401(k) · DOL Form 5500 · 2024

Boyum & Barenscheer, Pllp 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
128
Participants Small participant base
74th
Percentile by assets National rank
$194,903
Avg per participant Above avg balance/head
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Official DOL plan name: Boyum & Barenscheer Pllp Profit Sharing Plan · Sponsored by Boyum & Barenscheer, Pllp · Minnesota · Professional & Technical Services

$25M in assets, 128 participants

Boyum & Barenscheer, Pllp's Boyum & Barenscheer Pllp Profit Sharing Plan reported $25M in total assets and 128 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #14,940 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Boyum & Barenscheer Pllp Profit Sharing Plan covers 128 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#14,940
in Professional & Technical Services (20,173 peers)
+3.4%
assets growth YoY

Boyum & Barenscheer Pllp Profit Sharing Plan's outsized position by total assets

Boyum & Barenscheer Pllp Profit Sharing Plan vs every filed plan by assets

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

$24,947,547 Top 26% higher than 74% 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

Boyum & Barenscheer Pllp Profit Sharing 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. Boyum & Barenscheer Pllp Profit Sharing Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Boyum & Barenscheer Pllp Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $809K in the plan year 2024 filing.
  • Boyum & Barenscheer Pllp Profit Sharing Plan reported participants fell from 135 in the plan year 2023 filing to 128 in the plan year 2024 filing.
  • Boyum & Barenscheer Pllp Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 416192096 · Boyum & Barenscheer, Pllp PY 2024 · 401(k)

Boyum & Barenscheer Pllp Profit Sharing Plan · $25M · 128 · 74th

  • SCH $25M
  • EBSA 128
  • PART 74th
  • TYPE 401(k)
  • NET near Adtalem Global Education, Inc. 401(k) Plan for Visiting Professors
  • BOOK ind #14940

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Boyum & Barenscheer Pllp Profit Sharing Plan in the asset neighbourhood

Boyum & Barenscheer Pllp Profit Sharing PlanBoyum & Barenscheer Pllp Pro…$25MAdtalem Global Education, Inc. 401(k) Plan for Visiting ProfessorsAdtalem Global Education, In…$25MStockton Hematology & Oncology Medical Group Profit Sharing & 401(k) PlanStockton Hematology & Oncolo…$25MSdi Stores, LLC 401(k) Plan$25MCardiology Center of Amarillo, LLP 401(k) PlanCardiology Center of Amarill…$25M
End-of-year total assets ($M) among Boyum & Barenscheer Pllp Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$25M
Net Income$809K
Employer EIN416192096
Plan Effective Date1987-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boyum & Barenscheer, Pllp)

Sponsor-wide plan assets over time

All Boyum & Barenscheer, Pllp plans reported in each filing year

Latest sponsor-wide plan assets
$25M 3.3529159760086626% vs 2023
2024 filing year
$24M$24.5M$25M$25.5M 20232024 $24.1M $25M ▲ +3.4%
Year Plans Participants Total Assets
2023 1 135 $24M
2024 1 128 $25M

Nearby 401(k) Plans in Minnesota

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

Boyum & Barenscheer Pllp Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Boyum & Barenscheer Pllp Profit Sharing Plan, Total assets ($B): 0.024947547 · Participants: 128Boyum & Barenscheer Pllp Profit Sharing 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
Boyum & Barenscheer Pllp Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Boyum & Barenscheer Pllp Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Adtalem Global Education, Inc. 401(k) Plan for Visiting Professors in IL ($25M); by covered participants it is Kingland Systems, LLC 401(k) Plan in IA (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Boyum & Barenscheer Pllp Profit Sharing Plan assets move in 2024? ▼
Boyum & Barenscheer Pllp Profit Sharing Plan edged up modestly - up 3.4% during 2024, from $24M to $25M. Reported net income was $809K.
How have Boyum & Barenscheer, Pllp plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Boyum & Barenscheer, Pllp's sponsor-wide assets grew 3.4%, from $24M to $25M.
Which 401(k) plans are similar in size to Boyum & Barenscheer Pllp Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Adtalem Global Education, Inc. 401(k) Plan for Visiting Professors in IL ($25M, 4,301 participants).
Which 401(k) plans cover a similar participant headcount to Boyum & Barenscheer Pllp Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kingland Systems, LLC 401(k) Plan in IA (128 participants, $18M in assets).