401(k) · DOL Form 5500 · 2024
Minnesota Timberwolves Basketball, LP 401(k) Plan
Data updated 2026-08-25
- $25M
- Total assets Below avg plan size
- 258
- Participants Below avg headcount
- 74th
- Percentile by assets National rank
- $96,635
- Avg per participant Below avg balance/head
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.
- #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.
- #2,472
- in Arts, Entertainment & Recreation (2,921 peers)
- +26.1%
- assets growth YoY
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan's outsized position by total assets
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$24,931,863 Top 26% higher than 74% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and 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. Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan sits mid-pack in the medium band (258 participants).
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.
Plan-year Form 5500 strip
Filing strip 411796677 · Minnesota Timberwolves Basketball, LP PY 2024 · 401(k)
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan · $25M · 258 · 74th
- BOOK $25M
- BOOK 258
- BOOK 74th
- BOOK 401(k)
- BOOK near Veristat, LLC 401(k) Profit Sharing Plan
- BOOK ind #2472
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 Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Minnesota Timberwolves Basketball, LP plans reported in each filing year
- Latest sponsor-wide plan assets
- $25M 73.63869219510265% vs 2022
- 2024 filing year
| 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.
- 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
Minnesota Timberwolves Basketball Limited Partnership Employee Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Veristat, LLC 401(k) Profit Sharing Plan in MA ($25M); by covered participants it is Momomilk, LLC 401(k) Profit Sharing Plan in NY (258 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($25M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (258 participants); asset peers above are excluded.
- Momomilk, LLC 401(k) Profit Sharing Plan (NY) 258 · 0 off
- Clow Valve Company Hourly 401(k) Retirement Plan (AL) 258 · 0 off
- St. Petersburg Pediatrics 401(k) Plan (FL) 258 · 0 off
- R.S.M. Electron Power, Inc 401(k) Plan (NY) 258 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.