401(k) · DOL Form 5500 · 2024
Veit & Company, Inc. 401(k) Plan
Data updated 2026-08-25
- $73M
- Total assets Below avg plan size
- 833
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $87,952
- Avg per participant Below avg balance/head
Official DOL plan name: Veit 401(k) Plan · Sponsored by Veit & Company, Inc. · Minnesota · Construction
$73M in assets, 833 participants
Veit & Company, Inc.'s Veit 401(k) Plan reported $73M in total assets and 833 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #7,785 in Construction (9,039 peers)
Where Veit 401(k) Plan sits by assets
Veit 401(k) Plan sits in the top quartile of all filed plans by assets, $73M for 833 participants (~$87,952/participant), up 17.5% in 2024.
- #7,785
- in Construction (9,039 peers)
- +17.5%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Veit 401(k) Plan's outsized position by total assets
Veit 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$73,264,237 Top 12% higher than 88% 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
Veit 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. Veit 401(k) Plan sits mid-pack in the medium band (833 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Veit 401(k) Plan end-of-year assets rose from $62M in the plan year 2023 filing to $73M in the plan year 2024 filing.
- Veit 401(k) Plan reported participants rose from 760 in the plan year 2023 filing to 833 in the plan year 2024 filing.
- Veit 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 410840260 · Veit & Company, Inc. PY 2024 · 401(k)
Veit 401(k) Plan · $73M · 833 · 88th
- RANK $73M
- RANK 833
- RANK 88th
- RANK 401(k)
- RANK near Ascent Global Logistics, Inc. 401(k) Plan
- RANK ind #7785
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 Construction retirement plans → · Plans in Minnesota →
Veit 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $62M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | $11M |
| Employer EIN | 410840260 |
| Plan Effective Date | 1993-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Veit & Company, Inc.)
Sponsor-wide plan assets over time
All Veit & Company, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $73M 44.45247810003491% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 658 | $51M |
| 2023 | 1 | 760 | $62M |
| 2024 | 1 | 833 | $73M |
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
Veit 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Ascent Global Logistics, Inc. 401(k) Plan in WI ($73M); by covered participants it is Chc 401(k) Plan in PA (833 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($73M here).
- Ascent Global Logistics, Inc. 401(k) Plan (WI) $73M · 1,171
- Yanmar Group 401(k) Savings Plan (GA) $73M · 955
- Curinos, Inc. 401(k) Plan (NY) $73M · 387
- Mannkind Corporation 401(k) Plan (CA) $73M · 416
Similar participant headcount
Nearest other-state filings by covered participants (833 participants); asset peers above are excluded.
- Chc 401(k) Plan (PA) 833 · 0 off
- Savings Plan of Pjm Interconnection, L.L.C. (PA) 833 · 0 off
- Here North America, LLC Retirement Savings and Investment Plan (IL) 833 · 0 off
- Valicor Environmental Services, LLC 401(k) Plan (OH) 833 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.