401(k) · DOL Form 5500 · 2024

American Spirit Corporation 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
203
Participants Below avg headcount
66th
Percentile by assets National rank
$78,487
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Asc 401(k) Retirement Plan · Sponsored by American Spirit Corporation · Minnesota · Manufacturing

$16M in assets, 203 participants

American Spirit Corporation's Asc 401(k) Retirement Plan reported $16M in total assets and 203 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #9,604 in Manufacturing (17,777 peers)

Coverage in Minnesota

Asc 401(k) Retirement Plan covers 203 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $16M.

#9,604
in Manufacturing (17,777 peers)
-11.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Asc 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Asc 401(k) Retirement Plan vs every filed plan by assets

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

$15,932,950 Top 34% higher than 66% 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

Asc 401(k) Retirement 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. Asc 401(k) Retirement Plan sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asc 401(k) Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Asc 401(k) Retirement Plan end-of-year assets fell from $18M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Asc 401(k) Retirement Plan reported participants rose from 194 in the plan year 2023 filing to 203 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411522476 · American Spirit Corporation PY 2024 · 401(k)

Asc 401(k) Retirement Plan · $16M · 203 · 66th

  • ASSETS $16M
  • PCT 203
  • EIN 66th
  • RANK 401(k)
  • PHOTO near Mcgrory Glass, Inc. 401(k) Plan
  • IND ind #9604

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 →

Asc 401(k) Retirement Plan in the asset neighbourhood

Asc 401(k) Retirement Plan$16MMcgrory Glass, Inc. 401(k) PlanMcgrory Glass, Inc. 401(k) P…$16MKerridge Commercial Systems Retirement Savings PlanKerridge Commercial Systems …$16MGalena Associates 401(k) Plan$16MHeavy Machines, Inc. 401(k)/Profit Sharing PlanHeavy Machines, Inc. 401(k)/…$16M
End-of-year total assets ($M) among Asc 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$2M
Employer EIN411522476
Plan Effective Date1992-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Spirit Corporation)

Sponsor-wide plan assets over time

All American Spirit Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 3.7166178943345027% vs 2022
2024 filing year
$15M$16M$17M$18M$19M 202220232024 $16.6M $15.9M ▼ -3.7%
Year Plans Participants Total Assets
2022 1 268 $17M
2023 1 194 $18M
2024 1 203 $16M

Nearby 401(k) Plans in Minnesota

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

Asc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Asc 401(k) Retirement Plan, Total assets ($B): 0.01593295 · Participants: 203Asc 401(k) Retirement 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
Asc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Asc 401(k) Retirement Plan side-by-side with 3 peers →

Asc 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mcgrory Glass, Inc. 401(k) Plan in NJ ($16M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (203 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (203 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 Asc 401(k) Retirement Plan assets move in 2024? ▼
Asc 401(k) Retirement Plan pulled back noticeably - down 11.1% during 2024, from $18M to $16M. Reported net income was -$2M.
How have American Spirit Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Spirit Corporation's sponsor-wide assets declined 3.7%, from $17M to $16M.
Which 401(k) plans are similar in size to Asc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mcgrory Glass, Inc. 401(k) Plan in NJ ($16M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Asc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (203 participants, $1M 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 411522476.

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.