Profit Sharing · DOL Form 5500 · 2023

Minnesota Metal Fabrication Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
27th
Percentile by assets National rank
$178,890
Avg per participant Above avg balance/head
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Official DOL plan name: Minnesota Metal Fabrication Inc. Retirement Plan · Sponsored by Minnesota Metal Fabrication Inc. · Minnesota · Manufacturing

$1M in assets, 8 participants

Minnesota Metal Fabrication Inc.'s Minnesota Metal Fabrication Inc. Retirement Plan reported $1M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,323 in Manufacturing (18,722 peers)

Minnesota Metal Fabrication Inc. multi-year trail

Minnesota Metal Fabrication Inc.'s plans moved -40.0% in assets from 2022 to 2023; this filing shows Minnesota Metal Fabrication Inc. Retirement Plan at $1M / 8 participants.

#2,323
in Manufacturing (18,722 peers)
-40.0%
assets change YoY

The plan reported a net loss of $954K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minnesota Metal Fabrication Inc. Retirement Plan among the smaller filed plans by assets

Minnesota Metal Fabrication Inc. Retirement Plan vs every filed plan by assets

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

$1,431,119 27th percentile higher than 27% 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

Minnesota Metal Fabrication Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Metal Fabrication Inc. Retirement Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Metal Fabrication Inc. Retirement Plan reported net income fell from $2M in the plan year 2022 filing to -$954K in the plan year 2023 filing.
  • Minnesota Metal Fabrication Inc. Retirement Plan end-of-year assets fell from $2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Minnesota Metal Fabrication Inc. Retirement Plan reported participants fell from 9 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 821594432 · Minnesota Metal Fabrication Inc. PY 2023 · Profit Sharing

Minnesota Metal Fabrication Inc. Retirement Plan · $1M · 8 · 27th

  • EIN $1M
  • RANK 8
  • PHOTO 27th
  • IND Profit Sharing
  • EOY near Fintech Management Corp. Retirement Plan
  • 5500 ind #2323

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 →

Minnesota Metal Fabrication Inc. Retirement Plan in the asset neighbourhood

Minnesota Metal Fabrication Inc. Retirement PlanMinnesota Metal Fabrication …$1MFintech Management Corp. Retirement PlanFintech Management Corp. Ret…$1MSmb International Prof Services Inc Profit Sharing Plan and TrustSmb International Prof Servi…$1MReliable Business Services, Inc. Retirement PlanReliable Business Services, …$1MGhansen Investments Retirement PlanGhansen Investments Retireme…$1M
End-of-year total assets ($M) among Minnesota Metal Fabrication Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Minnesota Metal Fabrication Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Minnesota Metal Fabrication Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 39.98942459214233% vs 2022
2023 filing year
$1M$1.5M$2M$2.5M 20222023 $2.38M $1.43M ▼ -39.9%
Year Plans Participants Total Assets
2022 1 9 $2M
2023 1 8 $1M

Minnesota Metal Fabrication Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$954K
Employer EIN821594432
Plan Effective Date2017-05-19
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Minnesota Metal Fabrication Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Minnesota Metal Fabrication Inc. Retirement Plan, Total assets ($B): 0.001431119 · Participants: 8Minnesota Metal Fabrication Inc. Retirement PlanEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Minnesota Metal Fabrication Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Minnesota Metal Fabrication Inc. Retirement Plan side-by-side with 3 peers →

Minnesota Metal Fabrication Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Fintech Management Corp. Retirement Plan in NJ ($1M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Minnesota Metal Fabrication Inc. Retirement Plan assets move in 2023? ▼
Minnesota Metal Fabrication Inc. Retirement Plan contracted severely - down 40.0% during 2023, from $2M to $1M. Reported net income was -$954K.
How have Minnesota Metal Fabrication Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Minnesota Metal Fabrication Inc.'s sponsor-wide assets declined 40.0%, from $2M to $1M.
Which Profit Sharing plans are similar in size to Minnesota Metal Fabrication Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Fintech Management Corp. Retirement Plan in NJ ($1M, 7 participants).
Which Profit Sharing plans cover a similar participant headcount to Minnesota Metal Fabrication Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $424K 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 821594432.

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.