401(k) · DOL Form 5500 · 2023

Tennant Company 401(k) Plan

Data updated 2026-08-25

$421M
Total assets Above avg plan size
1,777
Participants Near avg headcount
97th
Percentile by assets National rank
$237,035
Avg per participant Above avg balance/head
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Official DOL plan name: Tennant Company Retirement Savings Plan · Sponsored by Tennant Company · Minnesota · Manufacturing

$421M in assets, 1,777 participants

Tennant Company's Tennant Company Retirement Savings Plan reported $421M in total assets and 1,777 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,830 in Manufacturing (18,722 peers)

Where Tennant Company Retirement Savings Plan sits by assets

Tennant Company Retirement Savings Plan sits in the top 5% of all filed plans by assets, $421M for 1,777 participants (~$237,035/participant), up 12.8% in 2023.

#17,830
in Manufacturing (18,722 peers)
+12.8%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Tennant Company Retirement Savings Plan's outsized position by total assets

Tennant Company Retirement Savings Plan vs every filed plan by assets

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

$421,211,379 Top 3% higher than 97% 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

Tennant Company Retirement Savings 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. Tennant Company Retirement Savings Plan lands in the large band (1,777 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tennant Company Retirement Savings Plan reported net income rose from -$102M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Tennant Company Retirement Savings Plan end-of-year assets rose from $373M in the plan year 2022 filing to $421M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410572550 · Tennant Company PY 2023 · 401(k)

Tennant Company Retirement Savings Plan · $421M · 1,777 · 97th

  • ASSETS $421M
  • ASSETS 1,777
  • ASSETS 97th
  • ASSETS 401(k)
  • ASSETS near Carnival Corporation Fun Ship Savings Plan
  • ASSETS ind #17830

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 →

Tennant Company Retirement Savings Plan in the asset neighbourhood

Mccarter and English Retirement and Savings PlanMccarter and English Retirem…$422MCarnival Corporation Fun Ship Savings PlanCarnival Corporation Fun Shi…$421MTennant Company Retirement Savings PlanTennant Company Retirement S…$421MTutor Perini 401(k) Retirement Savings PlanTutor Perini 401(k) Retireme…$421MOkta 401(k) Plan$420M
End-of-year total assets ($M) among Tennant Company Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$373M
Net Assets (End of Year)$421M
Net Income$48M
Employer EIN410572550
Plan Effective Date1944-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Tennant Company)

Sponsor-wide plan assets over time

All Tennant Company plans reported in each filing year

Latest sponsor-wide plan assets
$450M 20.606201901512176% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $373M $450M ▲ +20.6%
Year Plans Participants Total Assets
2022 1 1,782 $373M
2023 1 1,777 $421M
2024 1 1,889 $450M

Nearby 401(k) Plans in Minnesota

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

Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Tennant Company Retirement Savings Plan, Total assets ($B): 0.421211379 · Participants: 1777Tennant Company Retirement 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
Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Tennant Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Carnival Corporation Fun Ship Savings Plan in FL ($421M); by covered participants it is Hexaware Technologies, Incorporated Retirement Plan in NJ (1,777 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($421M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,777 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 Tennant Company Retirement Savings Plan assets move in 2023? ▼
Tennant Company Retirement Savings Plan grew at a solid clip - up 12.8% during 2023, from $373M to $421M. Reported net income was $48M.
How have Tennant Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tennant Company's sponsor-wide assets grew 20.6%, from $373M to $450M.
Where does Tennant Company Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Tennant Company Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Tennant Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carnival Corporation Fun Ship Savings Plan in FL ($421M, 3,031 participants).
Which 401(k) plans cover a similar participant headcount to Tennant Company Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hexaware Technologies, Incorporated Retirement Plan in NJ (1,777 participants, $27M in assets).