401(k) · DOL Form 5500 · 2024

Bachman's Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
706
Participants Below avg headcount
80th
Percentile by assets National rank
$50,226
Avg per participant Low balance/head
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Official DOL plan name: Bachman's 401(k) Retirement Savings Plan · Sponsored by Bachman's Inc. · Minnesota · Retail Trade

$35M in assets, 706 participants

Bachman's Inc.'s Bachman's 401(k) Retirement Savings Plan reported $35M in total assets and 706 participants in its 2024 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.

  • #7,090 in Retail Trade (8,048 peers)

Where Bachman's 401(k) Retirement Savings Plan sits by assets

Bachman's 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $35M for 706 participants (~$50,226/participant), down 9.2% in 2024.

#7,090
in Retail Trade (8,048 peers)
-9.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bachman's 401(k) Retirement Savings Plan's outsized position by total assets

Bachman's 401(k) Retirement Savings Plan vs every filed plan by assets

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

$35,459,321 Top 20% higher than 80% 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

Bachman's 401(k) Retirement 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. Bachman's 401(k) Retirement Savings Plan sits mid-pack in the medium band (706 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bachman's 401(k) Retirement Savings Plan reported net income fell from $2M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Bachman's 401(k) Retirement Savings Plan end-of-year assets fell from $39M in the plan year 2023 filing to $35M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411708088 · Bachman's Inc. PY 2024 · 401(k)

Bachman's 401(k) Retirement Savings Plan · $35M · 706 · 80th

  • NET $35M
  • NET 706
  • NET 80th
  • NET 401(k)
  • NET near Gbbn Architects, Inc. 401(k) Savings Plan
  • NET ind #7090

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 Retail Trade retirement plans → · Plans in Minnesota →

Bachman's 401(k) Retirement Savings Plan in the asset neighbourhood

Bachman's 401(k) Retirement Savings PlanBachman's 401(k) Retirement …$35MGbbn Architects, Inc. 401(k) Savings PlanGbbn Architects, Inc. 401(k)…$35MFms 401(k) Profit Sharing Plan and TrustFms 401(k) Profit Sharing Pl…$35MSignature Bancorp, Inc. Retirement Savings PlanSignature Bancorp, Inc. Reti…$35MMori Associates, Inc. 401(k) Plan and TrustMori Associates, Inc. 401(k)…$35M
End-of-year total assets ($M) among Bachman's 401(k) Retirement 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)$39M
Net Assets (End of Year)$35M
Net Income-$4M
Employer EIN411708088
Plan Effective Date1979-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bachman's Inc.)

Sponsor-wide plan assets over time

All Bachman's Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 1.8180717638860688% vs 2022
2024 filing year
$48M$49M$50M$51M$52M$53M 202220232024 $50.1M $49.2M ▼ -1.8%
Year Plans Participants Total Assets
2022 2 679 $50M
2023 2 806 $52M
2024 2 807 $49M

Nearby 401(k) Plans in Minnesota

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

Bachman's 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Bachman's 401(k) Retirement Savings Plan, Total assets ($B): 0.035459321 · Participants: 706Bachman's 401(k) Retirement 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
Bachman's 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Bachman's 401(k) Retirement Savings Plan side-by-side with 3 peers →

Bachman's 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Gbbn Architects, Inc. 401(k) Savings Plan in OH ($35M); by covered participants it is Custone 401(k) Plan in WA (706 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (706 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 Bachman's 401(k) Retirement Savings Plan assets move in 2024? ▼
Bachman's 401(k) Retirement Savings Plan pulled back noticeably - down 9.2% during 2024, from $39M to $35M. Reported net income was -$4M.
How have Bachman's Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bachman's Inc.'s sponsor-wide assets declined 1.8%, from $50M to $49M.
Where does Bachman's 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Bachman's 401(k) Retirement Savings Plan ranks in the 80th 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 Bachman's 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gbbn Architects, Inc. 401(k) Savings Plan in OH ($35M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Bachman's 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Custone 401(k) Plan in WA (706 participants, $16M 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 411708088.

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.