401(k) · DOL Form 5500 · 2023

Omnetics Connector Corporation 401(k) Plan

Data updated 2026-08-11

$44M
Total assets
391
Participants
84th
Percentile by assets
$112,712
Avg per participant
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Official DOL plan name: Omnetics Connector Corp. 401(k) Ps Plan · Sponsored by Omnetics Connector Corporation · Minnesota · Manufacturing

$44M in assets, 391 participants

Omnetics Connector Corporation's Omnetics Connector Corp. 401(k) Ps Plan reported $44M in total assets and 391 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 127,072 plans)
  • #14,470 in Manufacturing (18,722 peers)

Coverage in Minnesota

Omnetics Connector Corp. 401(k) Ps Plan covers 391 participants in Minnesota, about 35% of the average Minnesota filer (state average ~1,126 per filing). Assets: $44M.

$44M
total plan assets (2023 EOY)
391
covered participants
84th
percentile by assets (of 127,072 plans)
$112,712
avg assets per participant

Where Omnetics Connector Corp. 401(k) Ps Plan sits by total assets

Omnetics Connector Corp. 401(k) Ps Plan vs every filed plan by assets

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

$44,070,524 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Omnetics Connector Corp. 401(k) Ps Plan reported net income rose from -$4M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Omnetics Connector Corp. 401(k) Ps Plan end-of-year assets rose from $36M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Omnetics Connector Corp. 401(k) Ps Plan reported participants rose from 365 in the plan year 2022 filing to 391 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. Omnetics Connector Corp. 401(k) Ps Plan reports 391 participants - about 35% of that state average ($44M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$44M
Net Income$8M
Employer EIN411514405
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Omnetics Connector Corporation)

$30M$35M$40M$45M$50M$55M 202220232024 $36.2M $51.7M ▲ +43.0%
Total plan assets by year, all Omnetics Connector Corporation plans on file
Year Plans Participants Total Assets
2022 1 365 $36M
2023 1 391 $44M
2024 1 430 $52M

Nearby 401(k) Plans in Minnesota

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

Omnetics Connector Corp. 401(k) Ps Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Omnetics Connector C…, Total assets ($B): 0.044070524 · Participants: 391Omnetics Connector C…Unitedhealth Group 4…, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 4…Medtronic Savings an…, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings an…3M Voluntary Investm…, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Sav…
Omnetics Connector Corp. 401(k) Ps Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Omnetics Connector Corp. 401(k) Ps Plan by total assets, not by location.

Frequently Asked Questions

How did Omnetics Connector Corp. 401(k) Ps Plan assets move in 2023?
Omnetics Connector Corp. 401(k) Ps Plan grew sharply - up 21.8% during 2023, from $36M to $44M. Reported net income was $8M.
How have Omnetics Connector Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Omnetics Connector Corporation's sponsor-wide assets grew 43.0%, from $36M to $52M.
Where does Omnetics Connector Corp. 401(k) Ps Plan rank by assets among Form 5500 filers?
Omnetics Connector Corp. 401(k) Ps Plan ranks in the 84th 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 Omnetics Connector Corp. 401(k) Ps Plan?
Among 401(k) plans in other states, the closest by assets is Simedhealth Retirement Plan in FL ($44M, 295 participants).

Next read for Omnetics Connector Corp. 401(k) Ps Plan

Filing takeaways

Ways to act on Omnetics Connector Corp. 401(k) Ps Plan's numbers.

  • By total assets, Omnetics Connector Corp. 401(k) Ps Plan ranks in the top quartile 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
  • Omnetics Connector Corporation's sponsor-wide assets have grown 43.0% since 2022 across 3 plan years on file. More Manufacturing plans