401(k) · DOL Form 5500 · 2023

Wipaire Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
194
Participants Below avg headcount
72nd
Percentile by assets National rank
$99,782
Avg per participant Below avg balance/head
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Official DOL plan name: Wipaire Inc. Profit Sharing Plan · Sponsored by Wipaire Inc. · Minnesota · Manufacturing

$19M in assets, 194 participants

Wipaire Inc.'s Wipaire Inc. Profit Sharing Plan reported $19M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,553 in Manufacturing (18,722 peers)

Coverage in Minnesota

Wipaire Inc. Profit Sharing Plan covers 194 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $19M.

#11,553
in Manufacturing (18,722 peers)
+19.9%
assets growth YoY

Wipaire Inc. Profit Sharing Plan's outsized position by total assets

Wipaire Inc. Profit Sharing Plan vs every filed plan by assets

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

$19,357,797 Top 28% higher than 72% 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

Wipaire Inc. 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. Wipaire Inc. Profit Sharing Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wipaire Inc. Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Wipaire Inc. Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Wipaire Inc. Profit Sharing Plan reported participants rose from 176 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411240896 · Wipaire Inc. PY 2023 · 401(k)

Wipaire Inc. Profit Sharing Plan · $19M · 194 · 72nd

  • PART $19M
  • TYPE 194
  • NET 72nd
  • BOOK 401(k)
  • VS-ST near Sila Solutions Group 401(k) Profit Sharing Plan
  • BOY ind #11553

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 Manufacturing retirement plans → · Plans in Minnesota →

Wipaire Inc. Profit Sharing Plan in the asset neighbourhood

Wipaire Inc. Profit Sharing PlanWipaire Inc. Profit Sharing …$19MSila Solutions Group 401(k) Profit Sharing PlanSila Solutions Group 401(k) …$19MThomas G. Gallagher, Inc. 401(k) Retirement PlanThomas G. Gallagher, Inc. 40…$19MThe Bms Enterprises 401(k) PlanThe Bms Enterprises 401(k) P…$19MBig Stone Therapies, Inc. Retirement PlanBig Stone Therapies, Inc. Re…$19M
End-of-year total assets ($M) among Wipaire Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN411240896
Plan Effective Date1978-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wipaire Inc.)

Sponsor-wide plan assets over time

All Wipaire Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 42.9685136047837% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $16.2M $23.1M ▲ +43.0%
Year Plans Participants Total Assets
2022 1 176 $16M
2023 1 194 $19M
2024 1 218 $23M

Nearby 401(k) Plans in Minnesota

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

Wipaire Inc. Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Wipaire Inc. Profit Sharing Plan, Total assets ($B): 0.019357797 · Participants: 194Wipaire Inc. 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
Wipaire Inc. Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Wipaire Inc. Profit Sharing Plan side-by-side with 3 peers →

Wipaire Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Sila Solutions Group 401(k) Profit Sharing Plan in VA ($19M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Wipaire Inc. Profit Sharing Plan assets move in 2023? ▼
Wipaire Inc. Profit Sharing Plan grew sharply - up 19.9% during 2023, from $16M to $19M. Reported net income was $3M.
How have Wipaire Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wipaire Inc.'s sponsor-wide assets grew 43.0%, from $16M to $23M.
Which 401(k) plans are similar in size to Wipaire Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sila Solutions Group 401(k) Profit Sharing Plan in VA ($19M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Wipaire Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M 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 411240896.

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.