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
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.
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 EIN | 411234968 |
| Plan Effective Date | 1989-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Digi-Key Corporation)
| 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
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
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.
- Huntington Ingalls Industries Financial Security and Savings Program (VA) $444M · 9,192
- Ncci Holdings, Inc. 401(k) Savings Plan (FL) $443M · 856
- Schenker, Inc. 401(k) Savings and Investment Plan (VA) $444M · 7,212
- Amcor Rigid Packaging Savings and Investment Plan (MI) $445M · 3,298
Frequently Asked Questions
How did Digi-Key Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
How have Digi-Key Corporation plan assets changed over time? ▼
Where does Digi-Key Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
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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