401(k) · DOL Form 5500 · 2023

Mikros Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
148
Participants Small participant base
56th
Percentile by assets National rank
$60,238
Avg per participant Low balance/head
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Official DOL plan name: Mikros Engineering Profit Sharing 401(k) Plan · Sponsored by Mikros Engineering, Inc. · Minnesota · Manufacturing

$9M in assets, 148 participants

Mikros Engineering, Inc.'s Mikros Engineering Profit Sharing 401(k) Plan reported $9M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,814 in Manufacturing (18,722 peers)

Coverage in Minnesota

Mikros Engineering Profit Sharing 401(k) Plan covers 148 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#7,814
in Manufacturing (18,722 peers)
+12.3%
assets growth YoY

Mikros Engineering Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Mikros Engineering Profit Sharing 401(k) Plan vs every filed plan by assets

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

$8,915,235 Top 44% higher than 56% 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

Mikros Engineering Profit Sharing 401(k) 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. Mikros Engineering Profit Sharing 401(k) Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mikros Engineering Profit Sharing 401(k) Plan reported net income rose from $832K in the plan year 2022 filing to $974K in the plan year 2023 filing.
  • Mikros Engineering Profit Sharing 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410859898 · Mikros Engineering, Inc. PY 2023 · 401(k)

Mikros Engineering Profit Sharing 401(k) Plan · $9M · 148 · 56th

  • BOOK $9M
  • VS-ST 148
  • BOY 56th
  • SCH 401(k)
  • EBSA near Summerwood Corporation 401(k) Plan
  • PART ind #7814

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 →

Mikros Engineering Profit Sharing 401(k) Plan in the asset neighbourhood

Mikros Engineering Profit Sharing 401(k) PlanMikros Engineering Profit Sh…$9MSummerwood Corporation 401(k) PlanSummerwood Corporation 401(k…$9M403(b) Thrift Plan for Employees of San Diego Youth Services403(b) Thrift Plan for Emplo…$9MPreston Automotive Group 401(k) PlanPreston Automotive Group 401…$9MSbs Creatix LLC 401(k) Retirement PlanSbs Creatix LLC 401(k) Retir…$9M
End-of-year total assets ($M) among Mikros Engineering Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$974K
Employer EIN410859898
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mikros Engineering, Inc.)

Sponsor-wide plan assets over time

All Mikros Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 25.38215509838142% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.94M $9.96M ▲ +25.4%
Year Plans Participants Total Assets
2022 1 149 $8M
2023 1 148 $9M
2024 1 132 $10M

Nearby 401(k) Plans in Minnesota

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

Mikros Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mikros Engineering Profit Sharing 401(k) Plan, Total assets ($B): 0.008915235 · Participants: 148Mikros Engineering Profit Sharing 401(k) 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
Mikros Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mikros Engineering Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Summerwood Corporation 401(k) Plan in PA ($9M); by covered participants it is Frontier Auto Sales 401(k) Plan in CA (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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 Mikros Engineering Profit Sharing 401(k) Plan assets move in 2023?
Mikros Engineering Profit Sharing 401(k) Plan grew at a solid clip - up 12.3% during 2023, from $8M to $9M. Reported net income was $974K.
How have Mikros Engineering, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mikros Engineering, Inc.'s sponsor-wide assets grew 25.4%, from $8M to $10M.
Which 401(k) plans are similar in size to Mikros Engineering Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Summerwood Corporation 401(k) Plan in PA ($9M, 2,559 participants).
Which 401(k) plans cover a similar participant headcount to Mikros Engineering Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Frontier Auto Sales 401(k) Plan in CA (148 participants, N/A in assets).