401(k) · DOL Form 5500 · 2024
Andersen Corporation 401(k) Plan
Data updated 2026-08-11
- $1.5B
- Total assets
- 13,115
- Participants
- 99th
- Percentile by assets
- $111,078
- Avg per participant
Official DOL plan name: Andersen 401(k) Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing
$1.5B in assets, 13,115 participants
Andersen Corporation's Andersen 401(k) Plan reported $1.5B in total assets and 13,115 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 123,622 plans)
- #17,436 in Manufacturing (17,777 peers)
Coverage in Minnesota
Andersen 401(k) Plan covers 13,115 participants in Minnesota, 12x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.5B.
- $1.5B
- total plan assets (2024 EOY)
- 13,115
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $111,078
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Andersen 401(k) Plan reported net income fell from $215M in the plan year 2023 filing to $163M in the plan year 2024 filing.
- Andersen 401(k) Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
- Andersen 401(k) Plan reported participants rose from 12,184 in the plan year 2023 filing to 13,115 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Andersen 401(k) Plan reports 13,115 participants - 12x that state average ($1.5B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $163M |
| Employer EIN | 410123208 |
| Plan Effective Date | 1960-01-01 |
| 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 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Andersen 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
Scale composition for Andersen 401(k) Plan
Andersen 401(k) Plan reports $1.5B in end-of-year assets across 13,115 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $111,078 per participant (80% of the national average assets-per-participant) . Net income for plan year 2024 was $163M.
This plan identity (EIN 410123208, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+35.3%) while covered participants moved from 10,644 to 13,115 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,644 | $1.1B | Open filing |
| 2023 | 12,184 | $1.3B | Open filing |
| 2024 · index core | 13,115 | $1.5B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Andersen Corporation Employee Stock Ownership Plan (ESOP, $963M, 12,104 participants)
- Andersen Corporation Employees' Pension and Retirement Plan (Defined Benefit (Pension), $773M, 1,594 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Andersen 401(k) Plan by total assets, not by location.
- Gibson, Dunn & Crutcher LLP Retirement Plan (CA) $1.5B · 2,610
- Fujifilm Long Term Savings Plan (NY) $1.5B · 4,841
- Seattle Children's Healthcare System Employees Retirement Plan (WA) $1.5B · 10,042
- Volvo Group North America Voluntary Investment Pretax Plan (NC) $1.5B · 5,452
Frequently Asked Questions
How did Andersen 401(k) Plan assets move in 2024? ▼
How have Andersen Corporation plan assets changed over time? ▼
Where does Andersen 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Andersen 401(k) Plan? ▼
Next read for Andersen 401(k) Plan
Filing takeaways
Ways to act on Andersen 401(k) Plan's numbers.
- By total assets, Andersen 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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