401(k) · DOL Form 5500 · 2024

Adolfson & Peterson, Inc. 401(k) Plan

Data updated 2026-08-25

$84M
Total assets Below avg plan size
578
Participants Below avg headcount
89th
Percentile by assets National rank
$145,752
Avg per participant Above avg balance/head
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Official DOL plan name: Adolfson & Peterson, Inc. Salary Savings Plan · Sponsored by Adolfson & Peterson, Inc. · Minnesota · Construction

$84M in assets, 578 participants

Adolfson & Peterson, Inc.'s Adolfson & Peterson, Inc. Salary Savings Plan reported $84M in total assets and 578 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,902 in Construction (9,039 peers)

Where Adolfson & Peterson, Inc. Salary Savings Plan sits by assets

Adolfson & Peterson, Inc. Salary Savings Plan sits in the top quartile of all filed plans by assets, $84M for 578 participants (~$145,752/participant), up 11.3% in 2024.

#7,902
in Construction (9,039 peers)
+11.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Adolfson & Peterson, Inc. Salary Savings Plan's outsized position by total assets

Adolfson & Peterson, Inc. Salary Savings Plan vs every filed plan by assets

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

$84,244,587 Top 11% higher than 89% 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

Adolfson & Peterson, Inc. Salary Savings 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. Adolfson & Peterson, Inc. Salary Savings Plan sits mid-pack in the medium band (578 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Adolfson & Peterson, Inc. Salary Savings Plan reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Adolfson & Peterson, Inc. Salary Savings Plan end-of-year assets rose from $76M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • Adolfson & Peterson, Inc. Salary Savings Plan reported participants rose from 544 in the plan year 2023 filing to 578 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410731300 · Adolfson & Peterson, Inc. PY 2024 · 401(k)

Adolfson & Peterson, Inc. Salary Savings Plan · $84M · 578 · 89th

  • EOY $84M
  • EOY 578
  • EOY 89th
  • EOY 401(k)
  • EOY near Fisher Profit Sharing and Prevailing Wage Plan
  • EOY ind #7902

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 →

Adolfson & Peterson, Inc. Salary Savings Plan in the asset neighbourhood

Sms Data Products Group, Inc. 401(k) Retirement PlanSms Data Products Group, Inc…$84MNew York Jets Club Employees Retirement PlanNew York Jets Club Employees…$84MFisher Profit Sharing and Prevailing Wage PlanFisher Profit Sharing and Pr…$84MAdolfson & Peterson, Inc. Salary Savings PlanAdolfson & Peterson, Inc. Sa…$84MVeka Holdings, Inc. and Subsidiaries Profit Sharing & 401(k) PlanVeka Holdings, Inc. and Subs…$84M
End-of-year total assets ($M) among Adolfson & Peterson, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$84M
Net Income$9M
Employer EIN410731300
Plan Effective Date1959-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adolfson & Peterson, Inc.)

Sponsor-wide plan assets over time

All Adolfson & Peterson, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$84M 29.81939351755712% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $64.9M $84.2M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 554 $65M
2023 1 544 $76M
2024 1 578 $84M

Nearby 401(k) Plans in Minnesota

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

Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Adolfson & Peterson, Inc. Salary Savings Plan, Total assets ($B): 0.084244587 · Participants: 578Adolfson & Peterson, Inc. Salary Savings 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
Adolfson & Peterson, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Adolfson & Peterson, Inc. Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fisher Profit Sharing and Prevailing Wage Plan in ND ($84M); by covered participants it is Jl Audio 401(k) Plan in FL (578 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (578 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 Adolfson & Peterson, Inc. Salary Savings Plan assets move in 2024?
Adolfson & Peterson, Inc. Salary Savings Plan grew at a solid clip - up 11.3% during 2024, from $76M to $84M. Reported net income was $9M.
How have Adolfson & Peterson, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Adolfson & Peterson, Inc.'s sponsor-wide assets grew 29.8%, from $65M to $84M.
Where does Adolfson & Peterson, Inc. Salary Savings Plan rank by assets among Form 5500 filers?
Adolfson & Peterson, Inc. Salary Savings Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Adolfson & Peterson, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fisher Profit Sharing and Prevailing Wage Plan in ND ($84M, 1,299 participants).
Which 401(k) plans cover a similar participant headcount to Adolfson & Peterson, Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Jl Audio 401(k) Plan in FL (578 participants, N/A in assets).