401(k) · DOL Form 5500 · 2024

American Converters, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
160
Participants Small participant base
61st
Percentile by assets National rank
$80,169
Avg per participant Below avg balance/head
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Official DOL plan name: American Converters, Inc. Retirement Savings Plan · Sponsored by American Converters, Inc. · Minnesota · Manufacturing

$13M in assets, 160 participants

American Converters, Inc.'s American Converters, Inc. Retirement Savings Plan reported $13M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,561 in Manufacturing (17,777 peers)

Coverage in Minnesota

American Converters, Inc. Retirement Savings Plan covers 160 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#8,561
in Manufacturing (17,777 peers)
+11.1%
assets growth YoY

American Converters, Inc. Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

American Converters, Inc. Retirement Savings Plan vs every filed plan by assets

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

$12,827,110 Top 39% higher than 61% 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

American Converters, Inc. Retirement Savings 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. American Converters, Inc. Retirement Savings Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Converters, Inc. Retirement Savings Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • American Converters, Inc. Retirement Savings Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • American Converters, Inc. Retirement Savings Plan reported participants rose from 152 in the plan year 2023 filing to 160 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411284688 · American Converters, Inc. PY 2024 · 401(k)

American Converters, Inc. Retirement Savings Plan · $13M · 160 · 61st

  • IND $13M
  • EOY 160
  • 5500 61st
  • ASSETS 401(k)
  • PCT near Athletic Greens USA 401(k) Plan
  • EIN ind #8561

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 →

American Converters, Inc. Retirement Savings Plan in the asset neighbourhood

American Converters, Inc. Retirement Savings PlanAmerican Converters, Inc. Re…$13MAthletic Greens USA 401(k) PlanAthletic Greens USA 401(k) P…$13MThe Weston Group, Inc. 401(k) Profit Sharing PlanThe Weston Group, Inc. 401(k…$13MNd Defense LLC 401(k) Plan$13MZink Distributing Company 401(k) Retirement PlanZink Distributing Company 40…$13M
End-of-year total assets ($M) among American Converters, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN411284688
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Converters, Inc.)

Sponsor-wide plan assets over time

All American Converters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 31.224021022671067% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $9.77M $12.8M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 154 $10M
2023 1 152 $12M
2024 1 160 $13M

Nearby 401(k) Plans in Minnesota

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

American Converters, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants American Converters, Inc. Retirement Savings Plan, Total assets ($B): 0.01282711 · Participants: 160American Converters, Inc. Retirement Savings 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
American Converters, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare American Converters, Inc. Retirement Savings Plan side-by-side with 3 peers →

American Converters, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Athletic Greens USA 401(k) Plan in NV ($13M); 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 ($13M 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 American Converters, Inc. Retirement Savings Plan assets move in 2024? ▼
American Converters, Inc. Retirement Savings Plan grew at a solid clip - up 11.1% during 2024, from $12M to $13M. Reported net income was $1M.
How have American Converters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Converters, Inc.'s sponsor-wide assets grew 31.2%, from $10M to $13M.
Which 401(k) plans are similar in size to American Converters, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Athletic Greens USA 401(k) Plan in NV ($13M, 212 participants).
Which 401(k) plans cover a similar participant headcount to American Converters, Inc. Retirement Savings 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).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411284688.

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.