401(k) · DOL Form 5500 · 2023

Power/Mation Division, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
194
Participants Below avg headcount
80th
Percentile by assets National rank
$167,660
Avg per participant Above avg balance/head
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Official DOL plan name: Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan · Sponsored by Power/Mation Division, Inc. · Minnesota · Wholesale Trade

$33M in assets, 194 participants

Power/Mation Division, Inc.'s Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan reported $33M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,041 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan covers 194 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $33M.

#5,041
in Wholesale Trade (6,309 peers)
+16.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan's outsized position by total assets

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,526,118 Top 20% higher than 80% of 127,068 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 2023

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan reported net income rose from $741K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan end-of-year assets rose from $28M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan reported participants rose from 173 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410848859 · Power/Mation Division, Inc. PY 2023 · 401(k)

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan · $33M · 194 · 80th

  • PHOTO $33M
  • PHOTO 194
  • PHOTO 80th
  • PHOTO 401(k)
  • PHOTO near Texon L.P. 401(k) Plan
  • PHOTO ind #5041

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan in the asset neighbourhood

Power/Mation Division, Inc. Employee Retirement Profit Sharing PlanPower/Mation Division, Inc. …$33MSioux Center Health 401(k) PlanSioux Center Health 401(k) P…$33MVermont Information Processing, Inc. Profit Sharing PlanVermont Information Processi…$33MTexon L.P. 401(k) Plan$33MRqm+ 401(k) Plan$33M
End-of-year total assets ($M) among Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$33M
Net Income$5M
Employer EIN410848859
Plan Effective Date1987-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Power/Mation Division, Inc.)

Sponsor-wide plan assets over time

All Power/Mation Division, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 16.949955085929282% vs 2022
2023 filing year
$26M$28M$30M$32M$34M 20222023 $27.8M $32.5M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 173 $28M
2023 1 194 $33M

Nearby 401(k) Plans in Minnesota

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

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan, Total assets ($B): 0.032526118 · Participants: 194Power/Mation Division, Inc. Employee Retirement Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan side-by-side with 3 peers →

Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Texon L.P. 401(k) Plan in TX ($33M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan assets move in 2023? ▼
Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan grew sharply - up 16.9% during 2023, from $28M to $33M. Reported net income was $5M.
How have Power/Mation Division, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Power/Mation Division, Inc.'s sponsor-wide assets grew 16.9%, from $28M to $33M.
Where does Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Texon L.P. 401(k) Plan in TX ($33M, 109 participants).
Which 401(k) plans cover a similar participant headcount to Power/Mation Division, Inc. Employee Retirement Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410848859.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.