401(k) · DOL Form 5500 · 2023

Minnetronix Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
324
Participants Below avg headcount
81st
Percentile by assets National rank
$103,703
Avg per participant Below avg balance/head
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Official DOL plan name: Minnetronix Medical, Inc. 401(k) Plan and Trust · Sponsored by Minnetronix Medical, Inc. · Minnesota · Professional & Technical Services

$34M in assets, 324 participants

Minnetronix Medical, Inc.'s Minnetronix Medical, Inc. 401(k) Plan and Trust reported $34M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,538 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Minnetronix Medical, Inc. 401(k) Plan and Trust covers 324 participants in Minnesota, about 29% of the average Minnesota filer (state average ~1,126 per filing). Assets: $34M.

#16,538
in Professional & Technical Services (20,321 peers)
+12.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Minnetronix Medical, Inc. 401(k) Plan and Trust's outsized position by total assets

Minnetronix Medical, Inc. 401(k) Plan and Trust vs every filed plan by assets

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

$33,599,740 Top 19% higher than 81% 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

Minnetronix Medical, Inc. 401(k) Plan and Trust 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. Minnetronix Medical, Inc. 401(k) Plan and Trust sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnetronix Medical, Inc. 401(k) Plan and Trust reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Minnetronix Medical, Inc. 401(k) Plan and Trust end-of-year assets rose from $30M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Minnetronix Medical, Inc. 401(k) Plan and Trust reported participants rose from 311 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411828303 · Minnetronix Medical, Inc. PY 2023 · 401(k)

Minnetronix Medical, Inc. 401(k) Plan and Trust · $34M · 324 · 81st

  • PART $34M
  • TYPE 324
  • NET 81st
  • BOOK 401(k)
  • VS-ST near Trienda Holdings, LLC 401(k) Plan
  • BOY ind #16538

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Minnetronix Medical, Inc. 401(k) Plan and Trust in the asset neighbourhood

Minnetronix Medical, Inc. 401(k) Plan and TrustMinnetronix Medical, Inc. 40…$34MTrienda Holdings, LLC 401(k) PlanTrienda Holdings, LLC 401(k)…$34MTelefonica Global Solutions USA, Inc., 401(k) PlanTelefonica Global Solutions …$34MColony Tire Corporation 401(k) PlanColony Tire Corporation 401(…$34MThe Great Lakes Construction Co. and Related Companies 401(k) Retirement PlanThe Great Lakes Construction…$34M
End-of-year total assets ($M) among Minnetronix Medical, Inc. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$34M
Net Income$4M
Employer EIN411828303
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnetronix Medical, Inc.)

Sponsor-wide plan assets over time

All Minnetronix Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 15.951951222285555% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.8M $34.6M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 311 $30M
2023 1 324 $34M
2024 1 326 $35M

Nearby 401(k) Plans in Minnesota

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

Minnetronix Medical, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Minnetronix Medical, Inc. 401(k) Plan and Trust, Total assets ($B): 0.03359974 · Participants: 324Minnetronix Medical, Inc. 401(k) Plan and TrustUnitedhealth 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
Minnetronix Medical, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Minnetronix Medical, Inc. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Trienda Holdings, LLC 401(k) Plan in WI ($34M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Minnetronix Medical, Inc. 401(k) Plan and Trust assets move in 2023?
Minnetronix Medical, Inc. 401(k) Plan and Trust grew at a solid clip - up 12.7% during 2023, from $30M to $34M. Reported net income was $4M.
How have Minnetronix Medical, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnetronix Medical, Inc.'s sponsor-wide assets grew 16.0%, from $30M to $35M.
Where does Minnetronix Medical, Inc. 401(k) Plan and Trust rank by assets among Form 5500 filers?
Minnetronix Medical, Inc. 401(k) Plan and Trust ranks in the 81st 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 Minnetronix Medical, Inc. 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Trienda Holdings, LLC 401(k) Plan in WI ($34M, 460 participants).
Which 401(k) plans cover a similar participant headcount to Minnetronix Medical, Inc. 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M in assets).