401(k) · DOL Form 5500 · 2023

Ip Corporation 401(k) Plan

Data updated 2026-08-11

$101M
Total assets
554
Participants
91st
Percentile by assets
$181,997
Avg per participant
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Official DOL plan name: Ip Corporation 401(k) Plan · Sponsored by Ip Corporation · Minnesota · Manufacturing

$101M in assets, 554 participants

Ip Corporation's Ip Corporation 401(k) Plan reported $101M in total assets and 554 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #16,270 in Manufacturing (18,722 peers)

Coverage in Minnesota

Ip Corporation 401(k) Plan covers 554 participants in Minnesota, about 49% of the average Minnesota filer (state average ~1,126 per filing). Assets: $101M.

$101M
total plan assets (2023 EOY)
554
covered participants
91st
percentile by assets (of 127,072 plans)
$181,997
avg assets per participant

Where Ip Corporation 401(k) Plan sits by total assets

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

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

$100,826,424 Top 9% higher than 91% 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

  • Ip Corporation 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Ip Corporation 401(k) Plan end-of-year assets rose from $82M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Ip Corporation 401(k) Plan reported participants fell from 565 in the plan year 2022 filing to 554 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Ip Corporation 401(k) Plan reports 554 participants - about 49% of that state average ($101M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$101M
Net Income$19M
Employer EIN410850438
Plan Effective Date1970-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ip Corporation)

$60M$80M$100M$120M 202220232024 $81.7M $116M ▲ +41.5%
Total plan assets by year, all Ip Corporation plans on file
Year Plans Participants Total Assets
2022 1 565 $82M
2023 1 554 $101M
2024 1 619 $116M

Nearby 401(k) Plans in Minnesota

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

Ip Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Ip Corporation 401(k…, Total assets ($B): 0.100826424 · Participants: 554Ip Corporation 401(k…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…
Ip Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Ip Corporation 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ip Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ip Corporation 401(k) Plan assets move in 2023? ▼
Ip Corporation 401(k) Plan grew sharply - up 23.4% during 2023, from $82M to $101M. Reported net income was $19M.
How have Ip Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ip Corporation's sponsor-wide assets grew 41.5%, from $82M to $116M.
Where does Ip Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Ip Corporation 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ip Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dynata, LLC Employee 401(k) Plan in CT ($101M, 1,655 participants).

Next read for Ip Corporation 401(k) Plan

Filing takeaways

Ways to act on Ip Corporation 401(k) Plan's numbers.

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 410850438.

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.