401(k) · DOL Form 5500 · 2024

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets: 2
Participants Small participant base: 25th
Percentile by assets National rank: $655,369
Avg per participant High balance/head

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Official DOL plan name: Mcgowan Enterprises Inc. Retirement Plan · Sponsored by Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 · Minnesota · Wholesale Trade

$1M in assets, 2 participants

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's Mcgowan Enterprises Inc. Retirement Plan reported $1M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

#889 in Wholesale Trade (6,080 peers)

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year trail

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's plans moved +106.4% in assets from 2022 to 2024; this filing shows Mcgowan Enterprises Inc. Retirement Plan at $1M / 2 participants.

#889
in Wholesale Trade (6,080 peers): +10.3%
assets growth YoY

Mcgowan Enterprises Inc. Retirement Plan among the smaller filed plans by assets

Mcgowan Enterprises Inc. Retirement Plan vs every filed plan by assets

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

$1,310,738 25th percentile higher than 25% 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

Mcgowan Enterprises Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgowan Enterprises Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Mcgowan Enterprises Inc. Retirement Plan reported net income fell from $553K in the plan year 2023 filing to $122K in the plan year 2024 filing.
Mcgowan Enterprises Inc. Retirement Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 465592673 · Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 PY 2024 · 401(k)

Mcgowan Enterprises Inc. Retirement Plan · $1M · 2 · 25th

BOOK $1M
VS-ST 2
BOY 25th
SCH 401(k)
EBSA near Drs. Korb & Merat 401(k) Savings Plan & Trust
PART ind #889

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 →

End-of-year total assets ($M) among Mcgowan Enterprises Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 multi-year asset trail

Latest sponsor-wide plan assets: $1M 106.35011594755046% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	2	$635K
2023	1	2	$1M
2024	1	2	$1M

Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 filing trail (2024)

Total Assets (Beginning of Year)	$1M
Net Assets (End of Year)	$1M
Net Income	$122K
Employer EIN	465592673
Plan Effective Date	2014-05-07
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Mcgowan Enterprises Inc. Retirement 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

Compare Mcgowan Enterprises Inc. Retirement Plan side-by-side with 3 peers →

Mcgowan Enterprises Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Drs. Korb & Merat 401(k) Savings Plan & Trust in CA ($1M); by covered participants it is Per Mgmt, Inc. 401(k) Plan in MA (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Drs. Korb & Merat 401(k) Savings Plan & Trust (CA) $1M · 8
Two Fish Partners, Inc. 401(k) Profit Sharing Plan (FL) $1M · 4
Symmetry Health and Fitness Inc. 401(k) Plan (SC) $1M · 7
J.J. Babbitt Company, Inc. 401(k) Profit Sharing Plan (IN) $1M · 33

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

Per Mgmt, Inc. 401(k) Plan (MA) 2 · 0 off
Frozen Smiles Retirement Plan (TN) 2 · 0 off
Prime Solutions Consulting, Inc. 401(k) Profit Sharing Plan (VA) 2 · 0 off
Celaya, Inc. 401(k) Plan (TX) 2 · 0 off

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 Mcgowan Enterprises Inc. Retirement Plan assets move in 2024? ▼

Mcgowan Enterprises Inc. Retirement Plan grew at a solid clip - up 10.3% during 2024, from $1M to $1M. Reported net income was $122K.

How have Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Mcgowan Enterprises Inc. 6490 Carlson Dr, Eden Prairie , Mn 55346's sponsor-wide assets grew 106.4%, from $635K to $1M.

Where does Mcgowan Enterprises Inc. Retirement Plan rank by assets among Form 5500 filers? ▼

Mcgowan Enterprises Inc. Retirement Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).

Which 401(k) plans are similar in size to Mcgowan Enterprises Inc. Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Drs. Korb & Merat 401(k) Savings Plan & Trust in CA ($1M, 8 participants).

Which 401(k) plans cover a similar participant headcount to Mcgowan Enterprises Inc. Retirement Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Per Mgmt, Inc. 401(k) Plan in MA (2 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 465592673.