401(k) · DOL Form 5500 · 2024

Central Specialties, Inc. 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
411
Participants Below avg headcount
85th
Percentile by assets National rank
$133,595
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Central Specialties, Inc. Retirement Savings Plan · Sponsored by Central Specialties, Inc. · Minnesota · Construction

$55M in assets, 411 participants

Central Specialties, Inc.'s Central Specialties, Inc. Retirement Savings Plan reported $55M in total assets and 411 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.

  • #7,542 in Construction (9,039 peers)

Coverage in Minnesota

Central Specialties, Inc. Retirement Savings Plan covers 411 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $55M.

#7,542
in Construction (9,039 peers)
+16.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Central Specialties, Inc. Retirement Savings Plan's outsized position by total assets

Central Specialties, Inc. Retirement Savings Plan vs every filed plan by assets

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

$54,907,651 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

Central Specialties, Inc. Retirement Savings 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. Central Specialties, Inc. Retirement Savings Plan sits mid-pack in the medium band (411 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Central Specialties, Inc. Retirement Savings Plan end-of-year assets rose from $47M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Central Specialties, Inc. Retirement Savings Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Central Specialties, Inc. Retirement Savings Plan reported participants rose from 362 in the plan year 2023 filing to 411 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411270987 · Central Specialties, Inc. PY 2024 · 401(k)

Central Specialties, Inc. Retirement Savings Plan · $55M · 411 · 85th

  • RANK $55M
  • PHOTO 411
  • IND 85th
  • EOY 401(k)
  • 5500 near Ks Industries, LP 401(k) Plan
  • ASSETS ind #7542

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 Construction retirement plans → · Plans in Minnesota →

Central Specialties, Inc. Retirement Savings Plan in the asset neighbourhood

Central Specialties, Inc. Retirement Savings PlanCentral Specialties, Inc. Re…$55MKs Industries, LP 401(k) Plan$55MHarbor Group Management Co. 401(k) PlanHarbor Group Management Co. …$55MLondon Fischer Profit Sharing and Savings PlanLondon Fischer Profit Sharin…$55MNouryon Chemicals Hourly Savings PlanNouryon Chemicals Hourly Sav…$55M
End-of-year total assets ($M) among Central Specialties, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$55M
Net Income$8M
Employer EIN411270987
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Specialties, Inc.)

Sponsor-wide plan assets over time

All Central Specialties, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 36.987597439122986% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.1M $54.9M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 343 $40M
2023 1 362 $47M
2024 1 411 $55M

Nearby 401(k) Plans in Minnesota

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

Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Central Specialties, Inc. Retirement Savings Plan, Total assets ($B): 0.054907651 · Participants: 411Central Specialties, Inc. Retirement Savings 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
Central Specialties, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Central Specialties, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ks Industries, LP 401(k) Plan in CA ($55M); by covered participants it is Cohn Family Corporate Profit Sharing Plan in PA (411 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (411 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 Central Specialties, Inc. Retirement Savings Plan assets move in 2024?
Central Specialties, Inc. Retirement Savings Plan grew sharply - up 16.8% during 2024, from $47M to $55M. Reported net income was $8M.
How have Central Specialties, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Central Specialties, Inc.'s sponsor-wide assets grew 37.0%, from $40M to $55M.
Where does Central Specialties, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Central Specialties, Inc. Retirement Savings 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 Central Specialties, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ks Industries, LP 401(k) Plan in CA ($55M, 1,544 participants).
Which 401(k) plans cover a similar participant headcount to Central Specialties, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Cohn Family Corporate Profit Sharing Plan in PA (411 participants, $83M in assets).