401(k) · DOL Form 5500 · 2024

Andersen Corporation 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
13,115
Participants Very large workforce
99th
Percentile by assets National rank
$111,078
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,436
in Manufacturing (17,777 peers)
+12.7%
assets growth YoY
15×
vs typical plan assets (national mean)

Andersen 401(k) Plan's outsized position by total assets

Andersen 401(k) Plan vs every filed plan by assets

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

$1,456,783,899 Top 1% higher than 99% 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

Andersen 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Andersen 401(k) Plan is a mega filing (13,115 participants), the rightmost band on the breakdown.

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410123208 · Andersen Corporation PY 2024 · 401(k)

Andersen 401(k) Plan · $1.5B · 13,115 · 99th

  • RANK $1.5B
  • RANK 13,115
  • RANK 99th
  • RANK 401(k)
  • RANK near Gibson, Dunn & Crutcher LLP Retirement Plan
  • RANK ind #17436

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 →

Andersen 401(k) Plan in the asset neighbourhood

Andersen 401(k) Plan$1.5BGibson, Dunn & Crutcher LLP Retirement PlanGibson, Dunn & Crutcher LLP …$1.5BFujifilm Long Term Savings PlanFujifilm Long Term Savings P…$1.5BSeattle Children's Healthcare System Employees Retirement PlanSeattle Children's Healthcar…$1.5BVolvo Group North America Voluntary Investment Pretax PlanVolvo Group North America Vo…$1.5B
End-of-year total assets ($B) among Andersen 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$163M
Employer EIN410123208
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Andersen Corporation)

Sponsor-wide plan assets over time

All Andersen Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 25.87036995396942% vs 2022
2024 filing year
$2.4B$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.56B $3.22B ▲ +25.8%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Andersen 401(k) Plan, Total assets ($B): 1.456783899 · Participants: 13115Andersen 401(k) 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
Andersen 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Gibson, Dunn & Crutcher LLP Retirement Plan in CA ($1.5B); by covered participants it is Cleveland-Cliffs Steel LLC Hourly 401(k) Plan in OH (13,118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13,115 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 Andersen 401(k) Plan assets move in 2024? ▼
Andersen 401(k) Plan grew at a solid clip - up 12.7% during 2024, from $1.3B to $1.5B. Reported net income was $163M.
How have Andersen Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Andersen Corporation's sponsor-wide assets grew 25.9%, from $2.6B to $3.2B.
Where does Andersen 401(k) Plan rank by assets among Form 5500 filers? ▼
Andersen 401(k) Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gibson, Dunn & Crutcher LLP Retirement Plan in CA ($1.5B, 2,610 participants).
Which 401(k) plans cover a similar participant headcount to Andersen 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cleveland-Cliffs Steel LLC Hourly 401(k) Plan in OH (13,118 participants, $1.7B in assets).