401(k) · DOL Form 5500 · 2024

Nico Products, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
221
Participants Below avg headcount
65th
Percentile by assets National rank
$69,449
Avg per participant Below avg balance/head
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Official DOL plan name: The Lindgren Group 401(k) Plan · Sponsored by Nico Products, Inc. · Minnesota · Manufacturing

$15M in assets, 221 participants

Nico Products, Inc.'s The Lindgren Group 401(k) Plan reported $15M in total assets and 221 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,424 in Manufacturing (17,777 peers)

Coverage in Minnesota

The Lindgren Group 401(k) Plan covers 221 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $15M.

#9,424
in Manufacturing (17,777 peers)
+14.0%
assets growth YoY

The Lindgren Group 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Lindgren Group 401(k) Plan vs every filed plan by assets

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

$15,348,192 Top 35% higher than 65% 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

The Lindgren Group 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. The Lindgren Group 401(k) Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Lindgren Group 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Lindgren Group 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • The Lindgren Group 401(k) Plan reported participants fell from 228 in the plan year 2023 filing to 221 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410969727 · Nico Products, Inc. PY 2024 · 401(k)

The Lindgren Group 401(k) Plan · $15M · 221 · 65th

  • VS-ST $15M
  • VS-ST 221
  • VS-ST 65th
  • VS-ST 401(k)
  • VS-ST near Hurlbut Health Consulting, LLC 401(k) Plan
  • VS-ST ind #9424

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 →

The Lindgren Group 401(k) Plan in the asset neighbourhood

The Lindgren Group 401(k) PlanThe Lindgren Group 401(k) Pl…$15MHurlbut Health Consulting, LLC 401(k) PlanHurlbut Health Consulting, L…$15MThe Rabine Group 401(k) Profit Sharing PlanThe Rabine Group 401(k) Prof…$15MPantropic Power Inc.Savings & Profit Sharing PlanPantropic Power Inc.Savings …$15MTri-Mack Plastics Mfg Corp 401(k) PlanTri-Mack Plastics Mfg Corp 4…$15M
End-of-year total assets ($M) among The Lindgren Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN410969727
Plan Effective Date1988-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nico Products, Inc.)

Sponsor-wide plan assets over time

All Nico Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 38.94830269818693% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.1M $15.4M ▲ +38.9%
Year Plans Participants Total Assets
2022 1 243 $11M
2023 1 228 $13M
2024 1 221 $15M

Nearby 401(k) Plans in Minnesota

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

The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants The Lindgren Group 401(k) Plan, Total assets ($B): 0.015348192 · Participants: 221The Lindgren Group 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
The Lindgren Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The Lindgren Group 401(k) Plan side-by-side with 3 peers →

The Lindgren Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Hurlbut Health Consulting, LLC 401(k) Plan in NY ($15M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 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 The Lindgren Group 401(k) Plan assets move in 2024? ▼
The Lindgren Group 401(k) Plan grew at a solid clip - up 14.0% during 2024, from $13M to $15M. Reported net income was $2M.
How have Nico Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nico Products, Inc.'s sponsor-wide assets grew 38.9%, from $11M to $15M.
Which 401(k) plans are similar in size to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hurlbut Health Consulting, LLC 401(k) Plan in NY ($15M, 2,030 participants).
Which 401(k) plans cover a similar participant headcount to The Lindgren Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (221 participants, $2M 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 410969727.

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.