401(k) · DOL Form 5500 · 2024

Promed Molded Products, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
248
Participants Below avg headcount
67th
Percentile by assets National rank
$67,303
Avg per participant Below avg balance/head
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Official DOL plan name: Promed Molded Products, Inc. 401(k) Plan · Sponsored by Promed Molded Products, Inc. · Minnesota · Manufacturing

$17M in assets, 248 participants

Promed Molded Products, Inc.'s Promed Molded Products, Inc. 401(k) Plan reported $17M in total assets and 248 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #9,820 in Manufacturing (17,777 peers)

Coverage in Minnesota

Promed Molded Products, Inc. 401(k) Plan covers 248 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#9,820
in Manufacturing (17,777 peers)
+7.8%
assets growth YoY

Promed Molded Products, Inc. 401(k) Plan's outsized position by total assets

Promed Molded Products, Inc. 401(k) Plan vs every filed plan by assets

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

$16,691,243 Top 33% higher than 67% 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

Promed Molded Products, Inc. 401(k) 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. Promed Molded Products, Inc. 401(k) Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Promed Molded Products, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Promed Molded Products, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Promed Molded Products, Inc. 401(k) Plan reported participants fell from 268 in the plan year 2023 filing to 248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411635956 · Promed Molded Products, Inc. PY 2024 · 401(k)

Promed Molded Products, Inc. 401(k) Plan · $17M · 248 · 67th

  • TYPE $17M
  • TYPE 248
  • TYPE 67th
  • TYPE 401(k)
  • TYPE near Dichello Distributors Inc 401(k) Ps Plan
  • TYPE ind #9820

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 →

Promed Molded Products, Inc. 401(k) Plan in the asset neighbourhood

Promed Molded Products, Inc. 401(k) PlanPromed Molded Products, Inc.…$17MDichello Distributors Inc 401(k) Ps PlanDichello Distributors Inc 40…$17MParticipant Media 401(k) Plan$17MPotesta & Associates, Inc. 401(k) PlanPotesta & Associates, Inc. 4…$17MQuantitative Software Management, Inc. 401(k) PlanQuantitative Software Manage…$17M
End-of-year total assets ($M) among Promed Molded Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$1M
Employer EIN411635956
Plan Effective Date2003-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Promed Molded Products, Inc.)

Sponsor-wide plan assets over time

All Promed Molded Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 33.78265408225521% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $12.5M $16.7M ▲ +33.7%
Year Plans Participants Total Assets
2022 1 238 $12M
2023 1 268 $15M
2024 1 248 $17M

Nearby 401(k) Plans in Minnesota

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

Promed Molded Products, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Promed Molded Products, Inc. 401(k) Plan, Total assets ($B): 0.016691243 · Participants: 248Promed Molded Products, Inc. 401(k) 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
Promed Molded Products, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Promed Molded Products, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Dichello Distributors Inc 401(k) Ps Plan in CT ($17M); by covered participants it is Holistic Care Home Health Agency, Inc. 401 (K) Plan in TX (248 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Promed Molded Products, Inc. 401(k) Plan assets move in 2024?
Promed Molded Products, Inc. 401(k) Plan grew at a solid clip - up 7.8% during 2024, from $15M to $17M. Reported net income was $1M.
How have Promed Molded Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Promed Molded Products, Inc.'s sponsor-wide assets grew 33.8%, from $12M to $17M.
Which 401(k) plans are similar in size to Promed Molded Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dichello Distributors Inc 401(k) Ps Plan in CT ($17M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Promed Molded Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Holistic Care Home Health Agency, Inc. 401 (K) Plan in TX (248 participants, $80K in assets).