401(k) · DOL Form 5500 · 2024

University Financial Corporation 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
319
Participants Below avg headcount
82nd
Percentile by assets National rank
$130,947
Avg per participant Near avg balance/head
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Official DOL plan name: University Financial Corporation Employee Savings Plan · Sponsored by University Financial Corporation · Minnesota · Finance & Insurance

$42M in assets, 319 participants

University Financial Corporation's University Financial Corporation Employee Savings Plan reported $42M in total assets and 319 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,166 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

University Financial Corporation Employee Savings Plan covers 319 participants in Minnesota, about 28% of the average Minnesota filer (state average ~1,126 per filing). Assets: $42M.

#6,166
in Finance & Insurance (8,549 peers)
+18.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

University Financial Corporation Employee Savings Plan's outsized position by total assets

University Financial Corporation Employee Savings Plan vs every filed plan by assets

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

$41,772,188 Top 18% higher than 82% 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

University Financial Corporation Employee Savings 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. University Financial Corporation Employee Savings Plan sits mid-pack in the medium band (319 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • University Financial Corporation Employee Savings Plan end-of-year assets rose from $35M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • University Financial Corporation Employee Savings Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • University Financial Corporation Employee Savings Plan reported participants rose from 298 in the plan year 2023 filing to 319 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411557799 · University Financial Corporation PY 2024 · 401(k)

University Financial Corporation Employee Savings Plan · $42M · 319 · 82nd

  • IND $42M
  • IND 319
  • IND 82nd
  • IND 401(k)
  • IND near 401(k) Savings Plan for Peter Marino Architect, PLLC
  • IND ind #6166

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 Finance & Insurance retirement plans → · Plans in Minnesota →

University Financial Corporation Employee Savings Plan in the asset neighbourhood

University Financial Corporation Employee Savings PlanUniversity Financial Corpora…$42M401(k) Savings Plan for Peter Marino Architect, PLLC401(k) Savings Plan for Pete…$42M401(k)/Profit Sharing Retirement Plan of the Shockey Companies401(k)/Profit Sharing Retire…$42MThe K Company, Inc. Amended and Restated Profit Sharing and Savings PlanThe K Company, Inc. Amended …$42MAmerican Rock Salt Company 401(k) PlanAmerican Rock Salt Company 4…$42M
End-of-year total assets ($M) among University Financial Corporation Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$42M
Net Income$7M
Employer EIN411557799
Plan Effective Date1985-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (University Financial Corporation)

Sponsor-wide plan assets over time

All University Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$42M 43.63625516536474% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.1M $41.8M ▲ +43.6%
Year Plans Participants Total Assets
2022 1 267 $29M
2023 1 298 $35M
2024 1 319 $42M

Nearby 401(k) Plans in Minnesota

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

University Financial Corporation Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants University Financial Corporation Employee Savings Plan, Total assets ($B): 0.041772188 · Participants: 319University Financial Corporation Employee Savings 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
University Financial Corporation Employee Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare University Financial Corporation Employee Savings Plan side-by-side with 3 peers →

University Financial Corporation Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY ($42M); by covered participants it is Northern Clearing 401(k) Plan in WI (319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (319 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 University Financial Corporation Employee Savings Plan assets move in 2024? ▼
University Financial Corporation Employee Savings Plan grew sharply - up 18.7% during 2024, from $35M to $42M. Reported net income was $7M.
How have University Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), University Financial Corporation's sponsor-wide assets grew 43.6%, from $29M to $42M.
Where does University Financial Corporation Employee Savings Plan rank by assets among Form 5500 filers? ▼
University Financial Corporation Employee Savings Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to University Financial Corporation Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Savings Plan for Peter Marino Architect, PLLC in NY ($42M, 128 participants).
Which 401(k) plans cover a similar participant headcount to University Financial Corporation Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Clearing 401(k) Plan in WI (319 participants, $26M 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 411557799.

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.