401(k) · DOL Form 5500 · 2023

Egan Company 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
243
Participants Below avg headcount
87th
Percentile by assets National rank
$248,721
Avg per participant Above avg balance/head
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Official DOL plan name: Egan Company 401(k) and Profit Sharing Plan · Sponsored by Egan Company · Minnesota · Construction

$60M in assets, 243 participants

Egan Company's Egan Company 401(k) and Profit Sharing Plan reported $60M in total assets and 243 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,704 in Construction (9,030 peers)

Coverage in Minnesota

Egan Company 401(k) and Profit Sharing Plan covers 243 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $60M.

#7,704
in Construction (9,030 peers)
+8.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Egan Company 401(k) and Profit Sharing Plan's outsized position by total assets

Egan Company 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$60,439,182 Top 13% higher than 87% 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

Egan Company 401(k) and Profit Sharing 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. Egan Company 401(k) and Profit Sharing Plan sits mid-pack in the medium band (243 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Egan Company 401(k) and Profit Sharing Plan reported net income rose from -$13M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Egan Company 401(k) and Profit Sharing Plan end-of-year assets rose from $56M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Egan Company 401(k) and Profit Sharing Plan reported participants rose from 232 in the plan year 2022 filing to 243 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411570195 · Egan Company PY 2023 · 401(k)

Egan Company 401(k) and Profit Sharing Plan · $60M · 243 · 87th

  • RANK $60M
  • RANK 243
  • RANK 87th
  • RANK 401(k)
  • RANK near Elkhart Clinic, LLC Employees' Profit Sharing Plan
  • RANK ind #7704

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 →

Egan Company 401(k) and Profit Sharing Plan in the asset neighbourhood

Egan Company 401(k) and Profit Sharing PlanEgan Company 401(k) and Prof…$60MElkhart Clinic, LLC Employees' Profit Sharing PlanElkhart Clinic, LLC Employee…$60MKyo-Ya Management Company, Ltd. 401(k) PlanKyo-Ya Management Company, L…$60MNishikawa Cooper LLC Retirement PlanNishikawa Cooper LLC Retirem…$60MSan Francisco Newspapers Savings PlanSan Francisco Newspapers Sav…$60M
End-of-year total assets ($M) among Egan Company 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$60M
Net Income$5M
Employer EIN411570195
Plan Effective Date1976-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Egan Company)

Sponsor-wide plan assets over time

All Egan Company plans reported in each filing year

Latest sponsor-wide plan assets
$71M 27.75203202294163% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $55.6M $71M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 232 $56M
2023 1 243 $60M
2024 1 261 $71M

Nearby 401(k) Plans in Minnesota

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

Egan Company 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Egan Company 401(k) and Profit Sharing Plan, Total assets ($B): 0.060439182 · Participants: 243Egan Company 401(k) and Profit Sharing 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
Egan Company 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Egan Company 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Elkhart Clinic, LLC Employees' Profit Sharing Plan in IN ($60M); by covered participants it is Ebq Retirement Plan in TX (243 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (243 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 Egan Company 401(k) and Profit Sharing Plan assets move in 2023?
Egan Company 401(k) and Profit Sharing Plan grew at a solid clip - up 8.7% during 2023, from $56M to $60M. Reported net income was $5M.
How have Egan Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Egan Company's sponsor-wide assets grew 27.8%, from $56M to $71M.
Where does Egan Company 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers?
Egan Company 401(k) and Profit Sharing Plan ranks in the 87th 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 Egan Company 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Elkhart Clinic, LLC Employees' Profit Sharing Plan in IN ($60M, 333 participants).
Which 401(k) plans cover a similar participant headcount to Egan Company 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ebq Retirement Plan in TX (243 participants, $2M in assets).