401(k) · DOL Form 5500 · 2023

Superior Companies of Minnesota Inc 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
116
Participants Small participant base
62nd
Percentile by assets National rank
$101,933
Avg per participant Below avg balance/head
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Official DOL plan name: Superior Mechanical 401(k) Plan · Sponsored by Superior Companies of Minnesota Inc · Minnesota · Construction

$12M in assets, 116 participants

Superior Companies of Minnesota Inc's Superior Mechanical 401(k) Plan reported $12M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #5,494 in Construction (9,030 peers)

Coverage in Minnesota

Superior Mechanical 401(k) Plan covers 116 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#5,494
in Construction (9,030 peers)
+19.3%
assets growth YoY

Superior Mechanical 401(k) Plan's mid-pack asset rank among Construction and all filers

Superior Mechanical 401(k) Plan vs every filed plan by assets

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

$11,824,195 Top 38% higher than 62% 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

Superior Mechanical 401(k) 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. Superior Mechanical 401(k) Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Superior Mechanical 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Superior Mechanical 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Superior Mechanical 401(k) Plan reported participants rose from 111 in the plan year 2022 filing to 116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411627971 · Superior Companies of Minnesota Inc PY 2023 · 401(k)

Superior Mechanical 401(k) Plan · $12M · 116 · 62nd

  • PCT $12M
  • PCT 116
  • PCT 62nd
  • PCT 401(k)
  • PCT near Carroll Distributing Company Employee Benefit Plan
  • PCT ind #5494

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 Construction retirement plans → · Plans in Minnesota →

Superior Mechanical 401(k) Plan in the asset neighbourhood

Abaco Drilling Technologies LLC 401(k) PlanAbaco Drilling Technologies …$12MSuperior Mechanical 401(k) PlanSuperior Mechanical 401(k) P…$12MCarroll Distributing Company Employee Benefit PlanCarroll Distributing Company…$12MNorwex USA Inc. 401(k) Plan$12MHmh&y 401(k) Profit Sharing PlanHmh&y 401(k) Profit Sharing …$12M
End-of-year total assets ($M) among Superior Mechanical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN411627971
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Superior Companies of Minnesota Inc)

Sponsor-wide plan assets over time

All Superior Companies of Minnesota Inc plans reported in each filing year

Latest sponsor-wide plan assets
$13M 30.64360695875625% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $9.91M $13M ▲ +30.7%
Year Plans Participants Total Assets
2022 1 111 $10M
2023 1 116 $12M
2024 1 154 $13M

Nearby 401(k) Plans in Minnesota

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

Superior Mechanical 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Superior Mechanical 401(k) Plan, Total assets ($B): 0.011824195 · Participants: 116Superior Mechanical 401(k) 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
Superior Mechanical 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Superior Mechanical 401(k) Plan side-by-side with 3 peers →

Superior Mechanical 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Carroll Distributing Company Employee Benefit Plan in FL ($12M); by covered participants it is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Superior Mechanical 401(k) Plan assets move in 2023? ▼
Superior Mechanical 401(k) Plan grew sharply - up 19.3% during 2023, from $10M to $12M. Reported net income was $2M.
How have Superior Companies of Minnesota Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Superior Companies of Minnesota Inc's sponsor-wide assets grew 30.6%, from $10M to $13M.
Which 401(k) plans are similar in size to Superior Mechanical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carroll Distributing Company Employee Benefit Plan in FL ($12M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Superior Mechanical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 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 411627971.

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.