401(k) · DOL Form 5500 · 2024

Park Financial Group, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
160
Participants Small participant base
73rd
Percentile by assets National rank
$141,957
Avg per participant Near avg balance/head
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Official DOL plan name: Park Financial Group 401(k) Profit Sharing Plan · Sponsored by Park Financial Group, Inc. · Minnesota · Finance & Insurance

$23M in assets, 160 participants

Park Financial Group, Inc.'s Park Financial Group 401(k) Profit Sharing Plan reported $23M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,987 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Park Financial Group 401(k) Profit Sharing Plan covers 160 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $23M.

#4,987
in Finance & Insurance (8,549 peers)
+6.3%
assets growth YoY

Park Financial Group 401(k) Profit Sharing Plan's outsized position by total assets

Park Financial Group 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$22,713,058 Top 27% higher than 73% of 123,620 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 2024

Park Financial Group 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Financial Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Park Financial Group 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Park Financial Group 401(k) Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Park Financial Group 401(k) Profit Sharing Plan reported participants fell from 164 in the plan year 2023 filing to 160 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 472313382 · Park Financial Group, Inc. PY 2024 · 401(k)

Park Financial Group 401(k) Profit Sharing Plan · $23M · 160 · 73rd

  • BOOK $23M
  • VS-ST 160
  • BOY 73rd
  • SCH 401(k)
  • EBSA near O'hara Corporation 401(k) Savings and Investment Plan
  • PART ind #4987

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Park Financial Group 401(k) Profit Sharing Plan in the asset neighbourhood

Whatnot 401(k) Plan$23MLiferay, Inc. 401(k) Profit Sharing PlanLiferay, Inc. 401(k) Profit …$23MPark Financial Group 401(k) Profit Sharing PlanPark Financial Group 401(k) …$23MO'hara Corporation 401(k) Savings and Investment PlanO'hara Corporation 401(k) Sa…$23MNederveld , Inc. 401 (K) Profit Sharing PlanNederveld , Inc. 401 (K) Pro…$23M
End-of-year total assets ($M) among Park Financial Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$1M
Employer EIN472313382
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Park Financial Group, Inc.)

Sponsor-wide plan assets over time

All Park Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 23.806805623048405% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18.4M $22.7M ▲ +23.8%
Year Plans Participants Total Assets
2022 1 157 $18M
2023 1 164 $21M
2024 1 160 $23M

Nearby 401(k) Plans in Minnesota

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

Park Financial Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Park Financial Group 401(k) Profit Sharing Plan, Total assets ($B): 0.022713058 · Participants: 160Park Financial Group 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Park Financial Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Park Financial Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is O'hara Corporation 401(k) Savings and Investment Plan in ME ($23M); by covered participants it is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (160 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Park Financial Group 401(k) Profit Sharing Plan assets move in 2024?
Park Financial Group 401(k) Profit Sharing Plan grew at a solid clip - up 6.3% during 2024, from $21M to $23M. Reported net income was $1M.
How have Park Financial Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Park Financial Group, Inc.'s sponsor-wide assets grew 23.8%, from $18M to $23M.
Which 401(k) plans are similar in size to Park Financial Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is O'hara Corporation 401(k) Savings and Investment Plan in ME ($23M, 333 participants).
Which 401(k) plans cover a similar participant headcount to Park Financial Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants, N/A in assets).