401(k) · DOL Form 5500 · 2024

Identisys Incorporated 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
125
Participants Small participant base
66th
Percentile by assets National rank
$127,597
Avg per participant Near avg balance/head
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Official DOL plan name: Identisys Incorporated 401(k) Profit Sharing Plan and Trust · Sponsored by Identisys Incorporated · Minnesota · Other Services

$16M in assets, 125 participants

Identisys Incorporated's Identisys Incorporated 401(k) Profit Sharing Plan and Trust reported $16M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #6,244 in Other Services (7,719 peers)

Coverage in Minnesota

Identisys Incorporated 401(k) Profit Sharing Plan and Trust covers 125 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $16M.

#6,244
in Other Services (7,719 peers)
+10.1%
assets growth YoY

Identisys Incorporated 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Other Services and all filers

Identisys Incorporated 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$15,949,664 Top 34% higher than 66% 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

Identisys Incorporated 401(k) Profit Sharing Plan and Trust 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. Identisys Incorporated 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Identisys Incorporated 401(k) Profit Sharing Plan and Trust reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Identisys Incorporated 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411938567 · Identisys Incorporated PY 2024 · 401(k)

Identisys Incorporated 401(k) Profit Sharing Plan and Trust · $16M · 125 · 66th

  • PHOTO $16M
  • PHOTO 125
  • PHOTO 66th
  • PHOTO 401(k)
  • PHOTO near Polinger Company 401(k) Plan
  • PHOTO ind #6244

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 Other Services retirement plans → · Plans in Minnesota →

Identisys Incorporated 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Identisys Incorporated 401(k) Profit Sharing Plan and TrustIdentisys Incorporated 401(k…$16MPolinger Company 401(k) Plan$16MAmerican Federation of Teachers Aftsu National Representative Staff Retirement Plan and TrustAmerican Federation of Teach…$16MWilliams Hart & Boundas, LLP 401(k) PlanWilliams Hart & Boundas, LLP…$16MAspen Environmental Group 401(k) Salary Reduction Plan and TrustAspen Environmental Group 40…$16M
End-of-year total assets ($M) among Identisys Incorporated 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN411938567
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Identisys Incorporated)

Sponsor-wide plan assets over time

All Identisys Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$16M 34.45495575580072% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.9M $16M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 120 $12M
2023 1 124 $14M
2024 1 125 $16M

Nearby 401(k) Plans in Minnesota

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

Identisys Incorporated 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Identisys Incorporated 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.015949664 · Participants: 125Identisys Incorporated 401(k) Profit Sharing Plan and TrustWells 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
Identisys Incorporated 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Identisys Incorporated 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Polinger Company 401(k) Plan in MD ($16M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Identisys Incorporated 401(k) Profit Sharing Plan and Trust assets move in 2024?
Identisys Incorporated 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 10.1% during 2024, from $14M to $16M. Reported net income was $1M.
How have Identisys Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Identisys Incorporated's sponsor-wide assets grew 34.5%, from $12M to $16M.
Which 401(k) plans are similar in size to Identisys Incorporated 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Polinger Company 401(k) Plan in MD ($16M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Identisys Incorporated 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M in assets).