401(k) · DOL Form 5500 · 2023

Digi-Key Corporation 401(k) Plan

Data updated 2026-08-11

$444M
Total assets
4,036
Participants
97th
Percentile by assets
$109,961
Avg per participant
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Official DOL plan name: Digi-Key Corporation 401(k) Profit Sharing Plan · Sponsored by Digi-Key Corporation · Minnesota · Wholesale Trade

$444M in assets, 4,036 participants

Digi-Key Corporation's Digi-Key Corporation 401(k) Profit Sharing Plan reported $444M in total assets and 4,036 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)
  • #6,198 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Digi-Key Corporation 401(k) Profit Sharing Plan covers 4,036 participants in Minnesota, 3.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $444M.

$444M
total plan assets (2023 EOY)
4,036
covered participants
97th
percentile by assets (of 127,072 plans)
$109,961
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Digi-Key Corporation 401(k) Profit Sharing Plan reported net income rose from -$45M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Digi-Key Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $372M in the plan year 2022 filing to $444M in the plan year 2023 filing.
  • Digi-Key Corporation 401(k) Profit Sharing Plan reported participants fell from 4,252 in the plan year 2022 filing to 4,036 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. Digi-Key Corporation 401(k) Profit Sharing Plan reports 4,036 participants - 3.6x that state average ($444M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$372M
Net Assets (End of Year)$444M
Net Income$71M
Employer EIN411234968
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Digi-Key Corporation)

$350M$400M$450M$500M$550M 202220232024 $372M $491M ▲ +31.8%
Total plan assets by year, all Digi-Key Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,252 $372M
2023 1 4,036 $444M
2024 1 3,993 $491M

Nearby 401(k) Plans in Minnesota

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

Digi-Key Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Digi-Key Corporation 401(k) 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 Digi-Key Corporation…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Digi-Key Corporation 401(k) Profit Sharing 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 Digi-Key Corporation 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Digi-Key Corporation 401(k) Profit Sharing Plan assets move in 2023?
Digi-Key Corporation 401(k) Profit Sharing Plan grew sharply - up 19.2% during 2023, from $372M to $444M. Reported net income was $71M.
How have Digi-Key Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Digi-Key Corporation's sponsor-wide assets grew 31.8%, from $372M to $491M.
Where does Digi-Key Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Digi-Key Corporation 401(k) Profit Sharing 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 Digi-Key Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Huntington Ingalls Industries Financial Security and Savings Program in VA ($444M, 9,192 participants).

Next read for Digi-Key Corporation 401(k) Profit Shari…

Filing takeaways

Ways to act on Digi-Key Corporation 401(k) Profit Sharing Plan's numbers.

  • By total assets, Digi-Key Corporation 401(k) Profit Sharing 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
  • Digi-Key Corporation's sponsor-wide assets have grown 31.8% since 2022 across 3 plan years on file. More Wholesale Trade plans