Defined Benefit (Pension) · DOL Form 5500 · 2024
Andersen Corporation Pension Plan
Data updated 2026-08-06
- $773M
- Total assets
- 1,594
- Participants
- 98th
- Percentile by assets
- $485,037
- Avg per participant
Official DOL plan name: Andersen Corporation Employees' Pension and Retirement Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing
$773M in assets, 1,594 participants
Andersen Corporation's Andersen Corporation Employees' Pension and Retirement Plan reported $773M in total assets and 1,594 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 116,472 plans)
- #16,339 in Manufacturing (16,886 peers)
Where Andersen Corporation Employees' Pension and Retirement Plan sits by assets
Andersen Corporation Employees' Pension and Retirement Plan sits in the top 5% of all filed plans by assets, $773M for 1,594 participants (~$485,037/participant), down 7.2% in 2024.
- $773M
- total plan assets (2024 EOY)
- 1,594
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $485,037
- avg assets per participant
The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Andersen Corporation Employees' Pension and Retirement Plan reported net income fell from $27M in the plan year 2023 filing to -$60M in the plan year 2024 filing.
- Andersen Corporation Employees' Pension and Retirement Plan reported participants fell from 1,724 in the plan year 2023 filing to 1,594 in the plan year 2024 filing.
- Andersen Corporation Employees' Pension and Retirement Plan end-of-year assets fell from $833M in the plan year 2023 filing to $773M in the plan year 2024 filing.
Andersen Corporation Employees' Pension and Retirement Plan vs the 2024 asset distribution
By assets, Andersen Corporation Employees' Pension and Retirement Plan outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 7.7x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $833M |
|---|---|
| Net Assets (End of Year) | $773M |
| Net Income | -$60M |
| Employer EIN | 410123208 |
| Plan Effective Date | 1950-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Andersen Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 22,011 | $2.6B |
| 2023 | 4 | 25,560 | $3.1B |
| 2024 | 4 | 26,820 | $3.2B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Andersen Corporation Employees' Pension and Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Andersen Corporation Employees' Pension and Retirement Plan by total assets, not by location.
- Fox Pension Plan (NY) $771M · 1,260
- Siemens Medical Solutions USA, Inc. Pension Plan (PA) $770M · 2,929
- Pavers & Road Builders DC Pension Fund (NY) $776M · 1,998
- Trane Technologies Pension Plan Number One B (NC) $777M · 4,934
Frequently Asked Questions
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Next read for Andersen Corporation Employees' Pension …
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Ways to act on Andersen Corporation Employees' Pension and Retirement Plan's numbers.
- By total assets, Andersen Corporation Employees' Pension and Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Andersen Corporation's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing plans