401(k) · DOL Form 5500 · 2024

Tennant Company 401(k) Plan

Data updated 2026-08-11

$450M
Total assets
1,889
Participants
97th
Percentile by assets
$238,341
Avg per participant
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Official DOL plan name: Tennant Company Retirement Savings Plan · Sponsored by Tennant Company · Minnesota · Manufacturing

$450M in assets, 1,889 participants

Tennant Company's Tennant Company Retirement Savings Plan reported $450M in total assets and 1,889 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #16,908 in Manufacturing (17,777 peers)

Where Tennant Company Retirement Savings Plan sits by assets

Tennant Company Retirement Savings Plan sits in the top 5% of all filed plans by assets, $450M for 1,889 participants (~$238,341/participant), up 6.9% in 2024.

$450M
total plan assets (2024 EOY)
1,889
covered participants
97th
percentile by assets (of 123,622 plans)
$238,341
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tennant Company Retirement Savings Plan reported net income fell from $48M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Tennant Company Retirement Savings Plan end-of-year assets rose from $421M in the plan year 2023 filing to $450M in the plan year 2024 filing.
  • Tennant Company Retirement Savings Plan reported participants rose from 1,777 in the plan year 2023 filing to 1,889 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Tennant Company Retirement Savings Plan vs the 2024 asset distribution

By assets, Tennant Company Retirement Savings Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$421M
Net Assets (End of Year)$450M
Net Income$29M
Employer EIN410572550
Plan Effective Date1944-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Tennant Company)

$350M$400M$450M$500M 202220232024 $373M $450M ▲ +20.6%
Total plan assets by year, all Tennant Company plans on file
Year Plans Participants Total Assets
2022 1 1,782 $373M
2023 1 1,777 $421M
2024 1 1,889 $450M

Nearby 401(k) Plans in Minnesota

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

Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Tennant Company Reti…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Tennant Company Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tennant Company Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Tennant Company Retirement Savings Plan assets move in 2024?
Tennant Company Retirement Savings Plan grew at a solid clip - up 6.9% during 2024, from $421M to $450M. Reported net income was $29M.
How have Tennant Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Tennant Company's sponsor-wide assets grew 20.6%, from $373M to $450M.
Where does Tennant Company Retirement Savings Plan rank by assets among Form 5500 filers?
Tennant Company Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Tennant Company Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Advantest America, Inc. Saving Plan in CA ($450M, 1,283 participants).

Next read for Tennant Company Retirement Savings Plan

Scale reading

Ways to act on Tennant Company Retirement Savings Plan's numbers.