401(k) · DOL Form 5500 · 2024

Standard Iron & Wire Works, LLC 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
355
Participants Below avg headcount
76th
Percentile by assets National rank
$75,783
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Standard Iron 401(k) Retirement Plan · Sponsored by Standard Iron & Wire Works, LLC · Minnesota · Manufacturing

$27M in assets, 355 participants

Standard Iron & Wire Works, LLC's Standard Iron 401(k) Retirement Plan reported $27M in total assets and 355 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #11,807 in Manufacturing (17,777 peers)

Coverage in Minnesota

Standard Iron 401(k) Retirement Plan covers 355 participants in Minnesota, about 32% of the average Minnesota filer (state average ~1,126 per filing). Assets: $27M.

#11,807
in Manufacturing (17,777 peers)
+2.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Standard Iron 401(k) Retirement Plan's outsized position by total assets

Standard Iron 401(k) Retirement Plan vs every filed plan by assets

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

$26,903,010 Top 24% higher than 76% 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

Standard Iron 401(k) Retirement 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. Standard Iron 401(k) Retirement Plan sits mid-pack in the medium band (355 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Standard Iron 401(k) Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $665K in the plan year 2024 filing.
  • Standard Iron 401(k) Retirement Plan end-of-year assets rose from $26M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Standard Iron 401(k) Retirement Plan reported participants rose from 351 in the plan year 2023 filing to 355 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410652355 · Standard Iron & Wire Works, LLC PY 2024 · 401(k)

Standard Iron 401(k) Retirement Plan · $27M · 355 · 76th

  • TYPE $27M
  • TYPE 355
  • TYPE 76th
  • TYPE 401(k)
  • TYPE near American-Amicable Life Insurance Company Retirement and Savings Plan
  • TYPE ind #11807

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 →

Standard Iron 401(k) Retirement Plan in the asset neighbourhood

Letter Systems, Inc. Employee Stock Ownership 401(k) PlanLetter Systems, Inc. Employe…$27MMission Healthcare Services, LLC 401(k) PlanMission Healthcare Services,…$27MStandard Iron 401(k) Retirement PlanStandard Iron 401(k) Retirem…$27MAmerican-Amicable Life Insurance Company Retirement and Savings PlanAmerican-Amicable Life Insur…$27MKraft Power Corporation 401(k) Profit Sharing PlanKraft Power Corporation 401(…$27M
End-of-year total assets ($M) among Standard Iron 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$27M
Net Income$665K
Employer EIN410652355
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Standard Iron & Wire Works, LLC)

Sponsor-wide plan assets over time

All Standard Iron & Wire Works, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$27M 21.97820896809502% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.1M $26.9M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 344 $22M
2023 1 351 $26M
2024 1 355 $27M

Nearby 401(k) Plans in Minnesota

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

Standard Iron 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Standard Iron 401(k) Retirement Plan, Total assets ($B): 0.02690301 · Participants: 355Standard Iron 401(k) Retirement 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
Standard Iron 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Standard Iron 401(k) Retirement Plan side-by-side with 3 peers →

Standard Iron 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is American-Amicable Life Insurance Company Retirement and Savings Plan in TX ($27M); by covered participants it is Koroseal Interior Products Retirement Savings Plan and Trust in OH (355 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (355 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 Standard Iron 401(k) Retirement Plan assets move in 2024? ▼
Standard Iron 401(k) Retirement Plan edged up modestly - up 2.5% during 2024, from $26M to $27M. Reported net income was $665K.
How have Standard Iron & Wire Works, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Standard Iron & Wire Works, LLC's sponsor-wide assets grew 22.0%, from $22M to $27M.
Where does Standard Iron 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Standard Iron 401(k) Retirement Plan ranks in the 76th 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 Standard Iron 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is American-Amicable Life Insurance Company Retirement and Savings Plan in TX ($27M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Standard Iron 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Koroseal Interior Products Retirement Savings Plan and Trust in OH (355 participants, $35M 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 410652355.

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.