401(k) · DOL Form 5500 · 2023

Elemet Group, Inc 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
123
Participants Small participant base
48th
Percentile by assets National rank
$49,992
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Elemet Group 401(k) Plan · Sponsored by Elemet Group, Inc · Minnesota · Manufacturing

$6M in assets, 123 participants

Elemet Group, Inc's The Elemet Group 401(k) Plan reported $6M in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,034 in Manufacturing (18,722 peers)

Coverage in Minnesota

The Elemet Group 401(k) Plan covers 123 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $6M.

#6,034
in Manufacturing (18,722 peers)
+25.2%
assets growth YoY

The Elemet Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Elemet Group 401(k) Plan vs every filed plan by assets

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

$6,149,035 48th percentile higher than 48% 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

The Elemet 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. The Elemet Group 401(k) Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Elemet Group 401(k) Plan reported net income rose from -$762K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • The Elemet Group 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • The Elemet Group 401(k) Plan reported participants rose from 102 in the plan year 2022 filing to 123 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 815066079 · Elemet Group, Inc PY 2023 · 401(k)

The Elemet Group 401(k) Plan · $6M · 123 · 48th

  • EIN $6M
  • EIN 123
  • EIN 48th
  • EIN 401(k)
  • EIN near The Confederated Tribes of Warm Springs Enterprise 401(k) Plan
  • EIN ind #6034

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 Manufacturing retirement plans → · Plans in Minnesota →

The Elemet Group 401(k) Plan in the asset neighbourhood

The Elemet Group 401(k) Plan$6MThe Confederated Tribes of Warm Springs Enterprise 401(k) PlanThe Confederated Tribes of W…$6MSeaway Bolt & Specials Co., Inc. 401(k) PlanSeaway Bolt & Specials Co., …$6MNes 401(k) Retirement Plan$6MEarl May Seed & Nursery Lc Profit Sharing and Retirement Savings ProgramEarl May Seed & Nursery Lc P…$6M
End-of-year total assets ($M) among The Elemet 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)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN815066079
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elemet Group, Inc)

Sponsor-wide plan assets over time

All Elemet Group, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$7M 46.225630663590486% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.91M $7.18M ▲ +46.2%
Year Plans Participants Total Assets
2022 1 102 $5M
2023 1 123 $6M
2024 1 120 $7M

Nearby 401(k) Plans in Minnesota

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

The Elemet Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Elemet Group 401(k) Plan, Total assets ($B): 0.006149035 · Participants: 123The Elemet 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
The Elemet Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Elemet Group 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is The Confederated Tribes of Warm Springs Enterprise 401(k) Plan in OR ($6M); by covered participants it is Sunchase Salary Savings Plan in NC (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 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 The Elemet Group 401(k) Plan assets move in 2023? ▼
The Elemet Group 401(k) Plan grew sharply - up 25.2% during 2023, from $5M to $6M. Reported net income was $1M.
How have Elemet Group, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elemet Group, Inc's sponsor-wide assets grew 46.2%, from $5M to $7M.
Which 401(k) plans are similar in size to The Elemet Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Confederated Tribes of Warm Springs Enterprise 401(k) Plan in OR ($6M, 157 participants).
Which 401(k) plans cover a similar participant headcount to The Elemet Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunchase Salary Savings Plan in NC (123 participants, $2M 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 815066079.

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.