401(k) · DOL Form 5500 · 2023

Turck Inc. 401(k) Plan

Data updated 2026-08-11

$111M
Total assets: 695
Participants: 92nd
Percentile by assets: $159,931
Avg per participant

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.

92nd percentile by assets (of 127,072 plans)
#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.

$111M
total plan assets (2023 EOY): 695
covered participants: 92nd
percentile by assets (of 127,072 plans): $159,931
avg assets per participant

Where Turck Inc. Employee Savings and Profit Sharing Plan sits 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

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 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 →

State

Minnesota

Industry

Manufacturing

Turck Inc. Employee Savings and Profit Sharing Plan vs the 2023 asset distribution

By assets, Turck Inc. Employee Savings and Profit Sharing Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$101M
Net Assets (End of Year)	$111M
Net Income	$10M
Employer EIN	411263309
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Turck Inc.)

Total plan assets by year, all Turck Inc. plans on file

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

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Turck Inc. Employee Savings and Profit S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Turck Inc. Employee Savings and Profit Sharing Plan by total assets, not by location.

Savers 401(k) Plan (WA) $111M · 11,000
Wright-Patt Credit Union, Inc. 401(k) Plan and Trust (OH) $111M · 1,291
Wa/Df Conglomerate 401(k)/Profit Sharing Plan (OR) $111M · 2,648
Ruiz Food Products, Inc. 401(k) Profit Sharing Plan (TX) $111M · 1,831

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).

Next read for Turck Inc. Employee Savings and Profit S…

Scale reading

Ways to act on Turck Inc. Employee Savings and Profit Sharing Plan's numbers.

By total assets, Turck Inc. Employee Savings and Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Turck Inc.'s sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Manufacturing plans

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.