401(k) · DOL Form 5500 · 2023

Olsen Thielen & Co., Ltd 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
109
Participants Small participant base
85th
Percentile by assets National rank
$426,358
Avg per participant High balance/head
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Official DOL plan name: Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan · Sponsored by Olsen Thielen & Co., Ltd · Minnesota · Professional & Technical Services

$46M in assets, 109 participants

Olsen Thielen & Co., Ltd's Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan reported $46M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #17,445 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan covers 109 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $46M.

#17,445
in Professional & Technical Services (20,321 peers)
+22.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan's outsized position by total assets

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan vs every filed plan by assets

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

$46,473,071 Top 15% higher than 85% 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

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings 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. Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan reported net income rose from $4M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan end-of-year assets rose from $38M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan reported participants rose from 91 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411360831 · Olsen Thielen & Co., Ltd PY 2023 · 401(k)

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan · $46M · 109 · 85th

  • EBSA $46M
  • PART 109
  • TYPE 85th
  • NET 401(k)
  • BOOK near Hospitality Industry 401(k) Plan
  • VS-ST ind #17445

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan in the asset neighbourhood

Sanders Brothers Construction Company, Inc. 401(k) Profit Sharing PlanSanders Brothers Constructio…$46MThe Hartz Mountain Corporation 401(k) PlanThe Hartz Mountain Corporati…$46MOrthopaedic Associates of Wisconsin, S. C. Profit Sharing PlanOrthopaedic Associates of Wi…$46MOlsen Thielen & Co., Ltd Profit Sharing & Employee Savings PlanOlsen Thielen & Co., Ltd Pro…$46MHospitality Industry 401(k) PlanHospitality Industry 401(k) …$46M
End-of-year total assets ($M) among Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$46M
Net Income$8M
Employer EIN411360831
Plan Effective Date1983-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olsen Thielen & Co., Ltd)

Sponsor-wide plan assets over time

All Olsen Thielen & Co., Ltd plans reported in each filing year

Latest sponsor-wide plan assets
$47M 24.26043564061954% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $38M $47.2M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 91 $38M
2023 1 109 $46M
2024 1 112 $47M

Nearby 401(k) Plans in Minnesota

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

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan, Total assets ($B): 0.046473071 · Participants: 109Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings 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
Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan side-by-side with 3 peers →

Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Hospitality Industry 401(k) Plan in MD ($46M); by covered participants it is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan assets move in 2023? ▼
Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan grew sharply - up 22.4% during 2023, from $38M to $46M. Reported net income was $8M.
How have Olsen Thielen & Co., Ltd plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Olsen Thielen & Co., Ltd's sponsor-wide assets grew 24.3%, from $38M to $47M.
Where does Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan rank by assets among Form 5500 filers? ▼
Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hospitality Industry 401(k) Plan in MD ($46M, 5,291 participants).
Which 401(k) plans cover a similar participant headcount to Olsen Thielen & Co., Ltd Profit Sharing & Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmanis & Monsalve Associates Profit Sharing Plan in MD (109 participants, $7M 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 411360831.

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.