401(k) · DOL Form 5500 · 2023

H.B. Fuller Company 401(k) Plan

Data updated 2026-08-11

$488M
Total assets
2,561
Participants
97th
Percentile by assets
$190,620
Avg per participant
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Official DOL plan name: H.B. Fuller Company 401(k) & Retirement Plan · Sponsored by H.B. Fuller Company · Minnesota · Manufacturing

$488M in assets, 2,561 participants

H.B. Fuller Company's H.B. Fuller Company 401(k) & Retirement Plan reported $488M in total assets and 2,561 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,912 in Manufacturing (18,722 peers)

Coverage in Minnesota

H.B. Fuller Company 401(k) & Retirement Plan covers 2,561 participants in Minnesota, 2.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $488M.

$488M
total plan assets (2023 EOY)
2,561
covered participants
97th
percentile by assets (of 127,072 plans)
$190,620
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • H.B. Fuller Company 401(k) & Retirement Plan reported net income rose from -$80M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • H.B. Fuller Company 401(k) & Retirement Plan end-of-year assets rose from $418M in the plan year 2022 filing to $488M in the plan year 2023 filing.
  • H.B. Fuller Company 401(k) & Retirement Plan reported participants rose from 2,527 in the plan year 2022 filing to 2,561 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. H.B. Fuller Company 401(k) & Retirement Plan reports 2,561 participants - 2.3x that state average ($488M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$418M
Net Assets (End of Year)$488M
Net Income$70M
Employer EIN410268370
Plan Effective Date1981-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (H.B. Fuller Company)

$400M$500M$600M$700M$800M$900M 202220232024 $738M $529M ▼ -28.2%
Total plan assets by year, all H.B. Fuller Company plans on file
Year Plans Participants Total Assets
2022 2 2,823 $738M
2023 2 2,826 $837M
2024 1 2,526 $529M

Nearby 401(k) Plans in Minnesota

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

H.B. Fuller Company 401(k) & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

H.B. Fuller Company 401(k) & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants H.B. Fuller Company …Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
H.B. Fuller Company 401(k) & Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to H.B. Fuller Company 401(k) & Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did H.B. Fuller Company 401(k) & Retirement Plan assets move in 2023?
H.B. Fuller Company 401(k) & Retirement Plan grew sharply - up 16.8% during 2023, from $418M to $488M. Reported net income was $70M.
How have H.B. Fuller Company plan assets changed over time?
Across 3 plan years on file (2022-2024), H.B. Fuller Company's sponsor-wide assets declined 28.2%, from $738M to $529M.
Where does H.B. Fuller Company 401(k) & Retirement Plan rank by assets among Form 5500 filers?
H.B. Fuller Company 401(k) & Retirement Plan ranks in the 97th 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 H.B. Fuller Company 401(k) & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Equity League 401(k) Plan in NY ($488M, 23,067 participants).

Next read for H.B. Fuller Company 401(k) & Retirement …

Filing takeaways

Ways to act on H.B. Fuller Company 401(k) & Retirement Plan's numbers.

  • By total assets, H.B. Fuller Company 401(k) & Retirement Plan 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
  • H.B. Fuller Company's sponsor-wide assets have declined 28.2% since 2022 across 3 plan years on file. More Manufacturing plans