401(k) · DOL Form 5500 · 2024

The Luther Holding Company 401(k) Plan

Data updated 2026-08-06

$317M
Total assets
3,910
Participants
96th
Percentile by assets
$81,076
Avg per participant
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Official DOL plan name: The Luther Holding Company Savings Plus Retirement Plan · Sponsored by The Luther Holding Company · Minnesota · Retail Trade

$317M in assets, 3,910 participants

The Luther Holding Company's The Luther Holding Company Savings Plus Retirement Plan reported $317M in total assets and 3,910 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 116,472 plans)
  • #7,436 in Retail Trade (7,620 peers)

Coverage in Minnesota

The Luther Holding Company Savings Plus Retirement Plan covers 3,910 participants in Minnesota, 3.4x the typical Minnesota plan (state average ~1,161 per filing). Assets: $317M.

$317M
total plan assets (2024 EOY)
3,910
covered participants
96th
percentile by assets (of 116,472 plans)
$81,076
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Luther Holding Company Savings Plus Retirement Plan reported net income fell from $44M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • The Luther Holding Company Savings Plus Retirement Plan end-of-year assets rose from $285M in the plan year 2023 filing to $317M in the plan year 2024 filing.
  • The Luther Holding Company Savings Plus Retirement Plan reported participants fell from 3,979 in the plan year 2023 filing to 3,910 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Retail Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. The Luther Holding Company Savings Plus Retirement Plan reports 3,910 participants - 3.4x that state average ($317M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$285M
Net Assets (End of Year)$317M
Net Income$32M
Employer EIN411655557
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Luther Holding Company)

$200M$250M$300M$350M 202220232024 $241M $317M ▲ +31.5%
Total plan assets by year, all The Luther Holding Company plans on file
Year Plans Participants Total Assets
2022 1 3,803 $241M
2023 1 3,979 $285M
2024 1 3,910 $317M

Nearby 401(k) Plans in Minnesota

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

The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants The Luther Holding C…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
The Luther Holding Company Savings Plus Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Luther Holding Company Savings Plus … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Luther Holding Company Savings Plus Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Luther Holding Company Savings Plus Retirement Plan assets move in 2024? ▼
The Luther Holding Company Savings Plus Retirement Plan grew at a solid clip - up 11.3% during 2024, from $285M to $317M. Reported net income was $32M.
How have The Luther Holding Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Luther Holding Company's sponsor-wide assets grew 31.5%, from $241M to $317M.
Where does The Luther Holding Company Savings Plus Retirement Plan rank by assets among Form 5500 filers? ▼
The Luther Holding Company Savings Plus Retirement Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Luther Holding Company Savings Plus Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Radiate Holdco, LLC Retirement Savings Plan in NJ ($317M, 3,042 participants).

Next read for The Luther Holding Company Savings Plus …

Filing takeaways

Ways to act on The Luther Holding Company Savings Plus Retirement Plan's numbers.

  • By total assets, The Luther Holding Company Savings Plus Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • The Luther Holding Company's sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Retail Trade plans

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 411655557.

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.