401(k) · DOL Form 5500 · 2023

M. a. Mortenson Company 401(k) Plan

Data updated 2026-08-11

$694M
Total assets: 2,673
Participants: 98th
Percentile by assets: $259,543
Avg per participant

Official DOL plan name: M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust · Sponsored by M. a. Mortenson Company · Minnesota · Construction

$694M in assets, 2,673 participants

M. a. Mortenson Company's M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust reported $694M in total assets and 2,673 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#8,856 in Construction (9,030 peers)

Coverage in Minnesota

M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust covers 2,673 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $694M.

$694M
total plan assets (2023 EOY): 2,673
covered participants: 98th
percentile by assets (of 127,072 plans): $259,543
avg assets per participant

M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust reported net income rose from -$84M in the plan year 2022 filing to $136M in the plan year 2023 filing.
M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust end-of-year assets rose from $557M in the plan year 2022 filing to $694M in the plan year 2023 filing.
M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust reported participants rose from 2,375 in the plan year 2022 filing to 2,673 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust reports 2,673 participants - 2.4x that state average ($694M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$557M
Net Assets (End of Year)	$694M
Net Income	$136M
Employer EIN	410740923
Plan Effective Date	1961-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (M. a. Mortenson Company)

Total plan assets by year, all M. a. Mortenson Company plans on file

Year	Plans	Participants	Total Assets
2022	2	3,791	$582M
2023	2	3,752	$724M
2024	2	5,324	$865M

Nearby 401(k) Plans in Minnesota

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

M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust 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 M. a. Mortenson Company Profit Sharing a… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust by total assets, not by location.

West Monroe Partners, Inc. 401(k) Plan (IL) $694M · 2,322
Smithfield Foods, Inc. Salaried 401(k) Plan (VA) $694M · 5,193
Danone U.S. 401(k) Plan (NY) $694M · 5,394
East Penn Manufacturing Co. 401(k) Savings Plan (PA) $694M · 9,778

Frequently Asked Questions

How did M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust assets move in 2023? ▼

M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust grew sharply - up 24.5% during 2023, from $557M to $694M. Reported net income was $136M.

How have M. a. Mortenson Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), M. a. Mortenson Company's sponsor-wide assets grew 48.7%, from $582M to $865M.

Where does M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust rank by assets among Form 5500 filers? ▼

M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust ranks in the 98th 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 M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is West Monroe Partners, Inc. 401(k) Plan in IL ($694M, 2,322 participants).

Next read for M. a. Mortenson Company Profit Sharing a…

Filing takeaways

Ways to act on M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust's numbers.

By total assets, M. a. Mortenson Company Profit Sharing and Retirement Savings Plan and Trust 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
M. a. Mortenson Company's sponsor-wide assets have grown 48.7% since 2022 across 3 plan years on file. More Construction 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 410740923.