401(k) · DOL Form 5500 · 2023

Varde Management, L.P. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
162
Participants Small participant base
86th
Percentile by assets National rank
$315,814
Avg per participant High balance/head
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Official DOL plan name: Varde Management, L.P. Retirement Savings Plan · Sponsored by Varde Management, L.P. · Minnesota · Finance & Insurance

$51M in assets, 162 participants

Varde Management, L.P.'s Varde Management, L.P. Retirement Savings Plan reported $51M in total assets and 162 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,928 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Varde Management, L.P. Retirement Savings Plan covers 162 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $51M.

#6,928
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Varde Management, L.P. Retirement Savings Plan's outsized position by total assets

Varde Management, L.P. Retirement Savings Plan vs every filed plan by assets

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

$51,161,885 Top 14% higher than 86% 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

Varde Management, L.P. Retirement Savings 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. Varde Management, L.P. Retirement Savings Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Varde Management, L.P. Retirement Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Varde Management, L.P. Retirement Savings Plan end-of-year assets rose from $42M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • Varde Management, L.P. Retirement Savings Plan reported participants fell from 179 in the plan year 2022 filing to 162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 208368769 · Varde Management, L.P. PY 2023 · 401(k)

Varde Management, L.P. Retirement Savings Plan · $51M · 162 · 86th

  • TYPE $51M
  • NET 162
  • BOOK 86th
  • VS-ST 401(k)
  • BOY near American United Life Insurance Company Agents 401(k) Plan
  • SCH ind #6928

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Varde Management, L.P. Retirement Savings Plan in the asset neighbourhood

Varde Management, L.P. Retirement Savings PlanVarde Management, L.P. Retir…$51MAmerican United Life Insurance Company Agents 401(k) PlanAmerican United Life Insuran…$51MThe Palmer-Donavin Retirement PlanThe Palmer-Donavin Retiremen…$51MLion Copolymer Geismar LLC Savings and Supplemental PlanLion Copolymer Geismar LLC S…$51MMclanahan Corporation Employee's 401(k) Retirement PlanMclanahan Corporation Employ…$51M
End-of-year total assets ($M) among Varde Management, L.P. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$51M
Net Income$9M
Employer EIN208368769
Plan Effective Date2018-03-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Varde Management, L.P.)

Sponsor-wide plan assets over time

All Varde Management, L.P. plans reported in each filing year

Latest sponsor-wide plan assets
$59M 40.04732230258002% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.3M $59.2M ▲ +40.0%
Year Plans Participants Total Assets
2022 1 179 $42M
2023 1 162 $51M
2024 1 155 $59M

Nearby 401(k) Plans in Minnesota

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

Varde Management, L.P. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Varde Management, L.P. Retirement Savings Plan, Total assets ($B): 0.051161885 · Participants: 162Varde Management, L.P. Retirement Savings 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
Varde Management, L.P. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Varde Management, L.P. Retirement Savings Plan side-by-side with 3 peers →

Varde Management, L.P. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is American United Life Insurance Company Agents 401(k) Plan in IN ($51M); by covered participants it is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 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 Varde Management, L.P. Retirement Savings Plan assets move in 2023? ▼
Varde Management, L.P. Retirement Savings Plan grew sharply - up 21.0% during 2023, from $42M to $51M. Reported net income was $9M.
How have Varde Management, L.P. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Varde Management, L.P.'s sponsor-wide assets grew 40.0%, from $42M to $59M.
Where does Varde Management, L.P. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Varde Management, L.P. Retirement Savings Plan ranks in the 86th 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 Varde Management, L.P. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is American United Life Insurance Company Agents 401(k) Plan in IN ($51M, 777 participants).
Which 401(k) plans cover a similar participant headcount to Varde Management, L.P. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 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 208368769.

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.