401(k) · DOL Form 5500 · 2024

Hanco Corp. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
29
Participants Small participant base
31st
Percentile by assets National rank
$82,052
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanco Corp. Retirement Plan · Sponsored by Hanco Corp. · Minnesota · Wholesale Trade

$2M in assets, 29 participants

Hanco Corp.'s Hanco Corp. Retirement Plan reported $2M in total assets and 29 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,250 in Wholesale Trade (6,080 peers)

Hanco Corp. multi-year trail

Hanco Corp.'s plans moved +42.7% in assets from 2022 to 2024; this filing shows Hanco Corp. Retirement Plan at $2M / 29 participants.

#1,250
in Wholesale Trade (6,080 peers)
+16.7%
assets growth YoY

Hanco Corp. Retirement Plan among the smaller filed plans by assets

Hanco Corp. Retirement Plan vs every filed plan by assets

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

$2,379,496 31st percentile higher than 31% 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

Hanco Corp. Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanco Corp. Retirement Plan is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hanco Corp. Retirement Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hanco Corp. Retirement Plan reported participants rose from 25 in the plan year 2023 filing to 29 in the plan year 2024 filing.
  • Hanco Corp. Retirement Plan reported net income fell from $371K in the plan year 2023 filing to $341K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 201691411 · Hanco Corp. PY 2024 · 401(k)

Hanco Corp. Retirement Plan · $2M · 29 · 31st

  • VS-ST $2M
  • VS-ST 29
  • VS-ST 31st
  • VS-ST 401(k)
  • VS-ST near Frank a Sharp Dds Ms PC 401(k) Profit Sharing Plan
  • VS-ST ind #1250

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Hanco Corp. Retirement Plan in the asset neighbourhood

Hanco Corp. Retirement Plan$2MFrank a Sharp Dds Ms PC 401(k) Profit Sharing PlanFrank a Sharp Dds Ms PC 401(…$2MLive Eyewear, Inc. 401(k) PlanLive Eyewear, Inc. 401(k) Pl…$2MScd Information Technology, LLC 401(k) Profit Sharing PlanScd Information Technology, …$2MKalliopeia Foundation 401(k) PlanKalliopeia Foundation 401(k)…$2M
End-of-year total assets ($M) among Hanco Corp. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hanco Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Hanco Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 42.71415856382353% vs 2022
2024 filing year
$1.5M$2M$2.5M 202220232024 $1.67M $2.38M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 25 $2M
2023 1 25 $2M
2024 1 29 $2M

Hanco Corp. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$341K
Employer EIN201691411
Plan Effective Date1986-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Hanco Corp. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Hanco Corp. Retirement Plan, Total assets ($B): 0.002379496 · Participants: 29Hanco Corp. Retirement 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
Hanco Corp. Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Hanco Corp. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Frank a Sharp Dds Ms PC 401(k) Profit Sharing Plan in MO ($2M); by covered participants it is Therapy Systems Dme Inc. 401(k) Plan in MD (29 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (29 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 Hanco Corp. Retirement Plan assets move in 2024?
Hanco Corp. Retirement Plan grew sharply - up 16.7% during 2024, from $2M to $2M. Reported net income was $341K.
How have Hanco Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanco Corp.'s sponsor-wide assets grew 42.7%, from $2M to $2M.
Which 401(k) plans are similar in size to Hanco Corp. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Frank a Sharp Dds Ms PC 401(k) Profit Sharing Plan in MO ($2M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Hanco Corp. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Therapy Systems Dme Inc. 401(k) Plan in MD (29 participants, $864K in assets).