401(k) · DOL Form 5500 · 2024

Steffes, LLC 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
576
Participants Below avg headcount
85th
Percentile by assets National rank
$94,073
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Steffes Employees' 401(k) Profit Sharing Plan · Sponsored by Steffes, LLC · North Dakota · Manufacturing

$54M in assets, 576 participants

Steffes, LLC's Steffes Employees' 401(k) Profit Sharing Plan reported $54M in total assets and 576 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #13,977 in Manufacturing (17,777 peers)

Where Steffes Employees' 401(k) Profit Sharing Plan sits by assets

Steffes Employees' 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $54M for 576 participants (~$94,073/participant), up 14.7% in 2024.

#13,977
in Manufacturing (17,777 peers)
+14.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Steffes Employees' 401(k) Profit Sharing Plan's outsized position by total assets

Steffes Employees' 401(k) Profit Sharing Plan vs every filed plan by assets

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

$54,186,007 Top 15% higher than 85% 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

Steffes Employees' 401(k) Profit Sharing 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. Steffes Employees' 401(k) Profit Sharing Plan sits mid-pack in the medium band (576 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steffes Employees' 401(k) Profit Sharing Plan reported net income fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Steffes Employees' 401(k) Profit Sharing Plan reported participants rose from 468 in the plan year 2023 filing to 576 in the plan year 2024 filing.
  • Steffes Employees' 401(k) Profit Sharing Plan end-of-year assets rose from $47M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 450320555 · Steffes, LLC PY 2024 · 401(k)

Steffes Employees' 401(k) Profit Sharing Plan · $54M · 576 · 85th

  • PCT $54M
  • PCT 576
  • PCT 85th
  • PCT 401(k)
  • PCT near Soprema-Convoy USA 401(k) Plan
  • PCT ind #13977

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 North Dakota →

Steffes Employees' 401(k) Profit Sharing Plan in the asset neighbourhood

Beacon Pointe 401(k) Plan$54MCurana Health LLC 401(k) Plan$54MSteffes Employees' 401(k) Profit Sharing PlanSteffes Employees' 401(k) Pr…$54MSoprema-Convoy USA 401(k) PlanSoprema-Convoy USA 401(k) Pl…$54MTrafigura Trading LLC Retirement Savings PlanTrafigura Trading LLC Retire…$54M
End-of-year total assets ($M) among Steffes Employees' 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$54M
Net Income$7M
Employer EIN450320555
Plan Effective Date1991-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steffes, LLC)

Sponsor-wide plan assets over time

All Steffes, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$54M 43.470449806782504% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $37.8M $54.2M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 361 $38M
2023 1 468 $47M
2024 1 576 $54M

Nearby 401(k) Plans in North Dakota

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

Steffes Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Steffes Employees' 401(k) Profit Sharing Plan, Total assets ($B): 0.054186007 · Participants: 576Steffes Employees' 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Steffes Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Steffes Employees' 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Soprema-Convoy USA 401(k) Plan in OH ($54M); by covered participants it is Attentive Mobile 401(k) Plan in NY (576 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($54M here).

Similar participant headcount

Nearest other-state filings by covered participants (576 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 Steffes Employees' 401(k) Profit Sharing Plan assets move in 2024?
Steffes Employees' 401(k) Profit Sharing Plan grew at a solid clip - up 14.7% during 2024, from $47M to $54M. Reported net income was $7M.
How have Steffes, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Steffes, LLC's sponsor-wide assets grew 43.5%, from $38M to $54M.
Where does Steffes Employees' 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Steffes Employees' 401(k) Profit Sharing Plan ranks in the 85th 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 Steffes Employees' 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Soprema-Convoy USA 401(k) Plan in OH ($54M, 807 participants).
Which 401(k) plans cover a similar participant headcount to Steffes Employees' 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Attentive Mobile 401(k) Plan in NY (576 participants, $17M in assets).