401(k) · DOL Form 5500 · 2023

Turck Inc. 401(k) Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
695
Participants Below avg headcount
92nd
Percentile by assets National rank
$159,931
Avg per participant Above avg balance/head
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Official DOL plan name: Turck Inc. Employee Savings and Profit Sharing Plan · Sponsored by Turck Inc. · Minnesota · Manufacturing

$111M in assets, 695 participants

Turck Inc.'s Turck Inc. Employee Savings and Profit Sharing Plan reported $111M in total assets and 695 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,429 in Manufacturing (18,722 peers)

Where Turck Inc. Employee Savings and Profit Sharing Plan sits by assets

Turck Inc. Employee Savings and Profit Sharing Plan sits in the top 10% of all filed plans by assets, $111M for 695 participants (~$159,931/participant), up 10.0% in 2023.

#16,429
in Manufacturing (18,722 peers)
+10.0%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Turck Inc. Employee Savings and Profit Sharing Plan's outsized position by total assets

Turck Inc. Employee Savings and Profit Sharing Plan vs every filed plan by assets

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

$111,151,785 Top 8% higher than 92% 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

Turck Inc. Employee Savings and 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. Turck Inc. Employee Savings and Profit Sharing Plan sits mid-pack in the medium band (695 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Turck Inc. Employee Savings and Profit Sharing Plan reported net income rose from -$25M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Turck Inc. Employee Savings and Profit Sharing Plan end-of-year assets rose from $101M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Turck Inc. Employee Savings and Profit Sharing Plan reported participants rose from 650 in the plan year 2022 filing to 695 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411263309 · Turck Inc. PY 2023 · 401(k)

Turck Inc. Employee Savings and Profit Sharing Plan · $111M · 695 · 92nd

  • PHOTO $111M
  • IND 695
  • EOY 92nd
  • 5500 401(k)
  • ASSETS near Savers 401(k) Plan
  • PCT ind #16429

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 →

Turck Inc. Employee Savings and Profit Sharing Plan in the asset neighbourhood

Ruiz Food Products, Inc. 401(k) Profit Sharing PlanRuiz Food Products, Inc. 401…$111MSavers 401(k) Plan$111MWa/Df Conglomerate 401(k)/Profit Sharing PlanWa/Df Conglomerate 401(k)/Pr…$111MTurck Inc. Employee Savings and Profit Sharing PlanTurck Inc. Employee Savings …$111MWright-Patt Credit Union, Inc. 401(k) Plan and TrustWright-Patt Credit Union, In…$111M
End-of-year total assets ($M) among Turck Inc. Employee Savings and 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)$101M
Net Assets (End of Year)$111M
Net Income$10M
Employer EIN411263309
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Turck Inc.)

Sponsor-wide plan assets over time

All Turck Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$116M 14.836686310087726% vs 2022
2024 filing year
$95M$100M$105M$110M$115M$120M 202220232024 $101M $116M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 650 $101M
2023 1 695 $111M
2024 1 402 $116M

Nearby 401(k) Plans in Minnesota

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

Turck Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Turck Inc. Employee Savings and Profit Sharing Plan, Total assets ($B): 0.111151785 · Participants: 695Turck Inc. Employee Savings and 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
Turck Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Turck Inc. Employee Savings and Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Savers 401(k) Plan in WA ($111M); by covered participants it is Ancira Enterprises Employee Savings Plan in TX (695 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($111M here).

Similar participant headcount

Nearest other-state filings by covered participants (695 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 Turck Inc. Employee Savings and Profit Sharing Plan assets move in 2023? ▼
Turck Inc. Employee Savings and Profit Sharing Plan grew at a solid clip - up 10.0% during 2023, from $101M to $111M. Reported net income was $10M.
How have Turck Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Turck Inc.'s sponsor-wide assets grew 14.8%, from $101M to $116M.
Where does Turck Inc. Employee Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Turck Inc. Employee Savings and Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Turck Inc. Employee Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savers 401(k) Plan in WA ($111M, 11,000 participants).
Which 401(k) plans cover a similar participant headcount to Turck Inc. Employee Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ancira Enterprises Employee Savings Plan in TX (695 participants, $50M 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 411263309.

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.