Other · DOL Form 5500 · 2023

Minnesota Diversified Industries, Inc. Retirement Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets: 329
Participants Below avg headcount: 59th
Percentile by assets National rank: $30,719
Avg per participant Low balance/head

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Official DOL plan name: 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · Sponsored by Minnesota Diversified Industries, Inc. · Minnesota · Manufacturing

$10M in assets, 329 participants

Minnesota Diversified Industries, Inc.'s 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported $10M in total assets and 329 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

#8,444 in Manufacturing (18,722 peers)

Coverage in Minnesota

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. covers 329 participants in Minnesota, about 29% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

#8,444
in Manufacturing (18,722 peers): +21.8%
assets growth YoY

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s mid-pack asset rank among Manufacturing and all filers

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs every filed plan by assets

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

$10,106,714 Top 41% higher than 59% 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

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. 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. 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. sits mid-pack in the medium band (329 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%)

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported net income rose from -$948K in the plan year 2022 filing to $2M in the plan year 2023 filing.
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported participants rose from 228 in the plan year 2022 filing to 329 in the plan year 2023 filing.
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410941924 · Minnesota Diversified Industries, Inc. PY 2023 · Other

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · $10M · 329 · 59th

BOY $10M
BOY 329
BOY 59th
BOY Other
BOY near Winston County Medical Foundation 403(b) Retirement Plan
BOY ind #8444

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 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)	$8M
Net Assets (End of Year)	$10M
Net Income	$2M
Employer EIN	410941924
Plan Effective Date	1988-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Minnesota Diversified Industries, Inc.)

Latest sponsor-wide plan assets: $11M 35.87262876383942% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	228	$8M
2023	1	329	$10M
2024	1	357	$11M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs. nearby Other plans in Minnesota, assets vs. participants

Mayo 403(b) Plan $11.2B · 84,098
Centracare Health System 403(b) Plan $827M · 9,437
Childrens Hospitals and Clinics Matched Savings Plan $820M · 5,331
Carpenters & Joiners Defined Contribution Plan $719M · 21,043
University of St. Thomas Retirement Plan $422M · 2,481

Compare 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. side-by-side with 3 peers →

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Winston County Medical Foundation 403(b) Retirement Plan in MS ($10M); by covered participants it is Park Tudor Defined Contribution Retirement Plan in IN (329 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Winston County Medical Foundation 403(b) Retirement Plan (MS) $10M · 234
Hampton University Tax Deferred Annuity Plan (VA) $10M · 72
Rolling Hills Preparatory School Defined Contribution Retirement Plan (CA) $10M · 60
South Texas Lighthouse for the Blind 403(b) Plan (TX) $10M · 180

Similar participant headcount

Nearest other-state filings by covered participants (329 participants); asset peers above are excluded.

Park Tudor Defined Contribution Retirement Plan (IN) 329 · 0 off
Pace Academy, Inc. Tax Sheltered Annuity Plan (GA) 328 · 1 off
Advanced Technology International 403(b) Retirement Plan (SC) 330 · 1 off
Villa Esperanza 403(b) Retirement Savings Plan (CA) 330 · 1 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 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. assets move in 2023? ▼

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. grew sharply - up 21.8% during 2023, from $8M to $10M. Reported net income was $2M.

How have Minnesota Diversified Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Minnesota Diversified Industries, Inc.'s sponsor-wide assets grew 35.9%, from $8M to $11M.

Which Other plans are similar in size to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.? ▼

Among Other plans in other states, the closest by assets is Winston County Medical Foundation 403(b) Retirement Plan in MS ($10M, 234 participants).

Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.? ▼

Among Other plans in other states, the closest by covered participants is Park Tudor Defined Contribution Retirement Plan in IN (329 participants, $59M 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 410941924.