401(k) · DOL Form 5500 · 2024
Minnesota Timberwolves Basketball, LP 401(k) Plan
Data updated 2026-08-11
- $25M
- Total assets
- 258
- Participants
- 74th
- Percentile by assets
- $96,635
- Avg per participant
Official DOL plan name: Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan · Sponsored by Minnesota Timberwolves Basketball, LP · Minnesota · Arts, Entertainment & Recreation
$25M in assets, 258 participants
Minnesota Timberwolves Basketball, LP's Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported $25M in total assets and 258 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)
- #2,472 in Arts, Entertainment & Recreation (2,921 peers)
Coverage in Minnesota
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan covers 258 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.
- $25M
- total plan assets (2024 EOY)
- 258
- covered participants
- 74th
- percentile by assets (of 123,622 plans)
- $96,635
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported participants rose from 233 in the plan year 2023 filing to 258 in the plan year 2024 filing.
- Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan reports 258 participants - about 23% of that state average ($25M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | $25M |
| Net Income | $5M |
| Employer EIN | 411796677 |
| Plan Effective Date | 1997-06-12 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Minnesota Timberwolves Basketball, LP)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 182 | $14M |
| 2023 | 1 | 233 | $20M |
| 2024 | 1 | 258 | $25M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and 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 Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan by total assets, not by location.
- Veristat, LLC 401(k) Profit Sharing Plan (MA) $25M · 224
- The Plote Companies 401(k) Plan (IL) $25M · 129
- Novacoast, Inc. 401(k) Plan (UT) $25M · 325
- Anesthesia Consultants of Fresno 401(k) Profit Sharing Plan (CA) $25M · 15
Frequently Asked Questions
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Filing takeaways
Ways to act on Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan's numbers.
- By total assets, Minnesota Timberwolves Basketball Limited Partnership Employee Savings and 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
- Minnesota Timberwolves Basketball, LP's sponsor-wide assets have grown 73.6% since 2022 across 3 plan years on file. More Arts, Entertainment & Recreation plans