401(k) · DOL Form 5500 · 2024
Boyum & Barenscheer, Pllp 401(k) Plan
Data updated 2026-08-11
- $25M
- Total assets
- 128
- Participants
- 74th
- Percentile by assets
- $194,903
- Avg per participant
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.
- 74th percentile by assets (of 123,622 plans)
- #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.
- $25M
- total plan assets (2024 EOY)
- 128
- covered participants
- 74th
- percentile by assets (of 123,622 plans)
- $194,903
- avg assets per participant
Where Boyum & Barenscheer Pllp Profit Sharing Plan sits 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
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
- 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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Boyum & Barenscheer Pllp Profit Sharing Plan reports 128 participants - about 11% of that state average ($25M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $24M |
|---|---|
| Net Assets (End of Year) | $25M |
| Net Income | $809K |
| Employer EIN | 416192096 |
| Plan Effective Date | 1987-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Boyum & Barenscheer, Pllp)
| 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
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Boyum & Barenscheer Pllp Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Boyum & Barenscheer Pllp Profit Sharing Plan assets move in 2024? ▼
How have Boyum & Barenscheer, Pllp plan assets changed over time? ▼
Which 401(k) plans are similar in size to Boyum & Barenscheer Pllp Profit Sharing Plan? ▼
Next read for Boyum & Barenscheer Pllp Profit Sharing …
Filing takeaways
Ways to act on Boyum & Barenscheer Pllp Profit Sharing Plan's numbers.
- By total assets, Boyum & Barenscheer Pllp Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Boyum & Barenscheer, Pllp's sponsor-wide assets have grown 3.4% since 2023 across 2 plan years on file. More Professional & Technical Services plans