401(k) · DOL Form 5500 · 2023

Grain Millers, Inc. 401(k) Plan

Data updated 2026-08-11

$72M
Total assets
679
Participants
89th
Percentile by assets
$106,744
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Grain Millers, Inc. Retirement Savings Plan · Sponsored by Grain Millers, Inc. · Minnesota · Manufacturing

$72M in assets, 679 participants

Grain Millers, Inc.'s Grain Millers, Inc. Retirement Savings Plan reported $72M in total assets and 679 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,639 in Manufacturing (18,722 peers)

Where Grain Millers, Inc. Retirement Savings Plan sits by assets

Grain Millers, Inc. Retirement Savings Plan sits in the top quartile of all filed plans by assets, $72M for 679 participants (~$106,744/participant), up 19.2% in 2023.

$72M
total plan assets (2023 EOY)
679
covered participants
89th
percentile by assets (of 127,072 plans)
$106,744
avg assets per participant

Where Grain Millers, Inc. Retirement Savings Plan sits by total assets

Grain Millers, Inc. Retirement Savings Plan vs every filed plan by assets

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

$72,478,884 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Grain Millers, Inc. Retirement Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Grain Millers, Inc. Retirement Savings Plan end-of-year assets rose from $61M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Grain Millers, Inc. Retirement Savings Plan reported participants rose from 658 in the plan year 2022 filing to 679 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Grain Millers, Inc. Retirement Savings Plan vs the 2023 asset distribution

By assets, Grain Millers, Inc. Retirement Savings Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$72M
Net Income$12M
Employer EIN911199825
Plan Effective Date1990-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grain Millers, Inc.)

$50M$60M$70M$80M$90M 202220232024 $60.8M $78.3M ▲ +28.8%
Total plan assets by year, all Grain Millers, Inc. plans on file
Year Plans Participants Total Assets
2022 1 658 $61M
2023 1 679 $72M
2024 1 691 $78M

Nearby 401(k) Plans in Minnesota

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

Grain Millers, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Grain Millers, Inc. …, Total assets ($B): 0.072478884 · Participants: 679Grain Millers, Inc. …Unitedhealth Group 4…, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 4…Medtronic Savings an…, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings an…3M Voluntary Investm…, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Sav…
Grain Millers, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Grain Millers, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Grain Millers, Inc. Retirement Savings Plan assets move in 2023?
Grain Millers, Inc. Retirement Savings Plan grew sharply - up 19.2% during 2023, from $61M to $72M. Reported net income was $12M.
How have Grain Millers, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Grain Millers, Inc.'s sponsor-wide assets grew 28.8%, from $61M to $78M.
Where does Grain Millers, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Grain Millers, Inc. Retirement Savings Plan ranks in the 89th 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 Grain Millers, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is National Insurance Crime Bureau Employee Saving Plan in IL ($72M, 388 participants).

Next read for Grain Millers, Inc. Retirement Savings P…

Scale reading

Ways to act on Grain Millers, Inc. Retirement Savings Plan's numbers.

  • By total assets, Grain Millers, Inc. Retirement Savings Plan ranks in the top quartile 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
  • Grain Millers, Inc.'s sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Manufacturing plans