401(k) · DOL Form 5500 · 2024

Fagen, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
906
Participants Near avg headcount
77th
Percentile by assets National rank
$32,504
Avg per participant Low balance/head
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Official DOL plan name: Fagen, Inc. 401(k) Plan · Sponsored by Fagen, Inc. · Minnesota · Construction

$29M in assets, 906 participants

Fagen, Inc.'s Fagen, Inc. 401(k) Plan reported $29M in total assets and 906 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,828 in Construction (9,039 peers)

Where Fagen, Inc. 401(k) Plan sits by assets

Fagen, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $29M for 906 participants (~$32,504/participant), up 10.0% in 2024.

#6,828
in Construction (9,039 peers)
+10.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Fagen, Inc. 401(k) Plan's outsized position by total assets

Fagen, Inc. 401(k) Plan vs every filed plan by assets

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

$29,448,633 Top 23% higher than 77% 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

Fagen, Inc. 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. Fagen, Inc. 401(k) Plan sits mid-pack in the medium band (906 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fagen, Inc. 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Fagen, Inc. 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Fagen, Inc. 401(k) Plan reported participants rose from 874 in the plan year 2023 filing to 906 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411604605 · Fagen, Inc. PY 2024 · 401(k)

Fagen, Inc. 401(k) Plan · $29M · 906 · 77th

  • RANK $29M
  • PHOTO 906
  • IND 77th
  • EOY 401(k)
  • 5500 near Savings Plan of New London County Mutual Insurance Company
  • ASSETS ind #6828

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 Construction retirement plans → · Plans in Minnesota →

Fagen, Inc. 401(k) Plan in the asset neighbourhood

Fagen, Inc. 401(k) Plan$29MSavings Plan of New London County Mutual Insurance CompanySavings Plan of New London C…$29MHarry Lawall & Son 401(k) PlanHarry Lawall & Son 401(k) Pl…$29MOrtho 401(k) Solutions$29MMayer Bros. Apple Products Inc. 401(k) Retirement PlanMayer Bros. Apple Products I…$29M
End-of-year total assets ($M) among Fagen, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$29M
Net Income$3M
Employer EIN411604605
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fagen, Inc.)

Sponsor-wide plan assets over time

All Fagen, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 27.348909397315474% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.1M $29.5M ▲ +27.4%
Year Plans Participants Total Assets
2022 1 1,019 $23M
2023 1 874 $27M
2024 1 906 $29M

Nearby 401(k) Plans in Minnesota

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

Fagen, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Fagen, Inc. 401(k) Plan, Total assets ($B): 0.029448633 · Participants: 906Fagen, Inc. 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
Fagen, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Fagen, Inc. 401(k) Plan side-by-side with 3 peers →

Fagen, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Savings Plan of New London County Mutual Insurance Company in CT ($29M); by covered participants it is Nicolet National Bank 401(k) Plan in WI (906 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (906 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 Fagen, Inc. 401(k) Plan assets move in 2024? ▼
Fagen, Inc. 401(k) Plan grew at a solid clip - up 10.0% during 2024, from $27M to $29M. Reported net income was $3M.
How have Fagen, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fagen, Inc.'s sponsor-wide assets grew 27.3%, from $23M to $29M.
Where does Fagen, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Fagen, Inc. 401(k) Plan ranks in the 77th 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 Fagen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan of New London County Mutual Insurance Company in CT ($29M, 79 participants).
Which 401(k) plans cover a similar participant headcount to Fagen, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicolet National Bank 401(k) Plan in WI (906 participants, $124M 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 411604605.

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.