401(k) · DOL Form 5500 · 2023

Minnwest Corporation 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
419
Participants Below avg headcount
88th
Percentile by assets National rank
$158,601
Avg per participant Above avg balance/head
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Official DOL plan name: Minnwest Corporation 401(k) Plan · Sponsored by Minnwest Corporation · Minnesota · Finance & Insurance

$66M in assets, 419 participants

Minnwest Corporation's Minnwest Corporation 401(k) Plan reported $66M in total assets and 419 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,259 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Minnwest Corporation 401(k) Plan covers 419 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $66M.

#7,259
in Finance & Insurance (8,869 peers)
+16.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Minnwest Corporation 401(k) Plan's outsized position by total assets

Minnwest Corporation 401(k) Plan vs every filed plan by assets

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

$66,453,936 Top 12% higher than 88% 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

Minnwest Corporation 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. Minnwest Corporation 401(k) Plan sits mid-pack in the medium band (419 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnwest Corporation 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Minnwest Corporation 401(k) Plan end-of-year assets rose from $57M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Minnwest Corporation 401(k) Plan reported participants fell from 446 in the plan year 2022 filing to 419 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411549950 · Minnwest Corporation PY 2023 · 401(k)

Minnwest Corporation 401(k) Plan · $66M · 419 · 88th

  • PCT $66M
  • PCT 419
  • PCT 88th
  • PCT 401(k)
  • PCT near Bbc Studios Americas, Inc. 401(k) Retirement Plan
  • PCT ind #7259

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Minnwest Corporation 401(k) Plan in the asset neighbourhood

Minnwest Corporation 401(k) PlanMinnwest Corporation 401(k) …$66MBbc Studios Americas, Inc. 401(k) Retirement PlanBbc Studios Americas, Inc. 4…$66MClayton Block Company, Inc. Profit Sharing/401(k) PlanClayton Block Company, Inc. …$66MBasin Electric Power Cooperative Wy/Ne Union 401(k) PlanBasin Electric Power Coopera…$66MTeachers Federal Credit Union Cash or Deferred Compensation PlanTeachers Federal Credit Unio…$66M
End-of-year total assets ($M) among Minnwest Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$66M
Net Income$9M
Employer EIN411549950
Plan Effective Date1987-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnwest Corporation)

Sponsor-wide plan assets over time

All Minnwest Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$77M 25.960195922340528% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.3M $77.3M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 806 $61M
2023 2 765 $70M
2024 2 746 $77M

Nearby 401(k) Plans in Minnesota

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

Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Minnwest Corporation 401(k) Plan, Total assets ($B): 0.066453936 · Participants: 419Minnwest Corporation 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
Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Minnwest Corporation 401(k) Plan side-by-side with 3 peers →

Minnwest Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Bbc Studios Americas, Inc. 401(k) Retirement Plan in NY ($66M); by covered participants it is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (419 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 Minnwest Corporation 401(k) Plan assets move in 2023? ▼
Minnwest Corporation 401(k) Plan grew sharply - up 16.5% during 2023, from $57M to $66M. Reported net income was $9M.
How have Minnwest Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnwest Corporation's sponsor-wide assets grew 26.0%, from $61M to $77M.
Where does Minnwest Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Minnwest Corporation 401(k) Plan ranks in the 88th 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 Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bbc Studios Americas, Inc. 401(k) Retirement Plan in NY ($66M, 380 participants).
Which 401(k) plans cover a similar participant headcount to Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants, N/A 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 411549950.

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.