401(k) · DOL Form 5500 · 2023

Aerospace Welding Minneapolis, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
136
Participants Small participant base
42nd
Percentile by assets National rank
$31,627
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan · Sponsored by Aerospace Welding Minneapolis, Inc. · Minnesota · Manufacturing

$4M in assets, 136 participants

Aerospace Welding Minneapolis, Inc.'s Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported $4M in total assets and 136 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,624 in Manufacturing (18,722 peers)

Coverage in Minnesota

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan covers 136 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $4M.

#4,624
in Manufacturing (18,722 peers)
+37.0%
assets growth YoY

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan vs every filed plan by assets

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

$4,301,316 42nd percentile higher than 42% 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

Aerospace Welding Minneapolis, Inc. 401 (K) 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. Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported net income rose from $224K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported participants rose from 128 in the plan year 2022 filing to 136 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411727771 · Aerospace Welding Minneapolis, Inc. PY 2023 · 401(k)

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan · $4M · 136 · 42nd

  • PCT $4M
  • PCT 136
  • PCT 42nd
  • PCT 401(k)
  • PCT near Robert D. Agnoletti, D.D.S., Inc. 401(k) Profit Sharing Plan
  • PCT ind #4624

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 →

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan in the asset neighbourhood

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing PlanAerospace Welding Minneapoli…$4MRobert D. Agnoletti, D.D.S., Inc. 401(k) Profit Sharing PlanRobert D. Agnoletti, D.D.S.,…$4MAwss 401(k) Retirement Plan$4MLeostella, LLC 401(k) Plan$4MVendors Supply, Inc. Profit Sharing PlanVendors Supply, Inc. Profit …$4M
End-of-year total assets ($M) among Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN411727771
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aerospace Welding Minneapolis, Inc.)

Sponsor-wide plan assets over time

All Aerospace Welding Minneapolis, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 82.29485405688504% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $3.14M $5.72M ▲ +82.2%
Year Plans Participants Total Assets
2022 1 128 $3M
2023 1 136 $4M
2024 1 153 $6M

Nearby 401(k) Plans in Minnesota

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

Aerospace Welding Minneapolis, Inc. 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 ($B) Participants Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan, Total assets ($B): 0.004301316 · Participants: 136Aerospace Welding Minneapolis, Inc. 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
Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan side-by-side with 3 peers →

Aerospace Welding Minneapolis, Inc. 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 Robert D. Agnoletti, D.D.S., Inc. 401(k) Profit Sharing Plan in CA ($4M); by covered participants it is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan assets move in 2023? ▼
Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan surged - up 37.0% during 2023, from $3M to $4M. Reported net income was $1M.
How have Aerospace Welding Minneapolis, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aerospace Welding Minneapolis, Inc.'s sponsor-wide assets grew 82.3%, from $3M to $6M.
Which 401(k) plans are similar in size to Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Robert D. Agnoletti, D.D.S., Inc. 401(k) Profit Sharing Plan in CA ($4M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Testout Corporation Safe Harbor 401(k) Plan in UT (136 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 411727771.

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.