401(k) · DOL Form 5500 · 2024

Thern, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
112
Participants Small participant base
62nd
Percentile by assets National rank
$118,828
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thern, Inc. Retirement Plan · Sponsored by Thern, Inc. · Minnesota · Manufacturing

$13M in assets, 112 participants

Thern, Inc.'s Thern, Inc. Retirement Plan reported $13M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #8,730 in Manufacturing (17,777 peers)

Coverage in Minnesota

Thern, Inc. Retirement Plan covers 112 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#8,730
in Manufacturing (17,777 peers)
+17.1%
assets growth YoY

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

Thern, Inc. Retirement Plan vs every filed plan by assets

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

$13,308,777 Top 38% higher than 62% 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

Thern, Inc. Retirement 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. Thern, Inc. Retirement Plan sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thern, Inc. Retirement Plan reported net income rose from $963K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Thern, Inc. Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Thern, Inc. Retirement Plan reported participants rose from 109 in the plan year 2023 filing to 112 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410791857 · Thern, Inc. PY 2024 · 401(k)

Thern, Inc. Retirement Plan · $13M · 112 · 62nd

  • 5500 $13M
  • ASSETS 112
  • PCT 62nd
  • EIN 401(k)
  • RANK near Schroeder Manatee Ranch, Inc. 401(k) Plan
  • PHOTO ind #8730

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 →

Thern, Inc. Retirement Plan in the asset neighbourhood

Thern, Inc. Retirement Plan$13MSchroeder Manatee Ranch, Inc. 401(k) PlanSchroeder Manatee Ranch, Inc…$13MIntercity Investments, Inc. 401(k) Profit Sharing PlanIntercity Investments, Inc. …$13MInter-Rail Transport, Inc. Profit Sharing Plan & TrustInter-Rail Transport, Inc. P…$13MHms Mfg. Co. 401(k) Savings PlanHms Mfg. Co. 401(k) Savings …$13M
End-of-year total assets ($M) among Thern, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN410791857
Plan Effective Date1967-05-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Thern, Inc.)

Sponsor-wide plan assets over time

All Thern, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 27.986472385030225% vs 2022
2024 filing year
$10M$11M$12M$13M$14M 202220232024 $10.4M $13.3M ▲ +28.0%
Year Plans Participants Total Assets
2022 1 108 $10M
2023 1 109 $11M
2024 1 112 $13M

Nearby 401(k) Plans in Minnesota

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

Thern, Inc. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Thern, Inc. Retirement Plan, Total assets ($B): 0.013308777 · Participants: 112Thern, Inc. Retirement 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
Thern, Inc. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Schroeder Manatee Ranch, Inc. 401(k) Plan in FL ($13M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Thern, Inc. Retirement Plan assets move in 2024?
Thern, Inc. Retirement Plan grew sharply - up 17.1% during 2024, from $11M to $13M. Reported net income was $2M.
How have Thern, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thern, Inc.'s sponsor-wide assets grew 28.0%, from $10M to $13M.
Which 401(k) plans are similar in size to Thern, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Schroeder Manatee Ranch, Inc. 401(k) Plan in FL ($13M, 276 participants).
Which 401(k) plans cover a similar participant headcount to Thern, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants, N/A in assets).