401(k) · DOL Form 5500 · 2024

Elemet Group, Inc 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets: 120
Participants Small participant base: 49th
Percentile by assets National rank: $59,836
Avg per participant Low balance/head

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Official DOL plan name: The Elemet Group 401(k) Plan · Sponsored by Elemet Group, Inc · Minnesota · Manufacturing

$7M in assets, 120 participants

Elemet Group, Inc's The Elemet Group 401(k) Plan reported $7M in total assets and 120 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

#5,850 in Manufacturing (17,777 peers)

Coverage in Minnesota

The Elemet Group 401(k) Plan covers 120 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $7M.

#5,850
in Manufacturing (17,777 peers): +16.8%
assets growth YoY

The Elemet Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Elemet Group 401(k) Plan vs every filed plan by assets

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

$7,180,297 49th percentile higher than 49% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

The Elemet Group 401(k) 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. The Elemet Group 401(k) Plan sits mid-pack in the medium band (120 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

The Elemet Group 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
The Elemet Group 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
The Elemet Group 401(k) Plan reported participants fell from 123 in the plan year 2023 filing to 120 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 815066079 · Elemet Group, Inc PY 2024 · 401(k)

The Elemet Group 401(k) Plan · $7M · 120 · 49th

PHOTO $7M
PHOTO 120
PHOTO 49th
PHOTO 401(k)
PHOTO near Senesco 401(k) Plan
PHOTO ind #5850

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 →

End-of-year total assets ($M) among The Elemet Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$7M
Net Income	$1M
Employer EIN	815066079
Plan Effective Date	1998-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Elemet Group, Inc)

Latest sponsor-wide plan assets: $7M 46.225630663590486% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	102	$5M
2023	1	123	$6M
2024	1	120	$7M

Nearby 401(k) Plans in Minnesota

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

The Elemet Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Wells Fargo & Company 401(k) Plan $57.9B · 179,076
Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
Target Corporation 401(k) Plan $14.4B · 409,649
Medtronic Savings and Investment Plan $13.7B · 38,480
U.S. Bank 401(k) Savings Plan $11.4B · 73,109

Compare The Elemet Group 401(k) Plan side-by-side with 3 peers →

The Elemet Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Senesco 401(k) Plan in RI ($7M); by covered participants it is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Senesco 401(k) Plan (RI) $7M · 101
Slingluff Insurance Agency Inc Profit Sharing and 401(k) Plan (AL) $7M · 17
Berkshire Sterile Manufacturing 401(k) Retirement Plan (MA) $7M · 235
Your Retirement Savings Plan (FL) $7M · 82

Similar participant headcount

Nearest other-state filings by covered participants (120 participants); asset peers above are excluded.

Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan (HI) 120 · 0 off
Oostburg Concrete Products, Inc. 401(k) Plan (WI) 120 · 0 off
Maine Pointe, LLC Profit Sharing Plan and Trust (MA) 120 · 0 off
Hay House 401(k) Plan (CA) 120 · 0 off

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 The Elemet Group 401(k) Plan assets move in 2024? ▼

The Elemet Group 401(k) Plan grew sharply - up 16.8% during 2024, from $6M to $7M. Reported net income was $1M.

How have Elemet Group, Inc plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Elemet Group, Inc's sponsor-wide assets grew 46.2%, from $5M to $7M.

Which 401(k) plans are similar in size to The Elemet Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Senesco 401(k) Plan in RI ($7M, 101 participants).

Which 401(k) plans cover a similar participant headcount to The Elemet Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants, $738K 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 815066079.