401(k) · DOL Form 5500 · 2023

Driessen Water, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
262
Participants Below avg headcount
64th
Percentile by assets National rank
$50,125
Avg per participant Low balance/head
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Official DOL plan name: Driessen Water, Inc. 401(k) Plan · Sponsored by Driessen Water, Inc. · Minnesota · Retail Trade

$13M in assets, 262 participants

Driessen Water, Inc.'s Driessen Water, Inc. 401(k) Plan reported $13M in total assets and 262 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,319 in Retail Trade (8,414 peers)

Coverage in Minnesota

Driessen Water, Inc. 401(k) Plan covers 262 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#6,319
in Retail Trade (8,414 peers)
+19.2%
assets growth YoY

Driessen Water, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Driessen Water, Inc. 401(k) Plan vs every filed plan by assets

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

$13,132,734 Top 36% higher than 64% 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

Driessen Water, Inc. 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. Driessen Water, Inc. 401(k) Plan sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Driessen Water, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Driessen Water, Inc. 401(k) Plan reported participants fell from 345 in the plan year 2022 filing to 262 in the plan year 2023 filing.
  • Driessen Water, Inc. 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410849770 · Driessen Water, Inc. PY 2023 · 401(k)

Driessen Water, Inc. 401(k) Plan · $13M · 262 · 64th

  • SCH $13M
  • EBSA 262
  • PART 64th
  • TYPE 401(k)
  • NET near Zefr 401(k) Plan
  • BOOK ind #6319

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 Retail Trade retirement plans → · Plans in Minnesota →

Driessen Water, Inc. 401(k) Plan in the asset neighbourhood

Driessen Water, Inc. 401(k) PlanDriessen Water, Inc. 401(k) …$13MZefr 401(k) Plan$13MSudenga Industries Inc Employees Savings and Retirement PlanSudenga Industries Inc Emplo…$13MKls Government Services, LLC 401(k) Profit Sharing PlanKls Government Services, LLC…$13MEnterprise Select Premier Pooled Employer PlanEnterprise Select Premier Po…$13M
End-of-year total assets ($M) among Driessen Water, Inc. 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 EIN410849770
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Driessen Water, Inc.)

Sponsor-wide plan assets over time

All Driessen Water, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 19.20886482413999% vs 2022
2023 filing year
$10M$11M$12M$13M$14M 20222023 $11M $13.1M ▲ +19.1%
Year Plans Participants Total Assets
2022 1 345 $11M
2023 1 262 $13M

Nearby 401(k) Plans in Minnesota

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

Driessen Water, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Driessen Water, Inc. 401(k) Plan, Total assets ($B): 0.013132734 · Participants: 262Driessen Water, Inc. 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
Driessen Water, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Driessen Water, Inc. 401(k) Plan side-by-side with 3 peers →

Driessen Water, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Zefr 401(k) Plan in CA ($13M); by covered participants it is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Driessen Water, Inc. 401(k) Plan assets move in 2023? ▼
Driessen Water, Inc. 401(k) Plan grew sharply - up 19.2% during 2023, from $11M to $13M. Reported net income was $2M.
How have Driessen Water, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Driessen Water, Inc.'s sponsor-wide assets grew 19.2%, from $11M to $13M.
Which 401(k) plans are similar in size to Driessen Water, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Zefr 401(k) Plan in CA ($13M, 176 participants).
Which 401(k) plans cover a similar participant headcount to Driessen Water, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 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 410849770.

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.