401(k) · DOL Form 5500 · 2024

Plato Woodwork, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
152
Participants Small participant base
74th
Percentile by assets National rank
$164,907
Avg per participant Above avg balance/head
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Official DOL plan name: Plato Woodwork, Inc. Profit Sharing Plan & Trust · Sponsored by Plato Woodwork, Inc. · Minnesota · Manufacturing

$25M in assets, 152 participants

Plato Woodwork, Inc.'s Plato Woodwork, Inc. Profit Sharing Plan & Trust reported $25M in total assets and 152 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.

  • #11,522 in Manufacturing (17,777 peers)

Coverage in Minnesota

Plato Woodwork, Inc. Profit Sharing Plan & Trust covers 152 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#11,522
in Manufacturing (17,777 peers)
+0.4%
assets growth YoY

Plato Woodwork, Inc. Profit Sharing Plan & Trust's outsized position by total assets

Plato Woodwork, Inc. Profit Sharing Plan & Trust vs every filed plan by assets

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

$25,065,810 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

Plato Woodwork, Inc. Profit Sharing Plan & Trust 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. Plato Woodwork, Inc. Profit Sharing Plan & Trust sits mid-pack in the medium band (152 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plato Woodwork, Inc. Profit Sharing Plan & Trust reported net income fell from $3M in the plan year 2023 filing to $136K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411240351 · Plato Woodwork, Inc. PY 2024 · 401(k)

Plato Woodwork, Inc. Profit Sharing Plan & Trust · $25M · 152 · 74th

  • EIN $25M
  • RANK 152
  • PHOTO 74th
  • IND 401(k)
  • EOY near Mac Construction 401(k) Plan
  • 5500 ind #11522

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 Manufacturing retirement plans → · Plans in Minnesota →

Plato Woodwork, Inc. Profit Sharing Plan & Trust in the asset neighbourhood

Plato Woodwork, Inc. Profit Sharing Plan & TrustPlato Woodwork, Inc. Profit …$25MUnion Telephone Company 401(k) PlanUnion Telephone Company 401(…$25MAviatrix 401(k) Plan$25MMac Construction 401(k) Plan$25MMcfarlane Incentive Savings and Profit Sharing PlanMcfarlane Incentive Savings …$25M
End-of-year total assets ($M) among Plato Woodwork, Inc. Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$25M
Net Income$136K
Employer EIN411240351
Plan Effective Date1975-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plato Woodwork, Inc.)

Sponsor-wide plan assets over time

All Plato Woodwork, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 14.779394630036503% vs 2022
2024 filing year
$21M$22M$23M$24M$25M$26M 202220232024 $21.8M $25.1M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 149 $22M
2023 1 151 $25M
2024 1 152 $25M

Nearby 401(k) Plans in Minnesota

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

Plato Woodwork, Inc. Profit Sharing Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Plato Woodwork, Inc. Profit Sharing Plan & Trust, Total assets ($B): 0.02506581 · Participants: 152Plato Woodwork, Inc. Profit Sharing Plan & TrustWells 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
Plato Woodwork, Inc. Profit Sharing Plan & Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Plato Woodwork, Inc. Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mac Construction 401(k) Plan in IN ($25M); by covered participants it is Astadia Incorporated 401(k) Plan in MA (152 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (152 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 Plato Woodwork, Inc. Profit Sharing Plan & Trust assets move in 2024?
Plato Woodwork, Inc. Profit Sharing Plan & Trust held essentially flat - up 0.4% during 2024, from $25M to $25M. Reported net income was $136K.
How have Plato Woodwork, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Plato Woodwork, Inc.'s sponsor-wide assets grew 14.8%, from $22M to $25M.
Which 401(k) plans are similar in size to Plato Woodwork, Inc. Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Mac Construction 401(k) Plan in IN ($25M, 267 participants).
Which 401(k) plans cover a similar participant headcount to Plato Woodwork, Inc. Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Astadia Incorporated 401(k) Plan in MA (152 participants, N/A in assets).