401(k) · DOL Form 5500 · 2024

Minnwest Corporation 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
403
Participants Below avg headcount
88th
Percentile by assets National rank
$179,798
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Minnwest Corporation 401(k) Plan · Sponsored by Minnwest Corporation · Minnesota · Finance & Insurance

$72M in assets, 403 participants

Minnwest Corporation's Minnwest Corporation 401(k) Plan reported $72M in total assets and 403 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #6,942 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Minnwest Corporation 401(k) Plan covers 403 participants in Minnesota, about 36% of the average Minnesota filer (state average ~1,126 per filing). Assets: $72M.

#6,942
in Finance & Insurance (8,549 peers)
+9.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Minnwest Corporation 401(k) Plan's outsized position by total assets

Minnwest Corporation 401(k) Plan vs every filed plan by assets

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

$72,458,629 Top 12% higher than 88% 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

Minnwest Corporation 401(k) 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. Minnwest Corporation 401(k) Plan sits mid-pack in the medium band (403 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minnwest Corporation 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Minnwest Corporation 401(k) Plan end-of-year assets rose from $66M in the plan year 2023 filing to $72M in the plan year 2024 filing.
  • Minnwest Corporation 401(k) Plan reported participants fell from 419 in the plan year 2023 filing to 403 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411549950 · Minnwest Corporation PY 2024 · 401(k)

Minnwest Corporation 401(k) Plan · $72M · 403 · 88th

  • PART $72M
  • PART 403
  • PART 88th
  • PART 401(k)
  • PART near Telenav, Inc. 401(k) Plan
  • PART ind #6942

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Minnwest Corporation 401(k) Plan in the asset neighbourhood

Tasc 401(k) Plan$72MMinnwest Corporation 401(k) PlanMinnwest Corporation 401(k) …$72MTelenav, Inc. 401(k) Plan$72MTf Cornerstone Inc. 401(k) PlanTf Cornerstone Inc. 401(k) P…$72MLease Crutcher Lewis 401(k) Salary Deferral & Retirement Savings PlanLease Crutcher Lewis 401(k) …$72M
End-of-year total assets ($M) among Minnwest Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$72M
Net Income$6M
Employer EIN411549950
Plan Effective Date1987-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnwest Corporation)

Sponsor-wide plan assets over time

All Minnwest Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$77M 25.960195922340528% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.3M $77.3M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 806 $61M
2023 2 765 $70M
2024 2 746 $77M

Nearby 401(k) Plans in Minnesota

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

Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Minnwest Corporation 401(k) Plan, Total assets ($B): 0.072458629 · Participants: 403Minnwest Corporation 401(k) 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
Minnwest Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Minnwest Corporation 401(k) Plan side-by-side with 3 peers →

Minnwest Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Telenav, Inc. 401(k) Plan in CA ($72M); by covered participants it is Envirovac Holdings, LLC 401(k) Profit Sharing Plan in GA (403 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($72M here).

Similar participant headcount

Nearest other-state filings by covered participants (403 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 Minnwest Corporation 401(k) Plan assets move in 2024? ▼
Minnwest Corporation 401(k) Plan grew at a solid clip - up 9.0% during 2024, from $66M to $72M. Reported net income was $6M.
How have Minnwest Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnwest Corporation's sponsor-wide assets grew 26.0%, from $61M to $77M.
Where does Minnwest Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Minnwest Corporation 401(k) Plan ranks in the 88th 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 Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Telenav, Inc. 401(k) Plan in CA ($72M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Minnwest Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Envirovac Holdings, LLC 401(k) Profit Sharing Plan in GA (403 participants, $6M 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 411549950.

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.