401(k) · DOL Form 5500 · 2024

Applied Products, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
280
Participants Below avg headcount
74th
Percentile by assets National rank
$85,996
Avg per participant Below avg balance/head
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Official DOL plan name: Applied Products, Inc. 401(k) Salary Savings Plan · Sponsored by Applied Products, Inc. · Minnesota · Wholesale Trade

$24M in assets, 280 participants

Applied Products, Inc.'s Applied Products, Inc. 401(k) Salary Savings Plan reported $24M in total assets and 280 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #4,310 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

Applied Products, Inc. 401(k) Salary Savings Plan covers 280 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $24M.

#4,310
in Wholesale Trade (6,080 peers)
+25.7%
assets growth YoY

Applied Products, Inc. 401(k) Salary Savings Plan's outsized position by total assets

Applied Products, Inc. 401(k) Salary Savings Plan vs every filed plan by assets

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

$24,078,930 Top 26% higher than 74% 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

Applied Products, Inc. 401(k) Salary Savings 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. Applied Products, Inc. 401(k) Salary Savings Plan sits mid-pack in the medium band (280 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Applied Products, Inc. 401(k) Salary Savings Plan end-of-year assets rose from $19M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Applied Products, Inc. 401(k) Salary Savings Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Applied Products, Inc. 401(k) Salary Savings Plan reported participants rose from 266 in the plan year 2023 filing to 280 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 202257905 · Applied Products, Inc. PY 2024 · 401(k)

Applied Products, Inc. 401(k) Salary Savings Plan · $24M · 280 · 74th

  • PART $24M
  • TYPE 280
  • NET 74th
  • BOOK 401(k)
  • VS-ST near Montana Retirement Choices Multiple Employer Plan as Adopted by Manito Super 1 Foods, Inc.
  • BOY ind #4310

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Applied Products, Inc. 401(k) Salary Savings Plan in the asset neighbourhood

Applied Products, Inc. 401(k) Salary Savings PlanApplied Products, Inc. 401(k…$24MMontana Retirement Choices Multiple Employer Plan as Adopted by Manito Super 1 Foods, Inc.Montana Retirement Choices M…$24MFullerton Tool Co Inc 401(k)$24MMarksnelson Advisory, LLC 401(k) PlanMarksnelson Advisory, LLC 40…$24MT.W. Garner Food Company Employees' 401(k) Profit Sharing PlanT.W. Garner Food Company Emp…$24M
End-of-year total assets ($M) among Applied Products, Inc. 401(k) Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$24M
Net Income$5M
Employer EIN202257905
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Applied Products, Inc.)

Sponsor-wide plan assets over time

All Applied Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 82.707665822542% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.2M $24.1M ▲ +82.7%
Year Plans Participants Total Assets
2022 1 215 $13M
2023 1 266 $19M
2024 1 280 $24M

Nearby 401(k) Plans in Minnesota

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

Applied Products, Inc. 401(k) Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Applied Products, Inc. 401(k) Salary Savings Plan, Total assets ($B): 0.02407893 · Participants: 280Applied Products, Inc. 401(k) Salary Savings 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
Applied Products, Inc. 401(k) Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Applied Products, Inc. 401(k) Salary Savings Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Montana Retirement Choices Multiple Employer Plan as Adopted by Manito Super 1 Foods, Inc. in ID ($24M); by covered participants it is T.W. Ponessa & Associates Counseling Services, Inc. 401(k) Plan in PA (280 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (280 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 Applied Products, Inc. 401(k) Salary Savings Plan assets move in 2024? ▼
Applied Products, Inc. 401(k) Salary Savings Plan grew sharply - up 25.7% during 2024, from $19M to $24M. Reported net income was $5M.
How have Applied Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Applied Products, Inc.'s sponsor-wide assets grew 82.7%, from $13M to $24M.
Which 401(k) plans are similar in size to Applied Products, Inc. 401(k) Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Montana Retirement Choices Multiple Employer Plan as Adopted by Manito Super 1 Foods, Inc. in ID ($24M, 709 participants).
Which 401(k) plans cover a similar participant headcount to Applied Products, Inc. 401(k) Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T.W. Ponessa & Associates Counseling Services, Inc. 401(k) Plan in PA (280 participants, $3M 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 202257905.

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.