401(k) · DOL Form 5500 · 2023

Arkray America 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
197
Participants Below avg headcount
80th
Percentile by assets National rank
$158,198
Avg per participant Above avg balance/head
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Official DOL plan name: Arkray America, Inc. 401(k) Plan · Sponsored by Arkray America · Minnesota · Manufacturing

$31M in assets, 197 participants

Arkray America's Arkray America, Inc. 401(k) Plan reported $31M in total assets and 197 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,429 in Manufacturing (18,722 peers)

Coverage in Minnesota

Arkray America, Inc. 401(k) Plan covers 197 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $31M.

#13,429
in Manufacturing (18,722 peers)
+14.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Arkray America, Inc. 401(k) Plan's outsized position by total assets

Arkray America, Inc. 401(k) Plan vs every filed plan by assets

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

$31,164,983 Top 20% higher than 80% 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

Arkray America, Inc. 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. Arkray America, Inc. 401(k) Plan sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Arkray America, Inc. 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Arkray America, Inc. 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Arkray America, Inc. 401(k) Plan reported participants fell from 224 in the plan year 2022 filing to 197 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 204836131 · Arkray America PY 2023 · 401(k)

Arkray America, Inc. 401(k) Plan · $31M · 197 · 80th

  • EOY $31M
  • 5500 197
  • ASSETS 80th
  • PCT 401(k)
  • EIN near Prinova US LLC 401(k) Retirement Plan
  • RANK ind #13429

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 →

Arkray America, Inc. 401(k) Plan in the asset neighbourhood

Kennebunk Savings Bank 401(k) PlanKennebunk Savings Bank 401(k…$31MKowert, Hood, Munyon, Rankin & Goetzel, P.C. 401(k) PlanKowert, Hood, Munyon, Rankin…$31MArkray America, Inc. 401(k) PlanArkray America, Inc. 401(k) …$31MPrinova US LLC 401(k) Retirement PlanPrinova US LLC 401(k) Retire…$31MTanadgusix Corporation 401(k) Plan and TrustTanadgusix Corporation 401(k…$31M
End-of-year total assets ($M) among Arkray America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN204836131
Plan Effective Date1950-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Arkray America)

Sponsor-wide plan assets over time

All Arkray America plans reported in each filing year

Latest sponsor-wide plan assets
$32M 17.069806075736587% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $27.3M $32M ▲ +17.1%
Year Plans Participants Total Assets
2022 1 224 $27M
2023 1 197 $31M
2024 1 216 $32M

Nearby 401(k) Plans in Minnesota

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

Arkray America, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Arkray America, Inc. 401(k) Plan, Total assets ($B): 0.031164983 · Participants: 197Arkray America, Inc. 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
Arkray America, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Arkray America, Inc. 401(k) Plan side-by-side with 3 peers →

Arkray America, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Prinova US LLC 401(k) Retirement Plan in IL ($31M); by covered participants it is Rave 401(k) Plan in MA (197 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Arkray America, Inc. 401(k) Plan assets move in 2023? ▼
Arkray America, Inc. 401(k) Plan grew at a solid clip - up 14.2% during 2023, from $27M to $31M. Reported net income was $4M.
How have Arkray America plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Arkray America's sponsor-wide assets grew 17.1%, from $27M to $32M.
Where does Arkray America, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Arkray America, Inc. 401(k) Plan ranks in the 80th 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 Arkray America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Prinova US LLC 401(k) Retirement Plan in IL ($31M, 737 participants).
Which 401(k) plans cover a similar participant headcount to Arkray America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rave 401(k) Plan in MA (197 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 204836131.

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.