401(k) · DOL Form 5500 · 2024

Altorfer Inc. 401(k) Plan

Data updated 2026-08-11

$163M
Total assets
885
Participants
93rd
Percentile by assets
$183,980
Avg per participant
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Official DOL plan name: Altorfer Retirement Plan · Sponsored by Altorfer Inc. · Iowa · Wholesale Trade

$163M in assets, 885 participants

Altorfer Inc.'s Altorfer Retirement Plan reported $163M in total assets and 885 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #5,759 in Wholesale Trade (6,080 peers)

Where Altorfer Retirement Plan sits by assets

Altorfer Retirement Plan sits in the top 10% of all filed plans by assets, $163M for 885 participants (~$183,980/participant), up 12.7% in 2024.

$163M
total plan assets (2024 EOY)
885
covered participants
93rd
percentile by assets (of 123,622 plans)
$183,980
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Altorfer Retirement Plan reported net income fell from $25M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Altorfer Retirement Plan end-of-year assets rose from $145M in the plan year 2023 filing to $163M in the plan year 2024 filing.
  • Altorfer Retirement Plan reported participants rose from 833 in the plan year 2023 filing to 885 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Altorfer Retirement Plan vs the 2024 asset distribution

By assets, Altorfer Retirement Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$145M
Net Assets (End of Year)$163M
Net Income$17M
Employer EIN420788540
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altorfer Inc.)

$140M$160M$180M$200M 202220232024 $153M $191M ▲ +24.9%
Total plan assets by year, all Altorfer Inc. plans on file
Year Plans Participants Total Assets
2022 3 1,126 $153M
2023 3 1,164 $181M
2024 2 1,084 $191M

Nearby 401(k) Plans in Iowa

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

Altorfer Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Altorfer Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Altorfer Retirement …The Principal Select…The Rsm US LLP Retir…Iowa Health System S…The Hy-Vee and Affil…Transamerica 401(k) …
Altorfer Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Altorfer Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Altorfer Retirement Plan assets move in 2024?
Altorfer Retirement Plan grew at a solid clip - up 12.7% during 2024, from $145M to $163M. Reported net income was $17M.
How have Altorfer Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Altorfer Inc.'s sponsor-wide assets grew 24.9%, from $153M to $191M.
Where does Altorfer Retirement Plan rank by assets among Form 5500 filers?
Altorfer Retirement Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Altorfer Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Murata Electronics North America, Inc. Employees' Retirement Savings Plan in GA ($163M, 484 participants).

Scale reading

Ways to act on Altorfer Retirement Plan's numbers.