401(k) · DOL Form 5500 · 2023

Mti Distributing Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
107
Participants Small participant base
71st
Percentile by assets National rank
$172,656
Avg per participant Above avg balance/head
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Official DOL plan name: Mti Distributing 401(k) Plan · Sponsored by Mti Distributing Inc. · Minnesota · Wholesale Trade

$18M in assets, 107 participants

Mti Distributing Inc.'s Mti Distributing 401(k) Plan reported $18M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #4,260 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Mti Distributing 401(k) Plan covers 107 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

#4,260
in Wholesale Trade (6,309 peers)
+23.4%
assets growth YoY

Mti Distributing 401(k) Plan's outsized position by total assets

Mti Distributing 401(k) Plan vs every filed plan by assets

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

$18,474,208 Top 29% higher than 71% 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

Mti Distributing 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. Mti Distributing 401(k) Plan sits mid-pack in the medium band (107 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mti Distributing 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Mti Distributing 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Mti Distributing 401(k) Plan reported participants rose from 102 in the plan year 2022 filing to 107 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411939333 · Mti Distributing Inc. PY 2023 · 401(k)

Mti Distributing 401(k) Plan · $18M · 107 · 71st

  • EOY $18M
  • EOY 107
  • EOY 71st
  • EOY 401(k)
  • EOY near Kings Seafood Company, LLC 401(k) Profit Sharing Plan
  • EOY ind #4260

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Mti Distributing 401(k) Plan in the asset neighbourhood

Beckstoffer Vineyards Safe Harbor 401(k) Retirement Savings PlanBeckstoffer Vineyards Safe H…$18MMti Distributing 401(k) Plan$18MKings Seafood Company, LLC 401(k) Profit Sharing PlanKings Seafood Company, LLC 4…$18MDon Sanderson Ford, Inc. 401(k) PlanDon Sanderson Ford, Inc. 401…$18MRegis Technologies, Inc. Retirement Savings PlanRegis Technologies, Inc. Ret…$18M
End-of-year total assets ($M) among Mti Distributing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$4M
Employer EIN411939333
Plan Effective Date1982-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mti Distributing Inc.)

Sponsor-wide plan assets over time

All Mti Distributing Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 30.310479632949754% vs 2022
2024 filing year
$14M$16M$18M$20M 202220232024 $15M $19.5M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 102 $15M
2023 1 107 $18M
2024 1 120 $20M

Nearby 401(k) Plans in Minnesota

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

Mti Distributing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mti Distributing 401(k) Plan, Total assets ($B): 0.018474208 · Participants: 107Mti Distributing 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
Mti Distributing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mti Distributing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Kings Seafood Company, LLC 401(k) Profit Sharing Plan in CA ($18M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Mti Distributing 401(k) Plan assets move in 2023?
Mti Distributing 401(k) Plan grew sharply - up 23.4% during 2023, from $15M to $18M. Reported net income was $4M.
How have Mti Distributing Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mti Distributing Inc.'s sponsor-wide assets grew 30.3%, from $15M to $20M.
Which 401(k) plans are similar in size to Mti Distributing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kings Seafood Company, LLC 401(k) Profit Sharing Plan in CA ($18M, 953 participants).
Which 401(k) plans cover a similar participant headcount to Mti Distributing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants, N/A in assets).