401(k) · DOL Form 5500 · 2024
Scott Equipment Company 401(k) Plan
Data updated 2026-08-11
- $24M
- Total assets
- 164
- Participants
- 74th
- Percentile by assets
- $147,292
- Avg per participant
Official DOL plan name: Scott Equipment Company Employees 401(k) Profit Sharing Plan · Sponsored by Scott Equipment Company · Minnesota · Manufacturing
$24M in assets, 164 participants
Scott Equipment Company's Scott Equipment Company Employees 401(k) Profit Sharing Plan reported $24M in total assets and 164 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.
- 74th percentile by assets (of 123,622 plans)
- #11,387 in Manufacturing (17,777 peers)
Coverage in Minnesota
Scott Equipment Company Employees 401(k) Profit Sharing Plan covers 164 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $24M.
- $24M
- total plan assets (2024 EOY)
- 164
- covered participants
- 74th
- percentile by assets (of 123,622 plans)
- $147,292
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Scott Equipment Company Employees 401(k) Profit Sharing Plan reported participants rose from 104 in the plan year 2023 filing to 164 in the plan year 2024 filing.
- Scott Equipment Company Employees 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Scott Equipment Company Employees 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Scott Equipment Company Employees 401(k) Profit Sharing Plan reports 164 participants - about 15% of that state average ($24M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $3M |
| Employer EIN | 410904660 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Scott Equipment Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 93 | $18M |
| 2023 | 1 | 104 | $22M |
| 2024 | 2 | 284 | $30M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Scott Equipment Company Employees 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Scott Equipment Company Employees 401(k) Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Scott Equipment Company Employees 401(k) Profit Sharing Plan assets move in 2024? ▼
How have Scott Equipment Company plan assets changed over time? ▼
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Next read for Scott Equipment Company Employees 401(k)…
Filing takeaways
Ways to act on Scott Equipment Company Employees 401(k) Profit Sharing Plan's numbers.
- By total assets, Scott Equipment Company Employees 401(k) Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Scott Equipment Company's sponsor-wide assets have grown 64.4% since 2022 across 3 plan years on file. More Manufacturing plans