401(k) · DOL Form 5500 · 2024

Clearfield, Inc. 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
263
Participants Below avg headcount
83rd
Percentile by assets National rank
$168,359
Avg per participant Above avg balance/head
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Official DOL plan name: Clearfield, Inc. 401(k) Plan & Trust · Sponsored by Clearfield, Inc. · Minnesota · Manufacturing

$44M in assets, 263 participants

Clearfield, Inc.'s Clearfield, Inc. 401(k) Plan & Trust reported $44M in total assets and 263 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,452 in Manufacturing (17,777 peers)

Coverage in Minnesota

Clearfield, Inc. 401(k) Plan & Trust covers 263 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $44M.

#13,452
in Manufacturing (17,777 peers)
+8.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Clearfield, Inc. 401(k) Plan & Trust's outsized position by total assets

Clearfield, Inc. 401(k) Plan & Trust vs every filed plan by assets

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

$44,278,524 Top 17% higher than 83% 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

Clearfield, Inc. 401(k) Plan & 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. Clearfield, Inc. 401(k) Plan & Trust sits mid-pack in the medium band (263 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Clearfield, Inc. 401(k) Plan & Trust reported net income fell from $8M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Clearfield, Inc. 401(k) Plan & Trust reported participants fell from 288 in the plan year 2023 filing to 263 in the plan year 2024 filing.
  • Clearfield, Inc. 401(k) Plan & Trust end-of-year assets rose from $41M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411347235 · Clearfield, Inc. PY 2024 · 401(k)

Clearfield, Inc. 401(k) Plan & Trust · $44M · 263 · 83rd

  • EBSA $44M
  • EBSA 263
  • EBSA 83rd
  • EBSA 401(k)
  • EBSA near The Federation of State Medical Boards Thrift Retirement Plan
  • EBSA ind #13452

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 Manufacturing retirement plans → · Plans in Minnesota →

Clearfield, Inc. 401(k) Plan & Trust in the asset neighbourhood

Sacramento Basketball Holdings Retirement PlanSacramento Basketball Holdin…$44MFamous Enterprises, Inc. Employee Savings 401(k) PlanFamous Enterprises, Inc. Emp…$44MClearfield, Inc. 401(k) Plan & TrustClearfield, Inc. 401(k) Plan…$44MThe Federation of State Medical Boards Thrift Retirement PlanThe Federation of State Medi…$44MEthosenergy (West), Inc. Plan$44M
End-of-year total assets ($M) among Clearfield, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$44M
Net Income$3M
Employer EIN411347235
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clearfield, Inc.)

Sponsor-wide plan assets over time

All Clearfield, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 33.30374943141557% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.2M $44.3M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 254 $33M
2023 1 288 $41M
2024 1 263 $44M

Nearby 401(k) Plans in Minnesota

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

Clearfield, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Clearfield, Inc. 401(k) Plan & Trust, Total assets ($B): 0.044278524 · Participants: 263Clearfield, Inc. 401(k) Plan & 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
Clearfield, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Clearfield, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Clearfield, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Federation of State Medical Boards Thrift Retirement Plan in TX ($44M); by covered participants it is Cansortium Holdings 401(k) Plan in FL (263 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (263 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 Clearfield, Inc. 401(k) Plan & Trust assets move in 2024? ▼
Clearfield, Inc. 401(k) Plan & Trust grew at a solid clip - up 8.3% during 2024, from $41M to $44M. Reported net income was $3M.
How have Clearfield, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Clearfield, Inc.'s sponsor-wide assets grew 33.3%, from $33M to $44M.
Where does Clearfield, Inc. 401(k) Plan & Trust rank by assets among Form 5500 filers? ▼
Clearfield, Inc. 401(k) Plan & Trust ranks in the 83rd 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 Clearfield, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The Federation of State Medical Boards Thrift Retirement Plan in TX ($44M, 159 participants).
Which 401(k) plans cover a similar participant headcount to Clearfield, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Cansortium Holdings 401(k) Plan in FL (263 participants, $482K 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 411347235.

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.