Retirement plan

1982 SPECIAL VOLUNTARY RETIREMENT PLAN OF MINNESOTA MINING & MANUFACTURING COMPANY

3M COMPANYEIN 41-0417775Plan #006PY 2023
3M CENTER, 223-6N-11 - ST. PAUL, MN 551441000651-733-10053m.comLinkedIn10001+ employeesmechanical or industrial engineering
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(651) 733-1005
Plan administrator signer
DEIDRE REHFELD
Signed 09/10/2024

Summary metrics

Total assets (EOY)
$0
No prior year
Total participants
40
+9.7% from 2016
Average account balance
$0
No prior year
Annual return
0.00%
-3.79 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeOther
Participants<25
Cohort217 peers
Snapshot2023
Participant deferral / active EE
$0
median $31
Employer contribution / active EE
$0
median $8,283
Participation rate
0.0%
median 100.0%
Avg account balance
$0
median $212,825
Admin fee / account holder
$0
median $841
Annual return
0.00%
median 9.17%
Overall peer rank
0th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$0
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
82
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
Not enough data
0 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$68K
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.00%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
1 years with F_SCH_H allocation on file

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes3C3H
Plan features
  • 3C
    Plan not intended to be qualified
    A plan not intended to be qualified under Code sections 401 403 or 408.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$85K
  • Other / not subdivided$85K100.0%
% of EOY assets
-
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
No opinion code on file for this filing.
Auditor firm
(not reported)
Auditor EIN
-
Audit fees
(not subdivided)
Opinion code
-