan's outsized position by total assets

Milk Specialties Company Retirement Plan vs every filed plan by assets

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

$57,402,127 Top 13% higher than 87% 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

Milk Specialties Company Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milk Specialties Company Retirement Plan lands in the large band (1,082 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Milk Specialties Company Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Milk Specialties Company Retirement Plan end-of-year assets rose from $47M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Milk Specialties Company Retirement Plan reported participants rose from 979 in the plan year 2022 filing to 1,082 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363452006 · Milk Specialties Company PY 2023 · 401(k)

Milk Specialties Company Retirement Plan · $57M · 1,082 · 87th

  • BOY $57M
  • SCH 1,082
  • EBSA 87th
  • PART 401(k)
  • TYPE near Multiquip Inc. Profit Sharing and Retirement Savings Plan
  • NET ind #15143

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 →

Milk Specialties Company Retirement Plan in the asset neighbourhood

Kls Martin L.P. 401(k) Salary Reduction Plan & TrustKls Martin L.P. 401(k) Salar…$57MMedical Clinic of Houston, L.L.P. Salary Deferral Profit Sharing Plan and TrustMedical Clinic of Houston, L…$57MMilk Specialties Company Retirement PlanMilk Specialties Company Ret…$57MMultiquip Inc. Profit Sharing and Retirement Savings PlanMultiquip Inc. Profit Sharin…$57MOmni Air International, LLC 401(k) Plan for Flight Deck Crew MembersOmni Air International, LLC …$57M
End-of-year total assets ($M) among Milk Specialties Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$57M
Net Income$11M
Employer EIN363452006
Plan Effective Date1986-07-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Milk Specialties Company)

Sponsor-wide plan assets over time

All Milk Specialties Company plans reported in each filing year

Latest sponsor-wide plan assets
$67M 42.41071036492822% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $46.8M $66.6M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 979 $47M
2023 1 1,082 $57M
2024 1 1,166 $67M

Nearby 401(k) Plans in Minnesota

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

Milk Specialties Company Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Milk Specialties Company Retirement Plan, Total assets ($B): 0.057402127 · Participants: 1082Milk Specialties Company 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
Milk Specialties Company Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Milk Specialties Company Retirement Plan side-by-side with 3 peers →

Milk Specialties Company Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Multiquip Inc. Profit Sharing and Retirement Savings Plan in CA ($57M); by covered participants it is Wyndham Hotel Group Employee Savings Plan in NJ (1,082 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,082 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 Milk Specialties Company Retirement Plan assets move in 2023? ▼
Milk Specialties Company Retirement Plan grew sharply - up 22.7% during 2023, from $47M to $57M. Reported net income was $11M.
How have Milk Specialties Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Milk Specialties Company's sponsor-wide assets grew 42.4%, from $47M to $67M.
Where does Milk Specialties Company Retirement Plan rank by assets among Form 5500 filers? ▼
Milk Specialties Company Retirement Plan ranks in the 87th 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 Milk Specialties Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Multiquip Inc. Profit Sharing and Retirement Savings Plan in CA ($57M, 515 participants).
Which 401(k) plans cover a similar participant headcount to Milk Specialties Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wyndham Hotel Group Employee Savings Plan in NJ (1,082 participants, $292M 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 363452006.

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.