401(k) · DOL Form 5500 · 2024

Design Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
132
Participants Small participant base
73rd
Percentile by assets National rank
$175,611
Avg per participant Above avg balance/head
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Official DOL plan name: Design Electric, Inc. 401(k) Retirement Plan · Sponsored by Design Electric, Inc. · Minnesota · Construction

$23M in assets, 132 participants

Design Electric, Inc.'s Design Electric, Inc. 401(k) Retirement Plan reported $23M in total assets and 132 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,493 in Construction (9,039 peers)

Coverage in Minnesota

Design Electric, Inc. 401(k) Retirement Plan covers 132 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $23M.

#6,493
in Construction (9,039 peers)
+8.2%
assets growth YoY

Design Electric, Inc. 401(k) Retirement Plan's outsized position by total assets

Design Electric, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$23,180,658 Top 27% higher than 73% 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

Design Electric, Inc. 401(k) Retirement 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. Design Electric, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Design Electric, Inc. 401(k) Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Design Electric, Inc. 401(k) Retirement Plan reported participants rose from 122 in the plan year 2023 filing to 132 in the plan year 2024 filing.
  • Design Electric, Inc. 401(k) Retirement Plan end-of-year assets rose from $21M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411223438 · Design Electric, Inc. PY 2024 · 401(k)

Design Electric, Inc. 401(k) Retirement Plan · $23M · 132 · 73rd

  • VS-ST $23M
  • BOY 132
  • SCH 73rd
  • EBSA 401(k)
  • PART near Compass Health, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #6493

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 Construction retirement plans → · Plans in Minnesota →

Design Electric, Inc. 401(k) Retirement Plan in the asset neighbourhood

Design Electric, Inc. 401(k) Retirement PlanDesign Electric, Inc. 401(k)…$23MCompass Health, Inc. 401(k) Profit Sharing PlanCompass Health, Inc. 401(k) …$23MCapital Project Management, Inc. 401(k) Profit Sharing PlanCapital Project Management, …$23ME.C. Styberg Engineering Company 401(k) PlanE.C. Styberg Engineering Com…$23MWinklevoss Consultants, Inc. Savings & Retirement PlanWinklevoss Consultants, Inc.…$23M
End-of-year total assets ($M) among Design Electric, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN411223438
Plan Effective Date1994-01-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Electric, Inc.)

Sponsor-wide plan assets over time

All Design Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 21.670387270888384% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.1M $23.2M ▲ +21.7%
Year Plans Participants Total Assets
2022 1 129 $19M
2023 1 122 $21M
2024 1 132 $23M

Nearby 401(k) Plans in Minnesota

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

Design Electric, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Design Electric, Inc. 401(k) Retirement Plan, Total assets ($B): 0.023180658 · Participants: 132Design Electric, Inc. 401(k) Retirement 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
Design Electric, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Design Electric, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Design Electric, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Compass Health, Inc. 401(k) Profit Sharing Plan in CA ($23M); by covered participants it is Oiwk 401(k) Profit Sharing Plan in KY (132 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (132 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 Design Electric, Inc. 401(k) Retirement Plan assets move in 2024? ▼
Design Electric, Inc. 401(k) Retirement Plan grew at a solid clip - up 8.2% during 2024, from $21M to $23M. Reported net income was $2M.
How have Design Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Electric, Inc.'s sponsor-wide assets grew 21.7%, from $19M to $23M.
Which 401(k) plans are similar in size to Design Electric, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Compass Health, Inc. 401(k) Profit Sharing Plan in CA ($23M, 831 participants).
Which 401(k) plans cover a similar participant headcount to Design Electric, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oiwk 401(k) Profit Sharing Plan in KY (132 participants, N/A 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 411223438.

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.