401(k) · DOL Form 5500 · 2024
Phillips & Temro Industries 401(k) Plan
Data updated 2026-08-25
- $30M
- Total assets Below avg plan size
- 340
- Participants Below avg headcount
- 77th
- Percentile by assets National rank
- $87,896
- Avg per participant Below avg balance/head
Official DOL plan name: Phillips & Temro Industries, Inc. 401(k) Plan · Sponsored by Phillips & Temro Industries · Minnesota · Manufacturing
$30M in assets, 340 participants
Phillips & Temro Industries's Phillips & Temro Industries, Inc. 401(k) Plan reported $30M in total assets and 340 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.
- #12,213 in Manufacturing (17,777 peers)
Coverage in Minnesota
Phillips & Temro Industries, Inc. 401(k) Plan covers 340 participants in Minnesota, about 30% of the average Minnesota filer (state average ~1,126 per filing). Assets: $30M.
- #12,213
- in Manufacturing (17,777 peers)
- +20.0%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Phillips & Temro Industries, Inc. 401(k) Plan's outsized position by total assets
Phillips & Temro Industries, Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$29,884,560 Top 23% higher than 77% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Phillips & Temro Industries, Inc. 401(k) 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. Phillips & Temro Industries, Inc. 401(k) Plan sits mid-pack in the medium band (340 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Phillips & Temro Industries, Inc. 401(k) Plan end-of-year assets rose from $25M in the plan year 2023 filing to $30M in the plan year 2024 filing.
- Phillips & Temro Industries, Inc. 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Phillips & Temro Industries, Inc. 401(k) Plan reported participants fell from 363 in the plan year 2023 filing to 340 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 520977491 · Phillips & Temro Industries PY 2024 · 401(k)
Phillips & Temro Industries, Inc. 401(k) Plan · $30M · 340 · 77th
- BOOK $30M
- BOOK 340
- BOOK 77th
- BOOK 401(k)
- BOOK near Heart & Vascular/Specialty Medcare 401(k) Plan
- BOOK ind #12213
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 →
Phillips & Temro Industries, Inc. 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $30M |
| Net Income | $5M |
| Employer EIN | 520977491 |
| Plan Effective Date | 1985-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Phillips & Temro Industries)
Sponsor-wide plan assets over time
All Phillips & Temro Industries plans reported in each filing year
- Latest sponsor-wide plan assets
- $30M 57.268533989396% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 331 | $19M |
| 2023 | 1 | 363 | $25M |
| 2024 | 1 | 340 | $30M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Phillips & Temro Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Heart & Vascular/Specialty Medcare 401(k) Plan in IL ($30M); by covered participants it is Joieful Connections LLC 401(k) Profit Sharing Plan & Trust in OR (340 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($30M here).
- Heart & Vascular/Specialty Medcare 401(k) Plan (IL) $30M · 555
- Ecigroup Fringe Benefit Plan (PA) $30M · 225
- Hoss's Steak and Sea House Savings Plan (PA) $30M · 687
- Leaderone Financial Corp. 401(k) Profit Sharing Plan (KS) $30M · 523
Similar participant headcount
Nearest other-state filings by covered participants (340 participants); asset peers above are excluded.
- Joieful Connections LLC 401(k) Profit Sharing Plan & Trust (OR) 340 · 0 off
- R.N. Industries Trucking, Inc. Profit Sharing Plan (UT) 340 · 0 off
- Stanpac USA 401(k) Plan (TX) 340 · 0 off
- Brightway Insurance 401(k) Plan (FL) 340 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.