401(k) · DOL Form 5500 · 2024
Willmar Electric Service Corp. 401(k) Plan
Data updated 2026-08-25
- $18M
- Total assets Small plan by assets
- 163
- Participants Small participant base
- 68th
- Percentile by assets National rank
- $107,965
- Avg per participant Below avg balance/head
Official DOL plan name: Willmar Electric 401(k) Plan · Sponsored by Willmar Electric Service Corp. · Minnesota · Construction
$18M in assets, 163 participants
Willmar Electric Service Corp.'s Willmar Electric 401(k) Plan reported $18M in total assets and 163 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.
- #6,002 in Construction (9,039 peers)
Coverage in Minnesota
Willmar Electric 401(k) Plan covers 163 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.
- #6,002
- in Construction (9,039 peers)
- +20.5%
- assets growth YoY
Willmar Electric 401(k) Plan's outsized position by total assets
Willmar Electric 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$17,598,299 Top 32% higher than 68% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Willmar Electric 401(k) 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. Willmar Electric 401(k) Plan sits mid-pack in the medium band (163 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Willmar Electric 401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- Willmar Electric 401(k) Plan reported participants fell from 167 in the plan year 2023 filing to 163 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 205963761 · Willmar Electric Service Corp. PY 2024 · 401(k)
Willmar Electric 401(k) Plan · $18M · 163 · 68th
- 5500 $18M
- 5500 163
- 5500 68th
- 5500 401(k)
- 5500 near E. Gluck Corporation 401(k) Plan
- 5500 ind #6002
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 Construction retirement plans → · Plans in Minnesota →
Willmar Electric 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | $3M |
| Employer EIN | 205963761 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Willmar Electric Service Corp.)
Sponsor-wide plan assets over time
All Willmar Electric Service Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $18M 51.53044614100324% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 191 | $12M |
| 2023 | 1 | 167 | $15M |
| 2024 | 1 | 163 | $18M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Willmar Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is E. Gluck Corporation 401(k) Plan in NY ($18M); by covered participants it is Kessler's, Inc. 401(k) Retirement Plan in SD (163 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($18M here).
- E. Gluck Corporation 401(k) Plan (NY) $18M · 202
- Clearcaptions, LLC 401(k) Plan (TN) $18M · 393
- Penzeys, Ltd 401(k) Plan and Trust (WI) $18M · 425
- Med-El Corporation 401(k) Profit Sharing Plan and Trust (NC) $18M · 189
Similar participant headcount
Nearest other-state filings by covered participants (163 participants); asset peers above are excluded.
- Kessler's, Inc. 401(k) Retirement Plan (SD) 163 · 0 off
- Rfi Enterprises Savings and Retirement Plan (CA) 163 · 0 off
- The Arthur Companies, Inc. 401(k) Profit Sharing Plan (ND) 163 · 0 off
- Insite Capital LLC 401(k) Profit Sharing Plan (FL) 163 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.