401(k) · DOL Form 5500 · 2023

Advantek, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
107
Participants Small participant base
54th
Percentile by assets National rank
$75,149
Avg per participant Below avg balance/head
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Official DOL plan name: Advantek, LLC 401(k) Plan · Sponsored by Advantek, LLC · Minnesota · Manufacturing

$8M in assets, 107 participants

Advantek, LLC's Advantek, LLC 401(k) Plan reported $8M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,297 in Manufacturing (18,722 peers)

Coverage in Minnesota

Advantek, LLC 401(k) Plan covers 107 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $8M.

#7,297
in Manufacturing (18,722 peers)
-7.5%
assets change YoY

The plan reported a net loss of $654K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Advantek, LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Advantek, LLC 401(k) Plan vs every filed plan by assets

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

$8,040,914 Top 46% higher than 54% 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

Advantek, LLC 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. Advantek, LLC 401(k) Plan sits mid-pack in the medium band (107 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Advantek, LLC 401(k) Plan reported net income fell from $92K in the plan year 2022 filing to -$654K in the plan year 2023 filing.
  • Advantek, LLC 401(k) Plan reported participants rose from 88 in the plan year 2022 filing to 107 in the plan year 2023 filing.
  • Advantek, LLC 401(k) Plan end-of-year assets fell from $9M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411717163 · Advantek, LLC PY 2023 · 401(k)

Advantek, LLC 401(k) Plan · $8M · 107 · 54th

  • BOY $8M
  • SCH 107
  • EBSA 54th
  • PART 401(k)
  • TYPE near Buesing Corp. 401(k) Profit Sharing Plan
  • NET ind #7297

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 →

Advantek, LLC 401(k) Plan in the asset neighbourhood

Advantek, LLC 401(k) Plan$8MBuesing Corp. 401(k) Profit Sharing PlanBuesing Corp. 401(k) Profit …$8MAon Risk Services of Pr, Inc. 1081.01(D) PlanAon Risk Services of Pr, Inc…$8MDermatology Partners, Inc. 401(k) Profit Sharing Plan and TrustDermatology Partners, Inc. 4…$8MWalsh & Hacker Self-Employed Retirement PlanWalsh & Hacker Self-Employed…$8M
End-of-year total assets ($M) among Advantek, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$654K
Employer EIN411717163
Plan Effective Date2022-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Advantek, LLC)

Sponsor-wide plan assets over time

All Advantek, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$9M 9.12557467906756% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M$10M 202220232024 $8.7M $9.49M ▲ +9.1%
Year Plans Participants Total Assets
2022 1 88 $9M
2023 1 107 $8M
2024 1 69 $9M

Nearby 401(k) Plans in Minnesota

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

Advantek, LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Advantek, LLC 401(k) Plan, Total assets ($B): 0.008040914 · Participants: 107Advantek, LLC 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
Advantek, LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Advantek, LLC 401(k) Plan side-by-side with 3 peers →

Advantek, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Buesing Corp. 401(k) Profit Sharing Plan in AZ ($8M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Advantek, LLC 401(k) Plan assets move in 2023? ▼
Advantek, LLC 401(k) Plan pulled back noticeably - down 7.5% during 2023, from $9M to $8M. Reported net income was -$654K.
How have Advantek, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advantek, LLC's sponsor-wide assets grew 9.1%, from $9M to $9M.
Which 401(k) plans are similar in size to Advantek, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Buesing Corp. 401(k) Profit Sharing Plan in AZ ($8M, 298 participants).
Which 401(k) plans cover a similar participant headcount to Advantek, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 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 411717163.

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.