Pvs Sackett-Waconia, Inc.401(k)
PVS SACKETT-WACONIA, INC. 401(K) PLAN · NYA, MN · plan year 2023
Pvs Sackett-Waconia, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,970,765 across 173 participant accounts, with employer contributions averaging $3,946 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,199th of 1,918), and 8,042nd of 13,661 in manufacturing. In 2023, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 156 to 178 since 2022.
Pvs Sackett-Waconia, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 873949310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.