401(k) · DOL Form 5500 · 2023

Best & Flanagan LLP 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
65
Participants Small participant base
88th
Percentile by assets National rank
$961,235
Avg per participant High balance/head
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Official DOL plan name: Best & Flanagan LLP 401(k) Profit Sharing Plan · Sponsored by Best & Flanagan LLP · Minnesota · Professional & Technical Services

$62M in assets, 65 participants

Best & Flanagan LLP's Best & Flanagan LLP 401(k) Profit Sharing Plan reported $62M in total assets and 65 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #18,059 in Professional & Technical Services (20,321 peers)

Where Best & Flanagan LLP 401(k) Profit Sharing Plan sits by assets

Best & Flanagan LLP 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $62M for 65 participants (~$961,235/participant), up 16.5% in 2023.

#18,059
in Professional & Technical Services (20,321 peers)
+16.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Best & Flanagan LLP 401(k) Profit Sharing Plan's outsized position by total assets

Best & Flanagan LLP 401(k) Profit Sharing Plan vs every filed plan by assets

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

$62,480,257 Top 12% higher than 88% 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

Best & Flanagan LLP 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Best & Flanagan LLP 401(k) Profit Sharing Plan is a small filing (65 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Best & Flanagan LLP 401(k) Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Best & Flanagan LLP 401(k) Profit Sharing Plan end-of-year assets rose from $54M in the plan year 2022 filing to $62M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410150277 · Best & Flanagan LLP PY 2023 · 401(k)

Best & Flanagan LLP 401(k) Profit Sharing Plan · $62M · 65 · 88th

  • EBSA $62M
  • EBSA 65
  • EBSA 88th
  • EBSA 401(k)
  • EBSA near Ncta 401(k) Plan
  • EBSA ind #18059

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Best & Flanagan LLP 401(k) Profit Sharing Plan in the asset neighbourhood

Beacon Residential Management Limited Partnership 401(k) Retirement Savings PlanBeacon Residential Managemen…$62MBest & Flanagan LLP 401(k) Profit Sharing PlanBest & Flanagan LLP 401(k) P…$62MNcta 401(k) Plan$62MEpi-Use America Inc. 401(k) Profit Sharing PlanEpi-Use America Inc. 401(k) …$62MBelting Company of Cincinnati, Inc. Retirement Savings PlanBelting Company of Cincinnat…$62M
End-of-year total assets ($M) among Best & Flanagan LLP 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$62M
Net Income$9M
Employer EIN410150277
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Best & Flanagan LLP)

Sponsor-wide plan assets over time

All Best & Flanagan LLP plans reported in each filing year

Latest sponsor-wide plan assets
$69M 28.153233308953716% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $53.6M $68.7M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 65 $54M
2023 1 65 $62M
2024 1 82 $69M

Nearby 401(k) Plans in Minnesota

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

Best & Flanagan LLP 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 ($B) Participants Best & Flanagan LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.062480257 · Participants: 65Best & Flanagan LLP 401(k) 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
Best & Flanagan LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Best & Flanagan LLP 401(k) Profit Sharing Plan side-by-side with 3 peers →

Best & Flanagan LLP 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ncta 401(k) Plan in DC ($62M); by covered participants it is General Insurance Services, Inc. 401(k) Plan in IN (65 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (65 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 Best & Flanagan LLP 401(k) Profit Sharing Plan assets move in 2023? ▼
Best & Flanagan LLP 401(k) Profit Sharing Plan grew sharply - up 16.5% during 2023, from $54M to $62M. Reported net income was $9M.
How have Best & Flanagan LLP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Best & Flanagan LLP's sponsor-wide assets grew 28.2%, from $54M to $69M.
Where does Best & Flanagan LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Best & Flanagan LLP 401(k) Profit Sharing Plan ranks in the 88th 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 Best & Flanagan LLP 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ncta 401(k) Plan in DC ($62M, 81 participants).
Which 401(k) plans cover a similar participant headcount to Best & Flanagan LLP 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is General Insurance Services, Inc. 401(k) Plan in IN (65 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 410150277.

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.