Other · DOL Form 5500 · 2024

Minnesota Diversified Industries, Inc. Retirement Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
357
Participants Below avg headcount
58th
Percentile by assets National rank
$31,586
Avg per participant Low balance/head
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Official DOL plan name: 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · Sponsored by Minnesota Diversified Industries, Inc. · Minnesota · Manufacturing

$11M in assets, 357 participants

Minnesota Diversified Industries, Inc.'s 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported $11M in total assets and 357 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #7,965 in Manufacturing (17,777 peers)

Coverage in Minnesota

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. covers 357 participants in Minnesota, about 32% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#7,965
in Manufacturing (17,777 peers)
+11.6%
assets growth YoY

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s mid-pack asset rank among Manufacturing and all filers

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs every filed plan by assets

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

$11,276,348 Top 42% higher than 58% 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

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. 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. 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. sits mid-pack in the medium band (357 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. reported participants rose from 329 in the plan year 2023 filing to 357 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410941924 · Minnesota Diversified Industries, Inc. PY 2024 · Other

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. · $11M · 357 · 58th

  • PHOTO $11M
  • PHOTO 357
  • PHOTO 58th
  • PHOTO Other
  • PHOTO near Lift 403b Plan
  • PHOTO ind #7965

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 →

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. in the asset neighbourhood

The Fortune Society Tax Sheltered AnnuityThe Fortune Society Tax Shel…$11M403(b) Thrift Plan for Minnesota Diversified Industries, Inc.403(b) Thrift Plan for Minne…$11MLift 403b Plan$11MJackson Park Hospital 403(b) Retirement ProgramJackson Park Hospital 403(b)…$11MThe Mary Cariola Children's Center 403(b) Retirement PlanThe Mary Cariola Children's …$11M
End-of-year total assets ($M) among 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN410941924
Plan Effective Date1988-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Diversified Industries, Inc.)

Sponsor-wide plan assets over time

All Minnesota Diversified Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 35.87262876383942% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.3M $11.3M ▲ +35.9%
Year Plans Participants Total Assets
2022 1 228 $8M
2023 1 329 $10M
2024 1 357 $11M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants 403(b) Thrift Plan for Minnesota Diversified Industries, Inc., Total assets ($B): 0.011276348 · Participants: 357403(b) Thrift Plan for Minnesota Diversified Industries, Inc.Mayo 403(b) Plan, Total assets ($B): 12.799106312 · Participants: 85933Mayo 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.937973727 · Participants: 5750Childrens Hospitals and Clinics Matched Savings PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.866640984 · Participants: 8227Centracare Health System 403(b) PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.811257677 · Participants: 22289Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.459707522 · Participants: 2357University of St. Thomas Retirement Plan
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. vs. nearby Other plans in Minnesota, assets vs. participants

403(b) Thrift Plan for Minnesota Diversified Industries, Inc.'s out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Lift 403b Plan in OK ($11M); by covered participants it is Easterseals Serving DC/Md/Va 403(b) Plan in MD (357 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (357 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 403(b) Thrift Plan for Minnesota Diversified Industries, Inc. assets move in 2024?
403(b) Thrift Plan for Minnesota Diversified Industries, Inc. grew at a solid clip - up 11.6% during 2024, from $10M to $11M. Reported net income was $1M.
How have Minnesota Diversified Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Diversified Industries, Inc.'s sponsor-wide assets grew 35.9%, from $8M to $11M.
Which Other plans are similar in size to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.?
Among Other plans in other states, the closest by assets is Lift 403b Plan in OK ($11M, 227 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Minnesota Diversified Industries, Inc.?
Among Other plans in other states, the closest by covered participants is Easterseals Serving DC/Md/Va 403(b) Plan in MD (357 participants, $5M in assets).