401(k) · DOL Form 5500 · 2023

Central Specialties, Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
362
Participants Below avg headcount
85th
Percentile by assets National rank
$129,861
Avg per participant Near avg balance/head
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Official DOL plan name: Central Specialties, Inc. Retirement Savings Plan · Sponsored by Central Specialties, Inc. · Minnesota · Construction

$47M in assets, 362 participants

Central Specialties, Inc.'s Central Specialties, Inc. Retirement Savings Plan reported $47M in total assets and 362 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,473 in Construction (9,030 peers)

Coverage in Minnesota

Central Specialties, Inc. Retirement Savings Plan covers 362 participants in Minnesota, about 32% of the average Minnesota filer (state average ~1,126 per filing). Assets: $47M.

#7,473
in Construction (9,030 peers)
+17.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Central Specialties, Inc. Retirement Savings Plan's outsized position by total assets

Central Specialties, Inc. Retirement Savings Plan vs every filed plan by assets

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

$47,009,705 Top 15% higher than 85% 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

Central Specialties, Inc. Retirement Savings 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. Central Specialties, Inc. Retirement Savings Plan sits mid-pack in the medium band (362 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Central Specialties, Inc. Retirement Savings Plan reported net income rose from -$13M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Central Specialties, Inc. Retirement Savings Plan end-of-year assets rose from $40M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Central Specialties, Inc. Retirement Savings Plan reported participants rose from 343 in the plan year 2022 filing to 362 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411270987 · Central Specialties, Inc. PY 2023 · 401(k)

Central Specialties, Inc. Retirement Savings Plan · $47M · 362 · 85th

  • ASSETS $47M
  • PCT 362
  • EIN 85th
  • RANK 401(k)
  • PHOTO near South Denver Cardiology Associates, P.C. 401(k) Profit Sharing Plan
  • IND ind #7473

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 Construction retirement plans → · Plans in Minnesota →

Central Specialties, Inc. Retirement Savings Plan in the asset neighbourhood

Entrata 401(k) Plan$47MCentral Specialties, Inc. Retirement Savings PlanCentral Specialties, Inc. Re…$47MSouth Denver Cardiology Associates, P.C. 401(k) Profit Sharing PlanSouth Denver Cardiology Asso…$47MBarkley, Inc. 401(k) Profit Sharing PlanBarkley, Inc. 401(k) Profit …$47MAir Canada U.S. Tax Incentive Savings PlanAir Canada U.S. Tax Incentiv…$47M
End-of-year total assets ($M) among Central Specialties, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$47M
Net Income$7M
Employer EIN411270987
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Specialties, Inc.)

Sponsor-wide plan assets over time

All Central Specialties, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 36.987597439122986% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.1M $54.9M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 343 $40M
2023 1 362 $47M
2024 1 411 $55M

Nearby 401(k) Plans in Minnesota

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

Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Central Specialties, Inc. Retirement Savings Plan, Total assets ($B): 0.047009705 · Participants: 362Central Specialties, Inc. Retirement Savings 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
Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Central Specialties, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is South Denver Cardiology Associates, P.C. 401(k) Profit Sharing Plan in CO ($47M); by covered participants it is Bk Medical Holding Company, Inc. 401(k) Plan in MA (362 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (362 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 Central Specialties, Inc. Retirement Savings Plan assets move in 2023?
Central Specialties, Inc. Retirement Savings Plan grew sharply - up 17.3% during 2023, from $40M to $47M. Reported net income was $7M.
How have Central Specialties, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Central Specialties, Inc.'s sponsor-wide assets grew 37.0%, from $40M to $55M.
Where does Central Specialties, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Central Specialties, Inc. Retirement Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Central Specialties, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is South Denver Cardiology Associates, P.C. 401(k) Profit Sharing Plan in CO ($47M, 189 participants).
Which 401(k) plans cover a similar participant headcount to Central Specialties, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Bk Medical Holding Company, Inc. 401(k) Plan in MA (362 participants, N/A in assets).