401(k) · DOL Form 5500 · 2023

Tennant Company 401(k) Plan

Data updated 2026-08-11

$421M
Total assets
1,777
Participants
97th
Percentile by assets
$237,035
Avg per participant
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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.

  • 97th percentile by assets (of 127,072 plans)
  • #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.

$421M
total plan assets (2023 EOY)
1,777
covered participants
97th
percentile by assets (of 127,072 plans)
$237,035
avg assets per participant

Where Tennant Company Retirement Savings Plan sits 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 $2,010,000,000 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

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 →

State
Minnesota
Industry
Manufacturing

Tennant Company Retirement Savings Plan vs the 2023 asset distribution

By assets, Tennant Company Retirement Savings Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.2x the national average plan size of $100M (721 average participants).

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)

$350M$400M$450M$500M 202220232024 $373M $450M ▲ +20.6%
Total plan assets by year, all Tennant Company plans on file
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 ($B) Participants Tennant Company Reti…, Total assets ($B): 0.421211379 · Participants: 1777Tennant Company Reti…Unitedhealth Group 4…, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 4…Medtronic Savings an…, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings an…3M Voluntary Investm…, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Sav…
Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Tennant Company Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tennant Company Retirement Savings Plan by total assets, not by location.

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).

Next read for Tennant Company Retirement Savings Plan

Scale reading

Ways to act on Tennant Company Retirement Savings Plan's numbers.

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 410572550.

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.