401(k) · DOL Form 5500 · 2022

University of Minnesota Physicians 401(k) Plan

Data updated 2026-08-25

$739M
Total assets Above avg plan size
3,865
Participants Above avg headcount
99th
Percentile by assets National rank
$191,319
Avg per participant Above avg balance/head
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Official DOL plan name: University of Minnesota Physicians Retirement Savings and 401(k) Plan · Sponsored by University of Minnesota Physicians · Minnesota · Healthcare & Social Assistance

$739M in assets, 3,865 participants

University of Minnesota Physicians's University of Minnesota Physicians Retirement Savings and 401(k) Plan reported $739M in total assets and 3,865 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #19,808 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

University of Minnesota Physicians Retirement Savings and 401(k) Plan covers 3,865 participants in Minnesota, 3.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $739M.

#19,808
in Healthcare & Social Assistance (20,060 peers)
-14.1%
assets change YoY
7.4×
vs typical plan assets (national mean)

The plan reported a net loss of $122M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

University of Minnesota Physicians Retirement Savings and 401(k) Plan's outsized position by total assets

University of Minnesota Physicians Retirement Savings and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$739,446,699 Top 1% higher than 99% of 139,123 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 2022

University of Minnesota Physicians Retirement Savings and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. University of Minnesota Physicians Retirement Savings and 401(k) Plan lands in the large band (3,865 participants).

DOL schedule card

Filing strip 411843943 · University of Minnesota Physicians PY 2022 · 401(k)

University of Minnesota Physicians Retirement Savings and 401(k) Plan · $739M · 3,865 · 99th

  • EBSA $739M
  • PART 3,865
  • TYPE 99th
  • NET 401(k)
  • BOOK near Marriott Vacations Worldwide Corp. 401(k)
  • VS-ST ind #19808

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

University of Minnesota Physicians Retirement Savings and 401(k) Plan in the asset neighbourhood

Nationwide Children's Hospital, Inc. Defined Contribution PlanNationwide Children's Hospit…$741MMarriott Vacations Worldwide Corp. 401(k)Marriott Vacations Worldwide…$740MUniversity of Minnesota Physicians Retirement Savings and 401(k) PlanUniversity of Minnesota Phys…$739MChemours Company Retirement Savings PlanChemours Company Retirement …$738MAssuredpartners 401(k) Plan$738M
End-of-year total assets ($M) among University of Minnesota Physicians Retirement Savings and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$861M
Net Assets (End of Year)$739M
Net Income-$122M
Employer EIN411843943
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University of Minnesota Physicians)

Sponsor-wide plan assets over time

All University of Minnesota Physicians plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 49.601820860924555% vs 2022
2024 filing year
$0.6B$0.8B$1B$1.2B 202220232024 $0.74B $1.11B ▲ +50.0%
Year Plans Participants Total Assets
2022 1 3,865 $739M
2023 1 4,047 $933M
2024 1 4,568 $1.1B

Nearby 401(k) Plans in Minnesota

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

University of Minnesota Physicians Retirement Savings and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants University of Minnesota Physicians Retirement Savings and 401(k) Plan, Total assets ($B): 0.739446699 · Participants: 3865University of Minnesota Physicians Retirement Savings and 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
University of Minnesota Physicians Retirement Savings and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

University of Minnesota Physicians Retirement Savings and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Marriott Vacations Worldwide Corp. 401(k) in FL ($740M); by covered participants it is Fm Global 401(k) Savings Plan in RI (3,865 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($739M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,865 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did University of Minnesota Physicians Retirement Savings and 401(k) Plan assets move in 2022? ▼
University of Minnesota Physicians Retirement Savings and 401(k) Plan pulled back noticeably - down 14.1% during 2022, from $861M to $739M. Reported net income was -$122M.
How have University of Minnesota Physicians plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), University of Minnesota Physicians's sponsor-wide assets grew 49.6%, from $739M to $1.1B.
Where does University of Minnesota Physicians Retirement Savings and 401(k) Plan rank by assets among Form 5500 filers? ▼
University of Minnesota Physicians Retirement Savings and 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to University of Minnesota Physicians Retirement Savings and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marriott Vacations Worldwide Corp. 401(k) in FL ($740M, 16,650 participants).
Which 401(k) plans cover a similar participant headcount to University of Minnesota Physicians Retirement Savings and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fm Global 401(k) Savings Plan in RI (3,865 participants, $1.4B in assets).