401(k) · DOL Form 5500 · 2024
The Kinetic Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $529M
- Total assets
- 5,303
- Participants
- 97th
- Percentile by assets
- $99,773
- Avg per participant
Official DOL plan name: The Kinetic Group, Inc. 401(k) Plan · Sponsored by The Kinetic Group, Inc. · Minnesota · Manufacturing
$529M in assets, 5,303 participants
The Kinetic Group, Inc.'s The Kinetic Group, Inc. 401(k) Plan reported $529M in total assets and 5,303 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #17,024 in Manufacturing (17,777 peers)
Coverage in Minnesota
The Kinetic Group, Inc. 401(k) Plan covers 5,303 participants in Minnesota, 4.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $529M.
- $529M
- total plan assets (2024 EOY)
- 5,303
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $99,773
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Kinetic Group, Inc. 401(k) Plan reported net income fell from $80M in the plan year 2023 filing to $58M in the plan year 2024 filing.
- The Kinetic Group, Inc. 401(k) Plan reported participants fell from 5,748 in the plan year 2023 filing to 5,303 in the plan year 2024 filing.
- The Kinetic Group, Inc. 401(k) Plan end-of-year assets fell from $568M in the plan year 2023 filing to $529M in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. The Kinetic Group, Inc. 401(k) Plan reports 5,303 participants - 4.7x that state average ($529M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $568M |
|---|---|
| Net Assets (End of Year) | $529M |
| Net Income | $58M |
| Employer EIN | 471016855 |
| Plan Effective Date | 2015-02-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Kinetic Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,199 | $619M |
| 2023 | 2 | 6,295 | $710M |
| 2024 | 2 | 5,795 | $667M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Kinetic Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- 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 The Kinetic Group, Inc. 401(k) Plan
The Kinetic Group, Inc. 401(k) Plan reports $529M in end-of-year assets across 5,303 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $99,773 per participant (72% of the national average assets-per-participant) . Net income for plan year 2024 was $58M.
This plan identity (EIN 471016855, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $480M to $529M (+10.1%) while covered participants moved from 5,601 to 5,303 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,601 | $480M | Open filing |
| 2023 | 5,748 | $568M | Open filing |
| 2024 · index core | 5,303 | $529M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Kinetic Group, Inc. Pension and Retirement Plan (Defined Benefit (Pension), $138M, 492 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Kinetic Group, Inc. 401(k) Plan by total assets, not by location.
- Univision Savings Tax Advantage Retirement Plan (NJ) $529M · 3,428
- Hunter Douglas, Inc. Employee Savings 401(k) Plan (NY) $529M · 3,663
- Snowflake Inc. 401(k) Plan (CA) $529M · 4,125
- Hawaiian Airlines, Inc. 401(k) Savings Plan (HI) $529M · 4,175
Frequently Asked Questions
How did The Kinetic Group, Inc. 401(k) Plan assets move in 2024? ▼
How have The Kinetic Group, Inc. plan assets changed over time? ▼
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Next read for The Kinetic Group, Inc. 401(k) Plan
Filing takeaways
Ways to act on The Kinetic Group, Inc. 401(k) Plan's numbers.
- By total assets, The Kinetic Group, Inc. 401(k) Plan ranks in the top 5% 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
- The Kinetic Group, Inc.'s sponsor-wide assets have grown 7.7% since 2022 across 3 plan years on file. More Manufacturing plans