401(k) · DOL Form 5500 · 2024
Schwans Shared Services, LLC 401(k) Plan
Data updated 2026-08-25
- $632M
- Total assets Above avg plan size
- 8,706
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $72,632
- Avg per participant Below avg balance/head
Official DOL plan name: Schwan's Company Retirement Savings Plan · Sponsored by Schwans Shared Services, LLC · Minnesota · Manufacturing
$632M in assets, 8,706 participants
Schwans Shared Services, LLC's Schwan's Company Retirement Savings Plan reported $632M in total assets and 8,706 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #17,115 in Manufacturing (17,777 peers)
Coverage in Minnesota
Schwan's Company Retirement Savings Plan covers 8,706 participants in Minnesota, 7.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $632M.
- #17,115
- in Manufacturing (17,777 peers)
- +10.8%
- assets growth YoY
- 6.3×
- vs typical plan assets (national mean)
Schwan's Company Retirement Savings Plan's outsized position by total assets
Schwan's Company Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$632,333,722 Top 2% higher than 98% 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
Schwan's Company Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schwan's Company Retirement Savings Plan lands in the large band (8,706 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schwan's Company Retirement Savings Plan reported participants rose from 5,753 in the plan year 2023 filing to 8,706 in the plan year 2024 filing.
- Schwan's Company Retirement Savings Plan end-of-year assets rose from $571M in the plan year 2023 filing to $632M in the plan year 2024 filing.
- Schwan's Company Retirement Savings Plan reported net income rose from $60M in the plan year 2023 filing to $61M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 810572771 · Schwans Shared Services, LLC PY 2024 · 401(k)
Schwan's Company Retirement Savings Plan · $632M · 8,706 · 98th
- PHOTO $632M
- PHOTO 8,706
- PHOTO 98th
- PHOTO 401(k)
- PHOTO near 401(k) Retirement Plan for Reynolds Consumer Products
- PHOTO ind #17115
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 →
Schwan's Company Retirement Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $571M |
|---|---|
| Net Assets (End of Year) | $632M |
| Net Income | $61M |
| Employer EIN | 810572771 |
| Plan Effective Date | 1964-09-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schwans Shared Services, LLC)
Sponsor-wide plan assets over time
All Schwans Shared Services, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $632M 29.186943173163186% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,537 | $489M |
| 2023 | 1 | 5,753 | $571M |
| 2024 | 1 | 8,706 | $632M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Scale composition for Schwan's Company Retirement Savings Plan
Schwan's Company Retirement Savings Plan reports $632M in end-of-year assets across 8,706 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $72,632 per participant (53% of the national average assets-per-participant) . Net income for plan year 2024 was $61M.
This plan identity (EIN 810572771, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $489M to $632M (+29.2%) while covered participants moved from 6,537 to 8,706 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,537 | $489M | Open filing |
| 2023 | 5,753 | $571M | Open filing |
| 2024 · index core | 8,706 | $632M | This page |
Schwan's Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is 401(k) Retirement Plan for Reynolds Consumer Products in IL ($633M); by covered participants it is Post Acute Medical, LLC 401(k) Plan in PA (8,701 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($632M here).
- 401(k) Retirement Plan for Reynolds Consumer Products (IL) $633M · 4,609
- Hcr Manorcare Retirement Savings 401(k) Plan (OH) $633M · 1,740
- Spencer Stuart Retirement Benefits Plan (IL) $633M · 1,051
- Fmc Corporation Savings and Investment Plan (PA) $633M · 1,336
Similar participant headcount
Nearest other-state filings by covered participants (8,706 participants); asset peers above are excluded.
- Post Acute Medical, LLC 401(k) Plan (PA) 8,701 · 5 off
- Thor Industries, Inc. 401(k) Plan (IN) 8,696 · 10 off
- Usw Industry 401(k) Plan (TN) 8,726 · 20 off
- Wolters Kluwer 401(k) Plan (IL) 8,741 · 35 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.