Defined Benefit (Pension) · DOL Form 5500 · 2024
The Kinetic Group, Inc. Pension Plan
Data updated 2026-08-11
- $138M
- Total assets
- 492
- Participants
- 92nd
- Percentile by assets
- $280,402
- Avg per participant
Official DOL plan name: The Kinetic Group, Inc. Pension and Retirement Plan · Sponsored by The Kinetic Group, Inc. · Minnesota · Manufacturing
$138M in assets, 492 participants
The Kinetic Group, Inc.'s The Kinetic Group, Inc. Pension and Retirement Plan reported $138M in total assets and 492 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,771 in Manufacturing (17,777 peers)
Coverage in Minnesota
The Kinetic Group, Inc. Pension and Retirement Plan covers 492 participants in Minnesota, about 44% of the average Minnesota filer (state average ~1,126 per filing). Assets: $138M.
- $138M
- total plan assets (2024 EOY)
- 492
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $280,402
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Kinetic Group, Inc. Pension and Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
- The Kinetic Group, Inc. Pension and Retirement Plan reported participants fell from 547 in the plan year 2023 filing to 492 in the plan year 2024 filing.
- The Kinetic Group, Inc. Pension and Retirement Plan end-of-year assets fell from $142M in the plan year 2023 filing to $138M 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. Pension and Retirement Plan reports 492 participants - about 44% of that state average ($138M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $142M |
|---|---|
| Net Assets (End of Year) | $137M |
| Net Income | -$5M |
| 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 Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Kinetic Group, Inc. Pension and Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Kinetic Group, Inc. Pension and Retirement Plan by total assets, not by location.
- Laborers Agc Pension Trust of Montana (WA) $138M · 1,835
- Midflorida Credit Union Retirement Pension Plan (FL) $138M · 399
- Air Canada U.S. Pension Plan () $138M · 205
- Qbe Pension Equity Plan (WI) $138M · 180
Frequently Asked Questions
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Filing takeaways
Ways to act on The Kinetic Group, Inc. Pension and Retirement Plan's numbers.
- By total assets, The Kinetic Group, Inc. Pension and Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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