401(k) · DOL Form 5500 · 2024

Shakopee Mdewakanton Sioux Cty 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
430
Participants Below avg headcount
60th
Percentile by assets National rank
$28,944
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Smsc 401(k) Plan for Commercial Employees · Sponsored by Shakopee Mdewakanton Sioux Cty · Minnesota · Arts, Entertainment & Recreation

$12M in assets, 430 participants

Shakopee Mdewakanton Sioux Cty's Smsc 401(k) Plan for Commercial Employees reported $12M in total assets and 430 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #2,207 in Arts, Entertainment & Recreation (2,921 peers)

Coverage in Minnesota

Smsc 401(k) Plan for Commercial Employees covers 430 participants in Minnesota, about 38% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#2,207
in Arts, Entertainment & Recreation (2,921 peers)
-2.8%
assets change YoY

The plan reported a net loss of $359K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smsc 401(k) Plan for Commercial Employees's mid-pack asset rank among Arts, Entertainment & Recreation and all filers

Smsc 401(k) Plan for Commercial Employees vs every filed plan by assets

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

$12,446,115 Top 40% higher than 60% 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

Smsc 401(k) Plan for Commercial Employees 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. Smsc 401(k) Plan for Commercial Employees sits mid-pack in the medium band (430 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smsc 401(k) Plan for Commercial Employees reported net income fell from $2M in the plan year 2023 filing to -$359K in the plan year 2024 filing.
  • Smsc 401(k) Plan for Commercial Employees reported participants rose from 373 in the plan year 2023 filing to 430 in the plan year 2024 filing.
  • Smsc 401(k) Plan for Commercial Employees end-of-year assets fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410989737 · Shakopee Mdewakanton Sioux Cty PY 2024 · 401(k)

Smsc 401(k) Plan for Commercial Employees · $12M · 430 · 60th

  • SCH $12M
  • EBSA 430
  • PART 60th
  • TYPE 401(k)
  • NET near John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan
  • BOOK ind #2207

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 Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →

Smsc 401(k) Plan for Commercial Employees in the asset neighbourhood

Smsc 401(k) Plan for Commercial EmployeesSmsc 401(k) Plan for Commerc…$12MJohn Evans' Sons, Incorporated Profit Sharing and Retirement Saving PlanJohn Evans' Sons, Incorporat…$12MShremshock Companies 401(k) PlanShremshock Companies 401(k) …$12MThe Pay-O-Matic Corp. 401(k) Retirement PlanThe Pay-O-Matic Corp. 401(k)…$12MEasy Auto 401(k) Plan$12M
End-of-year total assets ($M) among Smsc 401(k) Plan for Commercial Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$359K
Employer EIN410989737
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shakopee Mdewakanton Sioux Cty)

Sponsor-wide plan assets over time

All Shakopee Mdewakanton Sioux Cty plans reported in each filing year

Latest sponsor-wide plan assets
$12M 16.369262081146754% vs 2022
2024 filing year
$10M$11M$12M$13M$14M 202220232024 $10.7M $12.5M ▲ +16.4%
Year Plans Participants Total Assets
2022 1 376 $11M
2023 1 373 $13M
2024 1 430 $12M

Nearby 401(k) Plans in Minnesota

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

Smsc 401(k) Plan for Commercial Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Smsc 401(k) Plan for Commercial Employees, Total assets ($B): 0.012446115 · Participants: 430Smsc 401(k) Plan for Commercial EmployeesWells 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
Smsc 401(k) Plan for Commercial Employees vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Smsc 401(k) Plan for Commercial Employees side-by-side with 3 peers →

Smsc 401(k) Plan for Commercial Employees's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan in PA ($12M); by covered participants it is Vericity Holdings, Inc. 401(k) Plan in IL (430 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (430 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 Smsc 401(k) Plan for Commercial Employees assets move in 2024? ▼
Smsc 401(k) Plan for Commercial Employees edged down modestly - down 2.8% during 2024, from $13M to $12M. Reported net income was -$359K.
How have Shakopee Mdewakanton Sioux Cty plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shakopee Mdewakanton Sioux Cty's sponsor-wide assets grew 16.4%, from $11M to $12M.
Which 401(k) plans are similar in size to Smsc 401(k) Plan for Commercial Employees? ▼
Among 401(k) plans in other states, the closest by assets is John Evans' Sons, Incorporated Profit Sharing and Retirement Saving Plan in PA ($12M, 79 participants).
Which 401(k) plans cover a similar participant headcount to Smsc 401(k) Plan for Commercial Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Vericity Holdings, Inc. 401(k) Plan in IL (430 participants, $45M 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 410989737.

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.