401(k) · DOL Form 5500 · 2024

Illumifin Corporation 401(k) Plan

Data updated 2026-08-11

$103M
Total assets
1,970
Participants
91st
Percentile by assets
$52,085
Avg per participant
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Official DOL plan name: Illumifin Corporation 401(k) Plan · Sponsored by Illumifin Corporation · Minnesota · Finance & Insurance

$103M in assets, 1,970 participants

Illumifin Corporation's Illumifin Corporation 401(k) Plan reported $103M in total assets and 1,970 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #7,296 in Finance & Insurance (8,549 peers)

Where Illumifin Corporation 401(k) Plan sits by assets

Illumifin Corporation 401(k) Plan sits in the top 10% of all filed plans by assets, $103M for 1,970 participants (~$52,085/participant), up 10.0% in 2024.

$103M
total plan assets (2024 EOY)
1,970
covered participants
91st
percentile by assets (of 123,622 plans)
$52,085
avg assets per participant

Where Illumifin Corporation 401(k) Plan sits by total assets

Illumifin Corporation 401(k) Plan vs every filed plan by assets

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

$102,608,097 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Illumifin Corporation 401(k) Plan reported participants rose from 358 in the plan year 2023 filing to 1,970 in the plan year 2024 filing.
  • Illumifin Corporation 401(k) Plan end-of-year assets rose from $93M in the plan year 2023 filing to $103M in the plan year 2024 filing.
  • Illumifin Corporation 401(k) Plan reported net income fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Illumifin Corporation 401(k) Plan vs the 2024 asset distribution

By assets, Illumifin Corporation 401(k) Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$103M
Net Income$9M
Employer EIN570935614
Plan Effective Date2021-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Illumifin Corporation)

$-50M$0M$50M$100M$150M 202220232024 $4.77M $103M ▲ +2051.2%
Total plan assets by year, all Illumifin Corporation plans on file
Year Plans Participants Total Assets
2022 1 329 $5M
2023 1 358 $93M
2024 1 1,970 $103M

Nearby 401(k) Plans in Minnesota

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

Illumifin Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Illumifin Corporation 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 Illumifin Corporatio…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Illumifin Corporation 401(k) 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 Illumifin Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Illumifin Corporation 401(k) Plan assets move in 2024?
Illumifin Corporation 401(k) Plan grew at a solid clip - up 10.0% during 2024, from $93M to $103M. Reported net income was $9M.
How have Illumifin Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Illumifin Corporation's sponsor-wide assets grew 2049.9%, from $5M to $103M.
Where does Illumifin Corporation 401(k) Plan rank by assets among Form 5500 filers?
Illumifin Corporation 401(k) Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Illumifin Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Magnite, Inc. Retirement Savings Plan in CA ($103M, 657 participants).

Next read for Illumifin Corporation 401(k) Plan

Scale reading

Ways to act on Illumifin Corporation 401(k) Plan's numbers.