401(k) · DOL Form 5500 · 2024

Descartes Labs, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
47
Participants Small participant base
47th
Percentile by assets National rank
$140,715
Avg per participant Near avg balance/head
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Official DOL plan name: Descartes Labs 401(k) Plan · Sponsored by Descartes Labs, Inc. · Minnesota · Professional & Technical Services

$7M in assets, 47 participants

Descartes Labs, Inc.'s Descartes Labs 401(k) Plan reported $7M in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #9,135 in Professional & Technical Services (20,173 peers)

Descartes Labs, Inc. multi-year trail

Descartes Labs, Inc.'s plans moved +34.0% in assets from 2022 to 2024; this filing shows Descartes Labs 401(k) Plan at $7M / 47 participants.

#9,135
in Professional & Technical Services (20,173 peers)
+13.7%
assets growth YoY

Descartes Labs 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Descartes Labs 401(k) Plan vs every filed plan by assets

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

$6,613,596 47th percentile higher than 47% 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

Descartes Labs 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Descartes Labs 401(k) Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Descartes Labs 401(k) Plan reported participants fell from 72 in the plan year 2023 filing to 47 in the plan year 2024 filing.
  • Descartes Labs 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Descartes Labs 401(k) Plan reported net income fell from $882K in the plan year 2023 filing to $796K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 471972940 · Descartes Labs, Inc. PY 2024 · 401(k)

Descartes Labs 401(k) Plan · $7M · 47 · 47th

  • EOY $7M
  • 5500 47
  • ASSETS 47th
  • PCT 401(k)
  • EIN near V & L Management Company, Inc. 401(k) Plan
  • RANK ind #9135

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Descartes Labs 401(k) Plan in the asset neighbourhood

Descartes Labs 401(k) Plan$7MV & L Management Company, Inc. 401(k) PlanV & L Management Company, In…$7MPatalappa Chandrashekar, M.D., Inc. 401(k) Profit Sharing PlanPatalappa Chandrashekar, M.D…$7MB&e 401(k) Plan$7MFlorence Concrete Products 401(k) PlanFlorence Concrete Products 4…$7M
End-of-year total assets ($M) among Descartes Labs 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Descartes Labs, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Descartes Labs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 34.02168025304774% vs 2022
2024 filing year
$4M$5M$6M$7M 202220232024 $4.93M $6.61M ▲ +34.1%
Year Plans Participants Total Assets
2022 1 90 $5M
2023 1 72 $6M
2024 1 47 $7M

Descartes Labs, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$796K
Employer EIN471972940
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Descartes Labs 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Descartes Labs 401(k) Plan, Total assets ($B): 0.006613596 · Participants: 47Descartes Labs 401(k) 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
Descartes Labs 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Descartes Labs 401(k) Plan side-by-side with 3 peers →

Descartes Labs 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is V & L Management Company, Inc. 401(k) Plan in TX ($7M); by covered participants it is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 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 Descartes Labs 401(k) Plan assets move in 2024? ▼
Descartes Labs 401(k) Plan grew at a solid clip - up 13.7% during 2024, from $6M to $7M. Reported net income was $796K.
How have Descartes Labs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Descartes Labs, Inc.'s sponsor-wide assets grew 34.0%, from $5M to $7M.
Which 401(k) plans are similar in size to Descartes Labs 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is V & L Management Company, Inc. 401(k) Plan in TX ($7M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Descartes Labs 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants, $35M 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 471972940.

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.