401(k) · DOL Form 5500 · 2023

Midwest Pipe Coating, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
93
Participants Small participant base
58th
Percentile by assets National rank
$104,945
Avg per participant Below avg balance/head
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Official DOL plan name: Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust · Sponsored by Midwest Pipe Coating, Inc. · Minnesota · Manufacturing

$10M in assets, 93 participants

Midwest Pipe Coating, Inc.'s Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust reported $10M in total assets and 93 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,265 in Manufacturing (18,722 peers)

What the 2023 filing shows

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust holds $10M for 93 participants - about $104,945 per participant, above the median plan by assets.

#8,265
in Manufacturing (18,722 peers)
-2.4%
assets change YoY

The plan reported a net loss of $236K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust vs every filed plan by assets

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

$9,759,897 Top 42% higher than 58% 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

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to -$236K in the plan year 2023 filing.
  • Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust reported participants rose from 81 in the plan year 2022 filing to 93 in the plan year 2023 filing.
  • Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust end-of-year assets fell from $10M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410853721 · Midwest Pipe Coating, Inc. PY 2023 · 401(k)

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust · $10M · 93 · 58th

  • VS-ST $10M
  • BOY 93
  • SCH 58th
  • EBSA 401(k)
  • PART near Asset Risk Management, LLC Retirement Savings Plan
  • TYPE ind #8265

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 →

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust in the asset neighbourhood

Midwest Pipe Coating, Inc. 401(k) Savings Plan and TrustMidwest Pipe Coating, Inc. 4…$10MAsset Risk Management, LLC Retirement Savings PlanAsset Risk Management, LLC R…$10MLee Hy Construction LLC 401(k) PlanLee Hy Construction LLC 401(…$10MCascade Financial Services 401(k) PlanCascade Financial Services 4…$10MT.C.T. 401(k) Profit Sharing PlanT.C.T. 401(k) Profit Sharing…$10M
End-of-year total assets ($M) among Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income-$236K
Employer EIN410853721
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Pipe Coating, Inc.)

Sponsor-wide plan assets over time

All Midwest Pipe Coating, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 2.365022220194808% vs 2022
2023 filing year
$9.7M$9.8M$9.9M$10M$10.1M 20222023 $10M $9.76M ▼ -2.4%
Year Plans Participants Total Assets
2022 1 81 $10M
2023 1 93 $10M

Nearby 401(k) Plans in Minnesota

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

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust, Total assets ($B): 0.009759897 · Participants: 93Midwest Pipe Coating, Inc. 401(k) Savings 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
Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Asset Risk Management, LLC Retirement Savings Plan in TX ($10M); by covered participants it is Bchh Inc 401(k) Profit Sharing Plan & Trust in PA (93 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (93 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 Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust assets move in 2023?
Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust edged down modestly - down 2.4% during 2023, from $10M to $10M. Reported net income was -$236K.
How have Midwest Pipe Coating, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Midwest Pipe Coating, Inc.'s sponsor-wide assets declined 2.4%, from $10M to $10M.
Which 401(k) plans are similar in size to Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Asset Risk Management, LLC Retirement Savings Plan in TX ($10M, 78 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Pipe Coating, Inc. 401(k) Savings Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Bchh Inc 401(k) Profit Sharing Plan & Trust in PA (93 participants, N/A in assets).