401(k) · DOL Form 5500 · 2023

Board of Trustees of the Millwright Union Individual Account Retiremen 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
966
Participants Near avg headcount
84th
Percentile by assets National rank
$43,493
Avg per participant Low balance/head
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Official DOL plan name: Millwright Union Individual Account Retirement Plan · Sponsored by Board of Trustees of the Millwright Union Individual Account Retiremen · Minnesota · Construction

$42M in assets, 966 participants

Board of Trustees of the Millwright Union Individual Account Retiremen's Millwright Union Individual Account Retirement Plan reported $42M in total assets and 966 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,371 in Construction (9,030 peers)

Where Millwright Union Individual Account Retirement Plan sits by assets

Millwright Union Individual Account Retirement Plan sits in the top quartile of all filed plans by assets, $42M for 966 participants (~$43,493/participant), up 12.6% in 2023.

#7,371
in Construction (9,030 peers)
+12.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Millwright Union Individual Account Retirement Plan's outsized position by total assets

Millwright Union Individual Account Retirement Plan vs every filed plan by assets

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

$42,014,025 Top 16% higher than 84% 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

Millwright Union Individual Account Retirement 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. Millwright Union Individual Account Retirement Plan sits mid-pack in the medium band (966 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Millwright Union Individual Account Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Millwright Union Individual Account Retirement Plan end-of-year assets rose from $37M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Millwright Union Individual Account Retirement Plan reported participants fell from 981 in the plan year 2022 filing to 966 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 391707392 · Board of Trustees of the Millwright Union Individual Account Retiremen PY 2023 · 401(k)

Millwright Union Individual Account Retirement Plan · $42M · 966 · 84th

  • VS-ST $42M
  • BOY 966
  • SCH 84th
  • EBSA 401(k)
  • PART near Gibbs & Bruns, L.L.P. Profit Sharing & 401(k) Plan
  • TYPE ind #7371

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 Construction retirement plans → · Plans in Minnesota →

Millwright Union Individual Account Retirement Plan in the asset neighbourhood

Walsh Gallegos 401(k) Plan$42MMillwright Union Individual Account Retirement PlanMillwright Union Individual …$42MGibbs & Bruns, L.L.P. Profit Sharing & 401(k) PlanGibbs & Bruns, L.L.P. Profit…$42MPlains Bancorp, Inc. 401(k) Employee Stock Ownership PlanPlains Bancorp, Inc. 401(k) …$42MRandall-Reilly, LLC 401(k) Profit Sharing PlanRandall-Reilly, LLC 401(k) P…$42M
End-of-year total assets ($M) among Millwright Union Individual Account Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$42M
Net Income$5M
Employer EIN391707392
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Millwright Union Individual Account Retiremen)

Sponsor-wide plan assets over time

All Board of Trustees of the Millwright Union Individual Account Retiremen plans reported in each filing year

Latest sponsor-wide plan assets
$47M 26.482841740634655% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $37.3M $47.2M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 981 $37M
2023 1 966 $42M
2024 1 1,055 $47M

Nearby 401(k) Plans in Minnesota

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

Millwright Union Individual Account Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Millwright Union Individual Account Retirement Plan, Total assets ($B): 0.042014025 · Participants: 966Millwright Union Individual Account Retirement 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
Millwright Union Individual Account Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Millwright Union Individual Account Retirement Plan side-by-side with 3 peers →

Millwright Union Individual Account Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Gibbs & Bruns, L.L.P. Profit Sharing & 401(k) Plan in TX ($42M); by covered participants it is Sherrill Savings and Profit Sharing Plan in NC (966 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (966 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 Millwright Union Individual Account Retirement Plan assets move in 2023? ▼
Millwright Union Individual Account Retirement Plan grew at a solid clip - up 12.6% during 2023, from $37M to $42M. Reported net income was $5M.
How have Board of Trustees of the Millwright Union Individual Account Retiremen plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Millwright Union Individual Account Retiremen's sponsor-wide assets grew 26.5%, from $37M to $47M.
Where does Millwright Union Individual Account Retirement Plan rank by assets among Form 5500 filers? ▼
Millwright Union Individual Account Retirement Plan ranks in the 84th 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 Millwright Union Individual Account Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gibbs & Bruns, L.L.P. Profit Sharing & 401(k) Plan in TX ($42M, 52 participants).
Which 401(k) plans cover a similar participant headcount to Millwright Union Individual Account Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sherrill Savings and Profit Sharing Plan in NC (966 participants, $48M 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 391707392.

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.