401(k) · DOL Form 5500 · 2024

Cirrus Design Corporation 401(k) Plan

Data updated 2026-08-11

$162M
Total assets
2,460
Participants
93rd
Percentile by assets
$65,923
Avg per participant
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Official DOL plan name: Cirrus Design Corporation 401(k) Plan · Sponsored by Cirrus Design Corporation · Minnesota · Manufacturing

$162M in assets, 2,460 participants

Cirrus Design Corporation's Cirrus Design Corporation 401(k) Plan reported $162M in total assets and 2,460 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #16,002 in Manufacturing (17,777 peers)

Coverage in Minnesota

Cirrus Design Corporation 401(k) Plan covers 2,460 participants in Minnesota, 2.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $162M.

$162M
total plan assets (2024 EOY)
2,460
covered participants
93rd
percentile by assets (of 123,622 plans)
$65,923
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cirrus Design Corporation 401(k) Plan end-of-year assets rose from $133M in the plan year 2023 filing to $162M in the plan year 2024 filing.
  • Cirrus Design Corporation 401(k) Plan reported net income fell from $33M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Cirrus Design Corporation 401(k) Plan reported participants rose from 2,364 in the plan year 2023 filing to 2,460 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Cirrus Design Corporation 401(k) Plan reports 2,460 participants - 2.2x that state average ($162M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$133M
Net Assets (End of Year)$162M
Net Income$29M
Employer EIN391578274
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cirrus Design Corporation)

$80M$100M$120M$140M$160M$180M 202220232024 $99.8M $162M ▲ +62.4%
Total plan assets by year, all Cirrus Design Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,907 $100M
2023 1 2,364 $133M
2024 1 2,460 $162M

Nearby 401(k) Plans in Minnesota

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

Cirrus Design Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Cirrus Design Corporation 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 Cirrus Design Corpor…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Cirrus Design Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cirrus Design Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Cirrus Design Corporation 401(k) Plan assets move in 2024?
Cirrus Design Corporation 401(k) Plan grew sharply - up 21.9% during 2024, from $133M to $162M. Reported net income was $29M.
How have Cirrus Design Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Cirrus Design Corporation's sponsor-wide assets grew 62.4%, from $100M to $162M.
Where does Cirrus Design Corporation 401(k) Plan rank by assets among Form 5500 filers?
Cirrus Design Corporation 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Cirrus Design Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Smart National Supplemental Savings Plan in VA ($162M, 12,046 participants).

Next read for Cirrus Design Corporation 401(k) Plan

Filing takeaways

Ways to act on Cirrus Design Corporation 401(k) Plan's numbers.

  • By total assets, Cirrus Design Corporation 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Cirrus Design Corporation's sponsor-wide assets have grown 62.4% since 2022 across 3 plan years on file. More Manufacturing plans