401(k) · DOL Form 5500 · 2022
University of Minnesota Physicians 401(k) Plan
Data updated 2026-08-06
- $739M
- Total assets
- 3,865
- Participants
- 99th
- Percentile by assets
- $191,319
- Avg per participant
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.
- 99th percentile by assets (of 139,258 plans)
- #19,835 in Healthcare & Social Assistance (20,087 peers)
Coverage in Minnesota
University of Minnesota Physicians Retirement Savings and 401(k) Plan covers 3,865 participants in Minnesota, 3.3x the typical Minnesota plan (state average ~1,161 per filing). Assets: $739M.
- $739M
- total plan assets (2022 EOY)
- 3,865
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $191,319
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. University of Minnesota Physicians Retirement Savings and 401(k) Plan reports 3,865 participants - 3.3x that state average ($739M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $861M |
|---|---|
| Net Assets (End of Year) | $739M |
| Net Income | -$122M |
| Employer EIN | 411843943 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (University of Minnesota Physicians)
| 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
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to University of Minnesota Physicians Retirement Savings and 401(k) Plan by total assets, not by location.
- Marriott Vacations Worldwide Corp. 401(k) (FL) $740M · 16,650
- Chemours Company Retirement Savings Plan (DE) $738M · 4,346
- Assuredpartners 401(k) Plan (FL) $738M · 8,304
- Nationwide Children's Hospital, Inc. Defined Contribution Plan (OH) $741M · 10,960
Frequently Asked Questions
How did University of Minnesota Physicians Retirement Savings and 401(k) Plan assets move in 2022? ▼
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Filing takeaways
Ways to act on University of Minnesota Physicians Retirement Savings and 401(k) Plan's numbers.
- By total assets, University of Minnesota Physicians Retirement Savings and 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- University of Minnesota Physicians's sponsor-wide assets have grown 49.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans