401(k) · DOL Form 5500 · 2023

The Prophet Corporation 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
156
Participants Small participant base
58th
Percentile by assets National rank
$62,681
Avg per participant Low balance/head
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Official DOL plan name: The Prophet Corporation Tax Deferred Savings Plan & Trust · Sponsored by The Prophet Corporation · Minnesota · Wholesale Trade

$10M in assets, 156 participants

The Prophet Corporation's The Prophet Corporation Tax Deferred Savings Plan & Trust reported $10M in total assets and 156 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.

  • #3,150 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

The Prophet Corporation Tax Deferred Savings Plan & Trust covers 156 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

#3,150
in Wholesale Trade (6,309 peers)
+22.6%
assets growth YoY

The Prophet Corporation Tax Deferred Savings Plan & Trust's mid-pack asset rank among Wholesale Trade and all filers

The Prophet Corporation Tax Deferred Savings Plan & Trust vs every filed plan by assets

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

$9,778,297 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

The Prophet Corporation Tax Deferred Savings Plan & 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. The Prophet Corporation Tax Deferred Savings Plan & Trust sits mid-pack in the medium band (156 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Prophet Corporation Tax Deferred Savings Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Prophet Corporation Tax Deferred Savings Plan & Trust reported participants rose from 121 in the plan year 2022 filing to 156 in the plan year 2023 filing.
  • The Prophet Corporation Tax Deferred Savings Plan & Trust end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411362423 · The Prophet Corporation PY 2023 · 401(k)

The Prophet Corporation Tax Deferred Savings Plan & Trust · $10M · 156 · 58th

  • BOY $10M
  • BOY 156
  • BOY 58th
  • BOY 401(k)
  • BOY near Palm Beach Tan Inc. 401(k) Plan
  • BOY ind #3150

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 Wholesale Trade retirement plans → · Plans in Minnesota →

The Prophet Corporation Tax Deferred Savings Plan & Trust in the asset neighbourhood

The Prophet Corporation Tax Deferred Savings Plan & TrustThe Prophet Corporation Tax …$10MPalm Beach Tan Inc. 401(k) PlanPalm Beach Tan Inc. 401(k) P…$10MLiberty Christian School 401(k) PlanLiberty Christian School 401…$10MAlliant Systems, LLC 401(k) Retirement PlanAlliant Systems, LLC 401(k) …$10MParis Orthopedic Clinic, P.a. Employees' Profit Sharing and 401(k) PlanParis Orthopedic Clinic, P.a…$10M
End-of-year total assets ($M) among The Prophet Corporation Tax Deferred Savings Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN411362423
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Prophet Corporation)

Sponsor-wide plan assets over time

All The Prophet Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11M 33.6201862572048% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.98M $10.7M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 121 $8M
2023 1 156 $10M
2024 1 157 $11M

Nearby 401(k) Plans in Minnesota

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

The Prophet Corporation Tax Deferred Savings Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Prophet Corporation Tax Deferred Savings Plan & Trust, Total assets ($B): 0.009778297 · Participants: 156The Prophet Corporation Tax Deferred Savings Plan & 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
The Prophet Corporation Tax Deferred Savings Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

The Prophet Corporation Tax Deferred Savings Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Palm Beach Tan Inc. 401(k) Plan in TX ($10M); by covered participants it is Motivating Graphics 401(k) Retirement Plan in TX (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 Prophet Corporation Tax Deferred Savings Plan & Trust assets move in 2023?
The Prophet Corporation Tax Deferred Savings Plan & Trust grew sharply - up 22.6% during 2023, from $8M to $10M. Reported net income was $2M.
How have The Prophet Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Prophet Corporation's sponsor-wide assets grew 33.6%, from $8M to $11M.
Which 401(k) plans are similar in size to The Prophet Corporation Tax Deferred Savings Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Palm Beach Tan Inc. 401(k) Plan in TX ($10M, 412 participants).
Which 401(k) plans cover a similar participant headcount to The Prophet Corporation Tax Deferred Savings Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Motivating Graphics 401(k) Retirement Plan in TX (156 participants, $1M in assets).