401(k) · DOL Form 5500 · 2023

Plato Woodwork, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
151
Participants Small participant base
76th
Percentile by assets National rank
$165,367
Avg per participant Above avg balance/head
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Official DOL plan name: Plato Woodwork, Inc. Profit Sharing Plan & Trust · Sponsored by Plato Woodwork, Inc. · Minnesota · Manufacturing

$25M in assets, 151 participants

Plato Woodwork, Inc.'s Plato Woodwork, Inc. Profit Sharing Plan & Trust reported $25M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,617 in Manufacturing (18,722 peers)

Coverage in Minnesota

Plato Woodwork, Inc. Profit Sharing Plan & Trust covers 151 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#12,617
in Manufacturing (18,722 peers)
+14.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Plato Woodwork, Inc. Profit Sharing Plan & Trust's outsized position by total assets

Plato Woodwork, Inc. Profit Sharing Plan & Trust vs every filed plan by assets

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

$24,970,390 Top 24% higher than 76% 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

Plato Woodwork, Inc. Profit Sharing Plan & Trust 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. Plato Woodwork, Inc. Profit Sharing Plan & Trust sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plato Woodwork, Inc. Profit Sharing Plan & Trust reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Plato Woodwork, Inc. Profit Sharing Plan & Trust end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Plato Woodwork, Inc. Profit Sharing Plan & Trust reported participants rose from 149 in the plan year 2022 filing to 151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411240351 · Plato Woodwork, Inc. PY 2023 · 401(k)

Plato Woodwork, Inc. Profit Sharing Plan & Trust · $25M · 151 · 76th

  • NET $25M
  • NET 151
  • NET 76th
  • NET 401(k)
  • NET near Tanner LLC Retirement Plan
  • NET ind #12617

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 →

Plato Woodwork, Inc. Profit Sharing Plan & Trust in the asset neighbourhood

Plato Woodwork, Inc. Profit Sharing Plan & TrustPlato Woodwork, Inc. Profit …$25MTanner LLC Retirement Plan$25MGreen Dot Public Schools 401(k) PlanGreen Dot Public Schools 401…$25MWalker Medical Diagnostics, LLC 401(k) Profit Sharing PlanWalker Medical Diagnostics, …$25MAbb Puerto Rico Coda Profit Sharing PlanAbb Puerto Rico Coda Profit …$25M
End-of-year total assets ($M) among Plato Woodwork, Inc. Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN411240351
Plan Effective Date1975-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plato Woodwork, Inc.)

Sponsor-wide plan assets over time

All Plato Woodwork, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 14.779394630036503% vs 2022
2024 filing year
$21M$22M$23M$24M$25M$26M 202220232024 $21.8M $25.1M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 149 $22M
2023 1 151 $25M
2024 1 152 $25M

Nearby 401(k) Plans in Minnesota

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

Plato Woodwork, Inc. Profit Sharing Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Plato Woodwork, Inc. Profit Sharing Plan & Trust, Total assets ($B): 0.02497039 · Participants: 151Plato Woodwork, Inc. Profit Sharing Plan & TrustUnitedhealth 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
Plato Woodwork, Inc. Profit Sharing Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Plato Woodwork, Inc. Profit Sharing Plan & Trust side-by-side with 3 peers →

Plato Woodwork, Inc. Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tanner LLC Retirement Plan in UT ($25M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Plato Woodwork, Inc. Profit Sharing Plan & Trust assets move in 2023? ▼
Plato Woodwork, Inc. Profit Sharing Plan & Trust grew at a solid clip - up 14.3% during 2023, from $22M to $25M. Reported net income was $3M.
How have Plato Woodwork, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plato Woodwork, Inc.'s sponsor-wide assets grew 14.8%, from $22M to $25M.
Where does Plato Woodwork, Inc. Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Plato Woodwork, Inc. Profit Sharing Plan & Trust ranks in the 76th 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 Plato Woodwork, Inc. Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Tanner LLC Retirement Plan in UT ($25M, 187 participants).
Which 401(k) plans cover a similar participant headcount to Plato Woodwork, Inc. Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M 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 411240351.

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.