401(k) · DOL Form 5500 · 2023

Twin State, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
157
Participants Small participant base
76th
Percentile by assets National rank
$157,937
Avg per participant Above avg balance/head
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Official DOL plan name: Twin State, Inc. 401(k) Plan · Sponsored by Twin State, Inc. · Iowa · Manufacturing

$25M in assets, 157 participants

Twin State, Inc.'s Twin State, Inc. 401(k) Plan reported $25M in total assets and 157 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,580 in Manufacturing (18,722 peers)

Coverage in Iowa

Twin State, Inc. 401(k) Plan covers 157 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $25M.

#12,580
in Manufacturing (18,722 peers)
+26.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Twin State, Inc. 401(k) Plan's outsized position by total assets

Twin State, Inc. 401(k) Plan vs every filed plan by assets

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

$24,796,052 Top 24% higher than 76% 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

Twin State, 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. Twin State, Inc. 401(k) Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin State, Inc. 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Twin State, Inc. 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Twin State, Inc. 401(k) Plan reported participants rose from 139 in the plan year 2022 filing to 157 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420817373 · Twin State, Inc. PY 2023 · 401(k)

Twin State, Inc. 401(k) Plan · $25M · 157 · 76th

  • TYPE $25M
  • NET 157
  • BOOK 76th
  • VS-ST 401(k)
  • BOY near Etrailer Corporation Employee Profit Sharing Plan & Trust
  • SCH ind #12580

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 Iowa →

Twin State, Inc. 401(k) Plan in the asset neighbourhood

Twin State, Inc. 401(k) Plan$25MEtrailer Corporation Employee Profit Sharing Plan & TrustEtrailer Corporation Employe…$25MMaul Foster & Alongi, Inc. 401(k) PlanMaul Foster & Alongi, Inc. 4…$25MBrowngreer, PLC 401(k) Plan$25MSilver Star Brands 401(k) PlanSilver Star Brands 401(k) Pl…$25M
End-of-year total assets ($M) among Twin State, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$25M
Net Income$5M
Employer EIN420817373
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Twin State, Inc.)

Sponsor-wide plan assets over time

All Twin State, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 54.371668483287735% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $19.6M $30.3M ▲ +54.4%
Year Plans Participants Total Assets
2022 1 139 $20M
2023 1 157 $25M
2024 1 152 $30M

Nearby 401(k) Plans in Iowa

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

Twin State, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Twin State, Inc. 401(k) Plan, Total assets ($B): 0.024796052 · Participants: 157Twin State, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Twin State, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest 401(k) by assets is Etrailer Corporation Employee Profit Sharing Plan & Trust in MO ($25M); by covered participants it is Atticus Bakery, LLC 401(k) Profit Sharing Plan in CT (157 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Twin State, Inc. 401(k) Plan assets move in 2023?
Twin State, Inc. 401(k) Plan grew sharply - up 26.5% during 2023, from $20M to $25M. Reported net income was $5M.
How have Twin State, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Twin State, Inc.'s sponsor-wide assets grew 54.4%, from $20M to $30M.
Where does Twin State, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Twin State, Inc. 401(k) Plan ranks in the 76th 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 Twin State, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Etrailer Corporation Employee Profit Sharing Plan & Trust in MO ($25M, 370 participants).
Which 401(k) plans cover a similar participant headcount to Twin State, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Atticus Bakery, LLC 401(k) Profit Sharing Plan in CT (157 participants, $3M in assets).