401(k) · DOL Form 5500 · 2024

Board of Trustees, Midwest Teamsters Member 401(k) 401(k) Plan

Data updated 2026-08-11

$117M
Total assets
3,170
Participants
91st
Percentile by assets
$36,805
Avg per participant
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Official DOL plan name: Midwest Teamsters Member 401(k) Plan · Sponsored by Board of Trustees, Midwest Teamsters Member 401(k) · Minnesota · Finance & Insurance

$117M in assets, 3,170 participants

Board of Trustees, Midwest Teamsters Member 401(k)'s Midwest Teamsters Member 401(k) Plan reported $117M in total assets and 3,170 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #7,414 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Midwest Teamsters Member 401(k) Plan covers 3,170 participants in Minnesota, 2.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $117M.

$117M
total plan assets (2024 EOY)
3,170
covered participants
91st
percentile by assets (of 123,622 plans)
$36,805
avg assets per participant

Where Midwest Teamsters Member 401(k) Plan sits by total assets

Midwest Teamsters Member 401(k) Plan vs every filed plan by assets

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

$116,672,471 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midwest Teamsters Member 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Midwest Teamsters Member 401(k) Plan reported participants rose from 2,765 in the plan year 2023 filing to 3,170 in the plan year 2024 filing.
  • Midwest Teamsters Member 401(k) Plan end-of-year assets rose from $107M in the plan year 2023 filing to $117M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Finance & Insurance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Midwest Teamsters Member 401(k) Plan reports 3,170 participants - 2.8x that state average ($117M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$117M
Net Income$10M
Employer EIN410945362
Plan Effective Date1998-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Midwest Teamsters Member 401(k))

$90M$100M$110M$120M 202220232024 $94.7M $117M ▲ +23.2%
Total plan assets by year, all Board of Trustees, Midwest Teamsters Member 401(k) plans on file
Year Plans Participants Total Assets
2022 1 2,765 $95M
2023 1 2,765 $107M
2024 1 3,170 $117M

Nearby 401(k) Plans in Minnesota

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

Midwest Teamsters Member 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Midwest Teamsters Me…, Total assets ($B): 0.116672471 · Participants: 3170Midwest Teamsters Me…Wells Fargo & Compan…, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Compan…Unitedhealth Group 4…, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 4…Medtronic Savings an…, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings an…U.S. Bank 401(k) Sav…, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Sav…
Midwest Teamsters Member 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Midwest Teamsters Member 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Midwest Teamsters Member 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Midwest Teamsters Member 401(k) Plan assets move in 2024? ▼
Midwest Teamsters Member 401(k) Plan grew at a solid clip - up 9.4% during 2024, from $107M to $117M. Reported net income was $10M.
How have Board of Trustees, Midwest Teamsters Member 401(k) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Midwest Teamsters Member 401(k)'s sponsor-wide assets grew 23.2%, from $95M to $117M.
Where does Midwest Teamsters Member 401(k) Plan rank by assets among Form 5500 filers? ▼
Midwest Teamsters Member 401(k) Plan ranks in the 91st 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 Midwest Teamsters Member 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sunkist Match Plus Savings Plan in CA ($117M, 484 participants).

Next read for Midwest Teamsters Member 401(k) Plan

Filing takeaways

Ways to act on Midwest Teamsters Member 401(k) Plan's numbers.

  • By total assets, Midwest Teamsters Member 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
  • Board of Trustees, Midwest Teamsters Member 401(k)'s sponsor-wide assets have grown 23.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 410945362.

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.