Other · DOL Form 5500 · 2022

Centracare Health System Retirement Plan

Data updated 2026-08-11

$739M
Total assets
10,840
Participants
99th
Percentile by assets
$68,217
Avg per participant
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Official DOL plan name: Centracare Health System 403(b) Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$739M in assets, 10,840 participants

Centracare Health System's Centracare Health System 403(b) Plan reported $739M in total assets and 10,840 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 139,126 plans)
  • #19,809 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Centracare Health System 403(b) Plan covers 10,840 participants in Minnesota, 9.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $739M.

$739M
total plan assets (2022 EOY)
10,840
covered participants
99th
percentile by assets (of 139,126 plans)
$68,217
avg assets per participant

The plan reported a net loss of $249M 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 1,126 participants across 2,865 plans. Centracare Health System 403(b) Plan reports 10,840 participants - 9.6x that state average ($739M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$988M
Net Assets (End of Year)$739M
Net Income-$249M
Employer EIN411813221
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centracare Health System)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.56B $2.09B ▲ +34.0%
Total plan assets by year, all Centracare Health System plans on file
Year Plans Participants Total Assets
2022 2 23,875 $1.6B
2023 2 21,434 $1.9B
2024 2 19,420 $2.1B

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants

Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Centracare Health Sy…Mayo 403(b) PlanChildrens Hospitals …Carpenters & Joiners…University of St. Th…Carleton College Def…
Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System 403(b) Plan

Centracare Health System 403(b) Plan reports $739M in end-of-year assets across 10,840 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $68,217 per participant (49% of the national average assets-per-participant) . Net income for plan year 2022 was -$249M.

This plan identity (EIN 411813221, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $739M to $867M (+17.2%) while covered participants moved from 10,840 to 8,227 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,840 $739M This page
2023 9,437 $827M Open filing
2024 · index core 8,227 $867M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Centracare Health System 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Centracare Health System 403(b) Plan assets move in 2022?
Centracare Health System 403(b) Plan declined sharply - down 25.2% during 2022, from $988M to $739M. Reported net income was -$249M.
How have Centracare Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Centracare Health System's sponsor-wide assets grew 34.1%, from $1.6B to $2.1B.
Where does Centracare Health System 403(b) Plan rank by assets among Form 5500 filers?
Centracare Health System 403(b) 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 Other plans are similar in size to Centracare Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Pace University Defined Contribution Retirement Plan in NY ($739M, 2,221 participants).

Filing takeaways

Ways to act on Centracare Health System 403(b) Plan's numbers.