401(k) · DOL Form 5500 · 2023

Scott Equipment Co. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
104
Participants Small participant base
74th
Percentile by assets National rank
$207,848
Avg per participant Above avg balance/head
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Official DOL plan name: Scott Equipment Company Employees 401(k) Profit Sharing Plan · Sponsored by Scott Equipment Co. · Minnesota · Manufacturing

$22M in assets, 104 participants

Scott Equipment Co.'s Scott Equipment Company Employees 401(k) Profit Sharing Plan reported $22M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,030 in Manufacturing (18,722 peers)

Coverage in Minnesota

Scott Equipment Company Employees 401(k) Profit Sharing Plan covers 104 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.

#12,030
in Manufacturing (18,722 peers)
+19.6%
assets growth YoY

Scott Equipment Company Employees 401(k) Profit Sharing Plan's outsized position by total assets

Scott Equipment Company Employees 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,616,193 Top 26% higher than 74% 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

Scott Equipment Company Employees 401(k) Profit Sharing 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. Scott Equipment Company Employees 401(k) Profit Sharing Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Scott Equipment Company Employees 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Scott Equipment Company Employees 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Scott Equipment Company Employees 401(k) Profit Sharing Plan reported participants rose from 93 in the plan year 2022 filing to 104 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410904660 · Scott Equipment Co. PY 2023 · 401(k)

Scott Equipment Company Employees 401(k) Profit Sharing Plan · $22M · 104 · 74th

  • EOY $22M
  • EOY 104
  • EOY 74th
  • EOY 401(k)
  • EOY near Baffetto, Inc. 401(k) Plan and Trust
  • EOY ind #12030

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 →

Scott Equipment Company Employees 401(k) Profit Sharing Plan in the asset neighbourhood

Scott Equipment Company Employees 401(k) Profit Sharing PlanScott Equipment Company Empl…$22MAssyst 401(k) Plan$22MBaffetto, Inc. 401(k) Plan and TrustBaffetto, Inc. 401(k) Plan a…$22MCanoo Inc. 401(k) Plan$22MToa (USA) 401(k) Plan$22M
End-of-year total assets ($M) among Scott Equipment Company Employees 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN410904660
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scott Equipment Co.)

Sponsor-wide plan assets over time

All Scott Equipment Co. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 64.41052461168923% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $18.1M $29.7M ▲ +64.5%
Year Plans Participants Total Assets
2022 1 93 $18M
2023 1 104 $22M
2024 2 284 $30M

Nearby 401(k) Plans in Minnesota

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

Scott Equipment Company Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Scott Equipment Company Employees 401(k) Profit Sharing Plan, Total assets ($B): 0.021616193 · Participants: 104Scott Equipment Company Employees 401(k) Profit Sharing 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
Scott Equipment Company Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Scott Equipment Company Employees 401(k) Profit Sharing Plan side-by-side with 3 peers →

Scott Equipment Company Employees 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Baffetto, Inc. 401(k) Plan and Trust in WA ($22M); by covered participants it is Penn Automotive, Inc. 401(k) Plan in MI (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Scott Equipment Company Employees 401(k) Profit Sharing Plan assets move in 2023? ▼
Scott Equipment Company Employees 401(k) Profit Sharing Plan grew sharply - up 19.6% during 2023, from $18M to $22M. Reported net income was $4M.
How have Scott Equipment Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scott Equipment Co.'s sponsor-wide assets grew 64.4%, from $18M to $30M.
Which 401(k) plans are similar in size to Scott Equipment Company Employees 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Baffetto, Inc. 401(k) Plan and Trust in WA ($22M, 629 participants).
Which 401(k) plans cover a similar participant headcount to Scott Equipment Company Employees 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Automotive, Inc. 401(k) Plan in MI (104 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 410904660.

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.