401(k) · DOL Form 5500 · 2023

Blst Operating Company, LLC 401(k) Plan

Data updated 2026-08-11

$201M
Total assets: 1,326
Participants: 95th
Percentile by assets: $151,247
Avg per participant

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.

95th percentile by assets (of 127,072 plans)
#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.

$201M
total plan assets (2023 EOY): 1,326
covered participants: 95th
percentile by assets (of 127,072 plans): $151,247
avg assets per participant

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 →

State

Minnesota

Industry

Retail Trade

Bluestem 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Bluestem 401(k) Retirement Savings Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$195M
Net Assets (End of Year)	$201M
Net Income	$6M
Employer EIN	851387944
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blst Operating Company, LLC)

Total plan assets by year, all Blst Operating Company, LLC plans on file

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

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Bluestem 401(k) Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bluestem 401(k) Retirement Savings Plan by total assets, not by location.

Diversified Service Options, Inc. Dba Guidewell Source 401(k) Savings Plan (FL) $201M · 2,342
International Association of Sheet Metal, Air,Rail and Transportation Workers (Smart) Local Union No. (MO) $200M · 3,081
Jackson Family Enterprises 401(k) Plan (CA) $201M · 1,897
Rosebud Mining Company 401(k) Plan (PA) $200M · 902

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).

Next read for Bluestem 401(k) Retirement Savings Plan

Scale reading

Ways to act on Bluestem 401(k) Retirement Savings Plan's numbers.

By total assets, Bluestem 401(k) Retirement Savings Plan ranks in the top 5% 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
Blst Operating Company, LLC's sponsor-wide assets have grown 4.7% since 2022 across 3 plan years on file. More Retail Trade plans

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.