401(k) · DOL Form 5500 · 2023

University Financial Corporation 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
298
Participants Below avg headcount
81st
Percentile by assets National rank
$118,063
Avg per participant Near avg balance/head
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Official DOL plan name: University Financial Corporation Employee Savings Plan · Sponsored by University Financial Corporation · Minnesota · Finance & Insurance

$35M in assets, 298 participants

University Financial Corporation's University Financial Corporation Employee Savings Plan reported $35M in total assets and 298 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,351 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

University Financial Corporation Employee Savings Plan covers 298 participants in Minnesota, about 26% of the average Minnesota filer (state average ~1,126 per filing). Assets: $35M.

#6,351
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

University Financial Corporation Employee Savings Plan's outsized position by total assets

University Financial Corporation Employee Savings Plan vs every filed plan by assets

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

$35,182,740 Top 19% higher than 81% 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

University Financial Corporation Employee 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. University Financial Corporation Employee Savings Plan sits mid-pack in the medium band (298 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • University Financial Corporation Employee Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • University Financial Corporation Employee Savings Plan end-of-year assets rose from $29M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • University Financial Corporation Employee Savings Plan reported participants rose from 267 in the plan year 2022 filing to 298 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411557799 · University Financial Corporation PY 2023 · 401(k)

University Financial Corporation Employee Savings Plan · $35M · 298 · 81st

  • PCT $35M
  • EIN 298
  • RANK 81st
  • PHOTO 401(k)
  • IND near Csi Electrical Contractors, Inc. 401(k) Profit Sharing Plan
  • EOY ind #6351

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 Finance & Insurance retirement plans → · Plans in Minnesota →

University Financial Corporation Employee Savings Plan in the asset neighbourhood

Enroute Computer Solutions Inc. 401(k) PlanEnroute Computer Solutions I…$35MRuoff Mortgage Company, Inc. 401(k) Profit Sharing Plan and TrustRuoff Mortgage Company, Inc.…$35MUniversity Financial Corporation Employee Savings PlanUniversity Financial Corpora…$35MCsi Electrical Contractors, Inc. 401(k) Profit Sharing PlanCsi Electrical Contractors, …$35MPrima Industrie North America, Inc. 401(k) PlanPrima Industrie North Americ…$35M
End-of-year total assets ($M) among University Financial Corporation Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$35M
Net Income$6M
Employer EIN411557799
Plan Effective Date1985-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (University Financial Corporation)

Sponsor-wide plan assets over time

All University Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$42M 43.63625516536474% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.1M $41.8M ▲ +43.6%
Year Plans Participants Total Assets
2022 1 267 $29M
2023 1 298 $35M
2024 1 319 $42M

Nearby 401(k) Plans in Minnesota

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

University Financial Corporation Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants University Financial Corporation Employee Savings Plan, Total assets ($B): 0.03518274 · Participants: 298University Financial Corporation Employee 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
University Financial Corporation Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare University Financial Corporation Employee Savings Plan side-by-side with 3 peers →

University Financial Corporation Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Csi Electrical Contractors, Inc. 401(k) Profit Sharing Plan in CA ($35M); by covered participants it is Silvertip Completion Services in TX (298 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (298 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 University Financial Corporation Employee Savings Plan assets move in 2023? ▼
University Financial Corporation Employee Savings Plan grew sharply - up 21.0% during 2023, from $29M to $35M. Reported net income was $6M.
How have University Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), University Financial Corporation's sponsor-wide assets grew 43.6%, from $29M to $42M.
Where does University Financial Corporation Employee Savings Plan rank by assets among Form 5500 filers? ▼
University Financial Corporation Employee Savings Plan ranks in the 81st 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 University Financial Corporation Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Csi Electrical Contractors, Inc. 401(k) Profit Sharing Plan in CA ($35M, 281 participants).
Which 401(k) plans cover a similar participant headcount to University Financial Corporation Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Silvertip Completion Services in TX (298 participants, N/A 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 411557799.

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.