401(k) · DOL Form 5500 · 2023

Blst Operating Company, LLC 401(k) Plan

Data updated 2026-08-25

$201M
Total assets Near avg plan size
1,326
Participants Near avg headcount
95th
Percentile by assets National rank
$151,247
Avg per participant Above avg balance/head
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Official DOL plan name: Bluestem 401(k) Retirement Savings Plan · Sponsored by Blst Operating Company, LLC · Minnesota · Retail Trade

$201M in assets, 1,326 participants

Blst Operating Company, LLC's Bluestem 401(k) Retirement Savings Plan reported $201M in total assets and 1,326 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,166 in Retail Trade (8,414 peers)

Where Bluestem 401(k) Retirement Savings Plan sits by assets

Bluestem 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $201M for 1,326 participants (~$151,247/participant), up 2.8% in 2023.

#8,166
in Retail Trade (8,414 peers)
+2.8%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Bluestem 401(k) Retirement Savings Plan's outsized position by total assets

Bluestem 401(k) Retirement Savings Plan vs every filed plan by assets

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

$200,553,709 Top 5% higher than 95% 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

Bluestem 401(k) Retirement Savings 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. Bluestem 401(k) Retirement Savings Plan lands in the large band (1,326 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bluestem 401(k) Retirement Savings Plan reported net income rose from -$54M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Bluestem 401(k) Retirement Savings Plan reported participants fell from 1,626 in the plan year 2022 filing to 1,326 in the plan year 2023 filing.
  • Bluestem 401(k) Retirement Savings Plan end-of-year assets rose from $195M in the plan year 2022 filing to $201M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 851387944 · Blst Operating Company, LLC PY 2023 · 401(k)

Bluestem 401(k) Retirement Savings Plan · $201M · 1,326 · 95th

  • 5500 $201M
  • 5500 1,326
  • 5500 95th
  • 5500 401(k)
  • 5500 near Diversified Service Options, Inc. Dba Guidewell Source 401(k) Savings Plan
  • 5500 ind #8166

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 Retail Trade retirement plans → · Plans in Minnesota →

Bluestem 401(k) Retirement Savings Plan in the asset neighbourhood

Jackson Family Enterprises 401(k) PlanJackson Family Enterprises 4…$201MDiversified Service Options, Inc. Dba Guidewell Source 401(k) Savings PlanDiversified Service Options,…$201MBluestem 401(k) Retirement Savings PlanBluestem 401(k) Retirement S…$201MInternational Association of Sheet Metal, Air,Rail and Transportation Workers (Smart) Local Union No.International Association of…$200MRosebud Mining Company 401(k) PlanRosebud Mining Company 401(k…$200M
End-of-year total assets ($M) among Bluestem 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$201M
Net Income$6M
Employer EIN851387944
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blst Operating Company, LLC)

Sponsor-wide plan assets over time

All Blst Operating Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$204M 4.747411766185486% vs 2022
2024 filing year
$190M$195M$200M$205M$210M 202220232024 $195M $204M ▲ +4.7%
Year Plans Participants Total Assets
2022 1 1,626 $195M
2023 1 1,326 $201M
2024 1 930 $204M

Nearby 401(k) Plans in Minnesota

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

Bluestem 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Bluestem 401(k) Retirement Savings Plan, Total assets ($B): 0.200553709 · Participants: 1326Bluestem 401(k) Retirement Savings 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
Bluestem 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bluestem 401(k) Retirement Savings Plan side-by-side with 3 peers →

Bluestem 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Diversified Service Options, Inc. Dba Guidewell Source 401(k) Savings Plan in FL ($201M); by covered participants it is Fairfield 401(k) Plan in CA (1,326 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,326 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 Bluestem 401(k) Retirement Savings Plan assets move in 2023? ▼
Bluestem 401(k) Retirement Savings Plan edged up modestly - up 2.8% during 2023, from $195M to $201M. Reported net income was $6M.
How have Blst Operating Company, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blst Operating Company, LLC's sponsor-wide assets grew 4.7%, from $195M to $204M.
Where does Bluestem 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Bluestem 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bluestem 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Diversified Service Options, Inc. Dba Guidewell Source 401(k) Savings Plan in FL ($201M, 2,342 participants).
Which 401(k) plans cover a similar participant headcount to Bluestem 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fairfield 401(k) Plan in CA (1,326 participants, $145M 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 851387944.

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.