401(k) · DOL Form 5500 · 2024

Multi-Tech Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
146
Participants Small participant base
78th
Percentile by assets National rank
$221,598
Avg per participant Above avg balance/head
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Official DOL plan name: Multi-Tech Systems, Inc. Profit Sharing and Savings Plan · Sponsored by Multi-Tech Systems, Inc. · Minnesota · Manufacturing

$32M in assets, 146 participants

Multi-Tech Systems, Inc.'s Multi-Tech Systems, Inc. Profit Sharing and Savings Plan reported $32M in total assets and 146 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,488 in Manufacturing (17,777 peers)

Coverage in Minnesota

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan covers 146 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $32M.

#12,488
in Manufacturing (17,777 peers)
-0.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $13K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan's outsized position by total assets

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan vs every filed plan by assets

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

$32,353,295 Top 22% higher than 78% 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

Multi-Tech Systems, Inc. Profit Sharing and 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. Multi-Tech Systems, Inc. Profit Sharing and Savings Plan sits mid-pack in the medium band (146 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Multi-Tech Systems, Inc. Profit Sharing and Savings Plan reported net income fell from $4M in the plan year 2023 filing to -$13K in the plan year 2024 filing.
  • Multi-Tech Systems, Inc. Profit Sharing and Savings Plan reported participants fell from 176 in the plan year 2023 filing to 146 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410968843 · Multi-Tech Systems, Inc. PY 2024 · 401(k)

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan · $32M · 146 · 78th

  • NET $32M
  • NET 146
  • NET 78th
  • NET 401(k)
  • NET near Wnc & Associates, Inc. 401(k) Profit Sharing Plan
  • NET ind #12488

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 →

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan in the asset neighbourhood

Eepb 401(k) Profit Sharing PlanEepb 401(k) Profit Sharing P…$32MThe Children's Clinic Retirement PlanThe Children's Clinic Retire…$32MMulti-Tech Systems, Inc. Profit Sharing and Savings PlanMulti-Tech Systems, Inc. Pro…$32MWnc & Associates, Inc. 401(k) Profit Sharing PlanWnc & Associates, Inc. 401(k…$32MDema Engineering Co. 401(k) PlanDema Engineering Co. 401(k) …$32M
End-of-year total assets ($M) among Multi-Tech Systems, Inc. Profit Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$32M
Net Income-$13K
Employer EIN410968843
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Multi-Tech Systems, Inc.)

Sponsor-wide plan assets over time

All Multi-Tech Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 13.78014730549102% vs 2022
2024 filing year
$28M$30M$32M$34M 202220232024 $28.4M $32.4M ▲ +13.8%
Year Plans Participants Total Assets
2022 1 203 $28M
2023 1 176 $32M
2024 1 146 $32M

Nearby 401(k) Plans in Minnesota

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

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Multi-Tech Systems, Inc. Profit Sharing and Savings Plan, Total assets ($B): 0.032353295 · Participants: 146Multi-Tech Systems, Inc. Profit Sharing and 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
Multi-Tech Systems, Inc. Profit Sharing and Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Multi-Tech Systems, Inc. Profit Sharing and Savings Plan side-by-side with 3 peers →

Multi-Tech Systems, Inc. Profit Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Wnc & Associates, Inc. 401(k) Profit Sharing Plan in CA ($32M); by covered participants it is Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (146 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (146 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 Multi-Tech Systems, Inc. Profit Sharing and Savings Plan assets move in 2024? ▼
Multi-Tech Systems, Inc. Profit Sharing and Savings Plan held essentially flat - down 0.0% during 2024, from $32M to $32M. Reported net income was -$13K.
How have Multi-Tech Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Multi-Tech Systems, Inc.'s sponsor-wide assets grew 13.8%, from $28M to $32M.
Where does Multi-Tech Systems, Inc. Profit Sharing and Savings Plan rank by assets among Form 5500 filers? ▼
Multi-Tech Systems, Inc. Profit Sharing and Savings Plan ranks in the 78th 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 Multi-Tech Systems, Inc. Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wnc & Associates, Inc. 401(k) Profit Sharing Plan in CA ($32M, 138 participants).
Which 401(k) plans cover a similar participant headcount to Multi-Tech Systems, Inc. Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (146 participants, $3M 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 410968843.

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.