401(k) · DOL Form 5500 · 2022

SANFORD 401(k) Plan

Data updated 2026-08-06

$2.4B
Total assets
30,145
Participants
100th
Percentile by assets
$81,223
Avg per participant
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Official DOL plan name: Sanford Retirement Savings Plan · Sponsored by SANFORD · North Dakota · Healthcare & Social Assistance

$2.4B in assets, 30,145 participants

SANFORD's Sanford Retirement Savings Plan reported $2.4B in total assets and 30,145 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,258 plans)
  • #20,031 in Healthcare & Social Assistance (20,087 peers)

Coverage in North Dakota

Sanford Retirement Savings Plan covers 30,145 participants in North Dakota, 58x the typical North Dakota plan (state average ~522 per filing). Assets: $2.4B.

$2.4B
total plan assets (2022 EOY)
30,145
covered participants
100th
percentile by assets (of 139,258 plans)
$81,223
avg assets per participant

The plan reported a net loss of $416M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs North Dakota filers

In North Dakota, the average filing covers about 522 participants across 339 plans. Sanford Retirement Savings Plan reports 30,145 participants - 58x that state average ($2.4B EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$2.8B
Net Assets (End of Year)$2.4B
Net Income-$416M
Employer EIN271218956
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SANFORD)

$2.5B$3B$3.5B$4B 202220232024 $2.63B $3.6B ▲ +36.9%
Total plan assets by year, all SANFORD plans on file
Year Plans Participants Total Assets
2022 2 36,661 $2.6B
2023 2 35,983 $3.1B
2024 2 35,876 $3.6B

Nearby 401(k) Plans in North Dakota

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

Sanford Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Sanford Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 00.511.522.53 Total assets ($B) Participants Sanford Retirement S…Mdu Resources Group,…Dakotas Areawide IBE…Eide Bailly LLP 401(…Offutt Companies 401…Altru Health System …
Sanford Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Scale composition for Sanford Retirement Savings Plan

Sanford Retirement Savings Plan reports $2.4B in end-of-year assets across 30,145 participants (0.021% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.034% of 89,805,449 covered participants) - about $81,223 per participant (59% of the national average assets-per-participant) . Net income for plan year 2022 was -$416M.

This plan identity (EIN 271218956, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.6B (+47.1%) while covered participants moved from 30,145 to 31,958 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 30,145 $2.4B This page
2023 30,495 $3.1B Open filing
2024 · index core 31,958 $3.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sanford Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sanford Retirement Savings Plan assets move in 2022?
Sanford Retirement Savings Plan pulled back noticeably - down 14.0% during 2022, from $2.8B to $2.4B. Reported net income was -$416M.
How have SANFORD plan assets changed over time?
Across 3 plan years on file (2022-2024), SANFORD's sponsor-wide assets grew 37.1%, from $2.6B to $3.6B.
Where does Sanford Retirement Savings Plan rank by assets among Form 5500 filers?
Sanford Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 139,258 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 Sanford Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Dillard's, Inc. Investment & Employee Stock Ownership Plan in AR ($2.4B, 30,577 participants).

Filing takeaways

Ways to act on Sanford Retirement Savings Plan's numbers.