401(k) · DOL Form 5500 · 2023

Transport Labor Contract/ Leasing, Inc. 401(k) Plan

Data updated 2026-08-11

$85M
Total assets
4,919
Participants
90th
Percentile by assets
$17,359
Avg per participant
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Official DOL plan name: Tlc Retirement Savings Plan · Sponsored by Transport Labor Contract/ Leasing, Inc. · Minnesota · Professional & Technical Services

$85M in assets, 4,919 participants

Transport Labor Contract/ Leasing, Inc.'s Tlc Retirement Savings Plan reported $85M in total assets and 4,919 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #18,568 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Tlc Retirement Savings Plan covers 4,919 participants in Minnesota, 4.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $85M.

$85M
total plan assets (2023 EOY)
4,919
covered participants
90th
percentile by assets (of 127,072 plans)
$17,359
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tlc Retirement Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Tlc Retirement Savings Plan end-of-year assets rose from $63M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Tlc Retirement Savings Plan reported participants rose from 4,016 in the plan year 2022 filing to 4,919 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Tlc Retirement Savings Plan reports 4,919 participants - 4.4x that state average ($85M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$85M
Net Income$16M
Employer EIN450391154
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Transport Labor Contract/ Leasing, Inc.)

$40M$60M$80M$100M$120M 202220232024 $62.8M $97.7M ▲ +55.7%
Total plan assets by year, all Transport Labor Contract/ Leasing, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,016 $63M
2023 1 4,919 $85M
2024 1 5,195 $98M

Nearby 401(k) Plans in Minnesota

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

Tlc Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Tlc Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Tlc Retirement Savin…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Tlc Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tlc Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Tlc Retirement Savings Plan assets move in 2023?
Tlc Retirement Savings Plan surged - up 36.1% during 2023, from $63M to $85M. Reported net income was $16M.
How have Transport Labor Contract/ Leasing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Transport Labor Contract/ Leasing, Inc.'s sponsor-wide assets grew 55.7%, from $63M to $98M.
Where does Tlc Retirement Savings Plan rank by assets among Form 5500 filers?
Tlc Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tlc Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is American Furniture Warehouse 401(k) Plan in CO ($85M, 3,000 participants).

Filing takeaways

Ways to act on Tlc Retirement Savings Plan's numbers.