401(k) · DOL Form 5500 · 2024

Aerospace Welding Minneapolis, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
153
Participants Small participant base
44th
Percentile by assets National rank
$37,400
Avg per participant Low balance/head
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Official DOL plan name: Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan · Sponsored by Aerospace Welding Minneapolis, Inc. · Minnesota · Manufacturing

$6M in assets, 153 participants

Aerospace Welding Minneapolis, Inc.'s Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported $6M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #4,935 in Manufacturing (17,777 peers)

Coverage in Minnesota

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan covers 153 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $6M.

#4,935
in Manufacturing (17,777 peers)
+33.0%
assets growth YoY

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan vs every filed plan by assets

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

$5,722,230 44th percentile higher than 44% 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

Aerospace Welding Minneapolis, Inc. 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. Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan reported participants rose from 136 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411727771 · Aerospace Welding Minneapolis, Inc. PY 2024 · 401(k)

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan · $6M · 153 · 44th

  • PART $6M
  • TYPE 153
  • NET 44th
  • BOOK 401(k)
  • VS-ST near St. Lukes Home 401(k) Plan
  • BOY ind #4935

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 →

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan in the asset neighbourhood

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing PlanAerospace Welding Minneapoli…$6MSt. Lukes Home 401(k) Plan$6MGoel & Anderson, LLC Retirement PlanGoel & Anderson, LLC Retirem…$6MThe Wellbridge Group, Inc. 401(k) Plan & TrustThe Wellbridge Group, Inc. 4…$6MAmerican Furniture Company 401(k) Profit Sharing PlanAmerican Furniture Company 4…$6M
End-of-year total assets ($M) among Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN411727771
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aerospace Welding Minneapolis, Inc.)

Sponsor-wide plan assets over time

All Aerospace Welding Minneapolis, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 82.29485405688504% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $3.14M $5.72M ▲ +82.2%
Year Plans Participants Total Assets
2022 1 128 $3M
2023 1 136 $4M
2024 1 153 $6M

Nearby 401(k) Plans in Minnesota

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

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan, Total assets ($B): 0.00572223 · Participants: 153Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing 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
Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan side-by-side with 3 peers →

Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is St. Lukes Home 401(k) Plan in ND ($6M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan assets move in 2024? ▼
Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan surged - up 33.0% during 2024, from $4M to $6M. Reported net income was $1M.
How have Aerospace Welding Minneapolis, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aerospace Welding Minneapolis, Inc.'s sponsor-wide assets grew 82.3%, from $3M to $6M.
Which 401(k) plans are similar in size to Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is St. Lukes Home 401(k) Plan in ND ($6M, 158 participants).
Which 401(k) plans cover a similar participant headcount to Aerospace Welding Minneapolis, Inc. 401 (K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A 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 411727771.

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.