401(k) · DOL Form 5500 · 2024

Room & Board, Inc. 401(k) Plan

Data updated 2026-08-11

$157M
Total assets
1,092
Participants
93rd
Percentile by assets
$143,987
Avg per participant
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Official DOL plan name: Room & Board 401(k) Plan · Sponsored by Room & Board, Inc. · Minnesota · Retail Trade

$157M in assets, 1,092 participants

Room & Board, Inc.'s Room & Board 401(k) Plan reported $157M in total assets and 1,092 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #7,733 in Retail Trade (8,048 peers)

Where Room & Board 401(k) Plan sits by assets

Room & Board 401(k) Plan sits in the top 10% of all filed plans by assets, $157M for 1,092 participants (~$143,987/participant), up 12.4% in 2024.

$157M
total plan assets (2024 EOY)
1,092
covered participants
93rd
percentile by assets (of 123,622 plans)
$143,987
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Room & Board 401(k) Plan reported net income fell from $23M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Room & Board 401(k) Plan end-of-year assets rose from $140M in the plan year 2023 filing to $157M in the plan year 2024 filing.
  • Room & Board 401(k) Plan reported participants fell from 1,126 in the plan year 2023 filing to 1,092 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Room & Board 401(k) Plan vs the 2024 asset distribution

By assets, Room & Board 401(k) Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$157M
Net Income$17M
Employer EIN411384146
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Room & Board, Inc.)

$100M$120M$140M$160M$180M 202220232024 $117M $168M ▲ +44.0%
Total plan assets by year, all Room & Board, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,032 $117M
2023 1 1,126 $140M
2024 2 2,122 $168M

Nearby 401(k) Plans in Minnesota

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

Room & Board 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Frequently Asked Questions

How did Room & Board 401(k) Plan assets move in 2024?
Room & Board 401(k) Plan grew at a solid clip - up 12.4% during 2024, from $140M to $157M. Reported net income was $17M.
How have Room & Board, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Room & Board, Inc.'s sponsor-wide assets grew 44.0%, from $117M to $168M.
Where does Room & Board 401(k) Plan rank by assets among Form 5500 filers?
Room & Board 401(k) Plan ranks in the 93rd 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 Room & Board 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sofha Management Services, Inc. 401(k) Retirement Plan in TN ($157M, 887 participants).

Scale reading

Ways to act on Room & Board 401(k) Plan's numbers.