401(k) · DOL Form 5500 · 2023

Nico Products, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
228
Participants Below avg headcount
65th
Percentile by assets National rank
$59,040
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Lindgren Group 401(k) Plan · Sponsored by Nico Products, Inc. · Minnesota · Manufacturing

$13M in assets, 228 participants

Nico Products, Inc.'s The Lindgren Group 401(k) Plan reported $13M in total assets and 228 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,881 in Manufacturing (18,722 peers)

Coverage in Minnesota

The Lindgren Group 401(k) Plan covers 228 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#9,881
in Manufacturing (18,722 peers)
+21.9%
assets growth YoY

The Lindgren Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Lindgren Group 401(k) Plan vs every filed plan by assets

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

$13,461,088 Top 35% higher than 65% 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

The Lindgren Group 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. The Lindgren Group 401(k) Plan sits mid-pack in the medium band (228 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Lindgren Group 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Lindgren Group 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • The Lindgren Group 401(k) Plan reported participants fell from 243 in the plan year 2022 filing to 228 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410969727 · Nico Products, Inc. PY 2023 · 401(k)

The Lindgren Group 401(k) Plan · $13M · 228 · 65th

  • ASSETS $13M
  • PCT 228
  • EIN 65th
  • RANK 401(k)
  • PHOTO near Electronic Vision Systems Retirement Plan
  • IND ind #9881

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 →

The Lindgren Group 401(k) Plan in the asset neighbourhood

The Lindgren Group 401(k) PlanThe Lindgren Group 401(k) Pl…$13MElectronic Vision Systems Retirement PlanElectronic Vision Systems Re…$13MDonald B. Rice Tire Company, Inc. 401(k) PlanDonald B. Rice Tire Company,…$13MPediatric Medical Services of Florida, Inc 401(k) PlanPediatric Medical Services o…$13MAcuity Eye Group 401(k) Plan$13M
End-of-year total assets ($M) among The Lindgren Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN410969727
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nico Products, Inc.)

Sponsor-wide plan assets over time

All Nico Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 38.94830269818693% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.1M $15.4M ▲ +38.9%
Year Plans Participants Total Assets
2022 1 243 $11M
2023 1 228 $13M
2024 1 221 $15M

Nearby 401(k) Plans in Minnesota

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

The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Lindgren Group 401(k) Plan, Total assets ($B): 0.013461088 · Participants: 228The Lindgren Group 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
The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Lindgren Group 401(k) Plan side-by-side with 3 peers →

The Lindgren Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Electronic Vision Systems Retirement Plan in NJ ($13M); by covered participants it is Cam Properties 401(k) Plan in AZ (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 The Lindgren Group 401(k) Plan assets move in 2023? ▼
The Lindgren Group 401(k) Plan grew sharply - up 21.9% during 2023, from $11M to $13M. Reported net income was $2M.
How have Nico Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nico Products, Inc.'s sponsor-wide assets grew 38.9%, from $11M to $15M.
Which 401(k) plans are similar in size to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Electronic Vision Systems Retirement Plan in NJ ($13M, 245 participants).
Which 401(k) plans cover a similar participant headcount to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cam Properties 401(k) Plan in AZ (228 participants, $2M 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 410969727.

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.