401(k) · DOL Form 5500 · 2023
Room & Board, Inc. 401(k) Plan
Data updated 2026-08-11
- $140M
- Total assets
- 1,126
- Participants
- 93rd
- Percentile by assets
- $124,248
- Avg per participant
Official DOL plan name: Room & Board 401(k) Plan · Sponsored by Room & Board, Inc. · Minnesota · Retail Trade
$140M in assets, 1,126 participants
Room & Board, Inc.'s Room & Board 401(k) Plan reported $140M in total assets and 1,126 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #8,089 in Retail Trade (8,414 peers)
Where Room & Board 401(k) Plan sits by assets
Room & Board 401(k) Plan sits in the top 10% of all filed plans by assets, $140M for 1,126 participants (~$124,248/participant), up 20.0% in 2023.
- $140M
- total plan assets (2023 EOY)
- 1,126
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $124,248
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Room & Board 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Room & Board 401(k) Plan end-of-year assets rose from $117M in the plan year 2022 filing to $140M in the plan year 2023 filing.
- Room & Board 401(k) Plan reported participants rose from 1,032 in the plan year 2022 filing to 1,126 in the plan year 2023 filing.
Room & Board 401(k) Plan vs the 2023 asset distribution
By assets, Room & Board 401(k) Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $117M |
|---|---|
| Net Assets (End of Year) | $140M |
| Net Income | $23M |
| Employer EIN | 411384146 |
| Plan Effective Date | 1987-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Room & Board, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,032 | $117M |
| 2023 | 1 | 1,126 | $140M |
| 2024 | 2 | 2,122 | $168M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Room & Board 401(k) 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Room & Board 401(k) Plan by total assets, not by location.
- Investcloud, Inc 401(k) Plan (CA) $140M · 838
- Rain Bird Corporation Employee Savings & Investment Plan (CA) $140M · 719
- Plaskolite, LLC. & Subsidiaries Amended and Restated Profit Sharing Plan (OH) $140M · 1,019
- Enerpac Tool Group 401(k) Plan (WI) $140M · 636
Frequently Asked Questions
How did Room & Board 401(k) Plan assets move in 2023? ▼
How have Room & Board, Inc. plan assets changed over time? ▼
Where does Room & Board 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Room & Board 401(k) Plan? ▼
Next read for Room & Board 401(k) Plan
Scale reading
Ways to act on Room & Board 401(k) Plan's numbers.
- By total assets, Room & Board 401(k) Plan ranks in the top 10% 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
- Room & Board, Inc.'s sponsor-wide assets have grown 44.0% since 2022 across 3 plan years on file. More Retail Trade plans