401(k) · DOL Form 5500 · 2023

Board of Trustees, Midwest Teamsters Member 401(k) 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
2,765
Participants Above avg headcount
92nd
Percentile by assets National rank
$38,562
Avg per participant Low balance/head
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Official DOL plan name: Midwest Teamsters Member 401(k) Plan · Sponsored by Board of Trustees, Midwest Teamsters Member 401(k) · Minnesota · Finance & Insurance

$107M in assets, 2,765 participants

Board of Trustees, Midwest Teamsters Member 401(k)'s Midwest Teamsters Member 401(k) Plan reported $107M in total assets and 2,765 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,743 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Midwest Teamsters Member 401(k) Plan covers 2,765 participants in Minnesota, 2.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $107M.

#7,743
in Finance & Insurance (8,869 peers)
+12.6%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Midwest Teamsters Member 401(k) Plan's outsized position by total assets

Midwest Teamsters Member 401(k) Plan vs every filed plan by assets

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

$106,623,883 Top 8% higher than 92% 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 Teamsters Member 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Teamsters Member 401(k) Plan lands in the large band (2,765 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Teamsters Member 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Midwest Teamsters Member 401(k) Plan end-of-year assets rose from $95M in the plan year 2022 filing to $107M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410945362 · Board of Trustees, Midwest Teamsters Member 401(k) PY 2023 · 401(k)

Midwest Teamsters Member 401(k) Plan · $107M · 2,765 · 92nd

  • BOOK $107M
  • BOOK 2,765
  • BOOK 92nd
  • BOOK 401(k)
  • BOOK near Grand View Hospital 403(b) Plan
  • BOOK ind #7743

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Midwest Teamsters Member 401(k) Plan in the asset neighbourhood

Genus 401(k) Plan$107MGrand View Hospital 403(b) PlanGrand View Hospital 403(b) P…$107MHoshizaki USA Holdings, Inc. Retirement PlanHoshizaki USA Holdings, Inc.…$107MBergey's Incorporated 401(k) Profit Sharing PlanBergey's Incorporated 401(k)…$107MMidwest Teamsters Member 401(k) PlanMidwest Teamsters Member 401…$107M
End-of-year total assets ($M) among Midwest Teamsters Member 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$107M
Net Income$12M
Employer EIN410945362
Plan Effective Date1998-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Midwest Teamsters Member 401(k))

Sponsor-wide plan assets over time

All Board of Trustees, Midwest Teamsters Member 401(k) plans reported in each filing year

Latest sponsor-wide plan assets
$117M 23.191016459785217% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $94.7M $117M ▲ +23.2%
Year Plans Participants Total Assets
2022 1 2,765 $95M
2023 1 2,765 $107M
2024 1 3,170 $117M

Nearby 401(k) Plans in Minnesota

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

Midwest Teamsters Member 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Midwest Teamsters Member 401(k) Plan, Total assets ($B): 0.106623883 · Participants: 2765Midwest Teamsters Member 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
Midwest Teamsters Member 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Midwest Teamsters Member 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Grand View Hospital 403(b) Plan in PA ($107M); by covered participants it is Carrington 401(k) Plan in CA (2,765 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($107M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,765 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 Teamsters Member 401(k) Plan assets move in 2023?
Midwest Teamsters Member 401(k) Plan grew at a solid clip - up 12.6% during 2023, from $95M to $107M. Reported net income was $12M.
How have Board of Trustees, Midwest Teamsters Member 401(k) plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Midwest Teamsters Member 401(k)'s sponsor-wide assets grew 23.2%, from $95M to $117M.
Where does Midwest Teamsters Member 401(k) Plan rank by assets among Form 5500 filers?
Midwest Teamsters Member 401(k) Plan ranks in the 92nd 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 Midwest Teamsters Member 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Grand View Hospital 403(b) Plan in PA ($107M, 1,801 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Teamsters Member 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Carrington 401(k) Plan in CA (2,765 participants, $105M in assets).