401(k) · DOL Form 5500 · 2023

American Business Group 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
156
Participants Small participant base
60th
Percentile by assets National rank
$68,599
Avg per participant Below avg balance/head
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Official DOL plan name: American Business Group 401(k) Plan · Sponsored by American Business Group · Minnesota · Transportation & Warehousing

$11M in assets, 156 participants

American Business Group's American Business Group 401(k) Plan reported $11M in total assets and 156 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #2,045 in Transportation & Warehousing (3,362 peers)

Coverage in Minnesota

American Business Group 401(k) Plan covers 156 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#2,045
in Transportation & Warehousing (3,362 peers)
+20.7%
assets growth YoY

American Business Group 401(k) Plan's mid-pack asset rank among Transportation & Warehousing and all filers

American Business Group 401(k) Plan vs every filed plan by assets

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

$10,701,415 Top 40% higher than 60% 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

American Business Group 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. American Business Group 401(k) Plan sits mid-pack in the medium band (156 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Business Group 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • American Business Group 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • American Business Group 401(k) Plan reported participants fell from 175 in the plan year 2022 filing to 156 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 272355987 · American Business Group PY 2023 · 401(k)

American Business Group 401(k) Plan · $11M · 156 · 60th

  • PCT $11M
  • EIN 156
  • RANK 60th
  • PHOTO 401(k)
  • IND near Roger a. Mann, Md 401(k) Profit Sharing Plan
  • EOY ind #2045

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 Transportation & Warehousing retirement plans → · Plans in Minnesota →

American Business Group 401(k) Plan in the asset neighbourhood

American Business Group 401(k) PlanAmerican Business Group 401(…$11MRoger a. Mann, Md 401(k) Profit Sharing PlanRoger a. Mann, Md 401(k) Pro…$11MTj Hale Company 401(k) Savings PlanTj Hale Company 401(k) Savin…$11MGeneral Production Service, Inc. 401(k) PlanGeneral Production Service, …$11MEllicott Development Company 401(k) PlanEllicott Development Company…$11M
End-of-year total assets ($M) among American Business Group 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)$11M
Net Income$2M
Employer EIN272355987
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Business Group)

Sponsor-wide plan assets over time

All American Business Group plans reported in each filing year

Latest sponsor-wide plan assets
$12M 31.3293589730862% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.86M $11.6M ▲ +31.4%
Year Plans Participants Total Assets
2022 1 175 $9M
2023 1 156 $11M
2024 1 144 $12M

Nearby 401(k) Plans in Minnesota

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

American Business Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants American Business Group 401(k) Plan, Total assets ($B): 0.010701415 · Participants: 156American Business Group 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
American Business Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare American Business Group 401(k) Plan side-by-side with 3 peers →

American Business Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Roger a. Mann, Md 401(k) Profit Sharing Plan in CA ($11M); by covered participants it is Motivating Graphics 401(k) Retirement Plan in TX (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 American Business Group 401(k) Plan assets move in 2023? ▼
American Business Group 401(k) Plan grew sharply - up 20.7% during 2023, from $9M to $11M. Reported net income was $2M.
How have American Business Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Business Group's sponsor-wide assets grew 31.3%, from $9M to $12M.
Which 401(k) plans are similar in size to American Business Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Roger a. Mann, Md 401(k) Profit Sharing Plan in CA ($11M, 4 participants).
Which 401(k) plans cover a similar participant headcount to American Business Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Motivating Graphics 401(k) Retirement Plan in TX (156 participants, $1M 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 272355987.

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.