401(k) · DOL Form 5500 · 2022
Olmsted Medical Center 401(k) Plan
Data updated 2026-08-11
- $231M
- Total assets
- 1,286
- Participants
- 96th
- Percentile by assets
- $179,561
- Avg per participant
Official DOL plan name: Olmsted Medical Center Retirement Savings Plan · Sponsored by Olmsted Medical Center · Minnesota · Healthcare & Social Assistance
$231M in assets, 1,286 participants
Olmsted Medical Center's Olmsted Medical Center Retirement Savings Plan reported $231M in total assets and 1,286 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,368 in Healthcare & Social Assistance (20,060 peers)
Where Olmsted Medical Center Retirement Savings Plan sits by assets
Olmsted Medical Center Retirement Savings Plan sits in the top 5% of all filed plans by assets, $231M for 1,286 participants (~$179,561/participant), down 18.3% in 2022.
- $231M
- total plan assets (2022 EOY)
- 1,286
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $179,561
- avg assets per participant
The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Olmsted Medical Center Retirement Savings Plan vs the 2022 asset distribution
By assets, Olmsted Medical Center Retirement Savings Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $283M |
|---|---|
| Net Assets (End of Year) | $231M |
| Net Income | -$52M |
| Employer EIN | 410855367 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Olmsted Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,286 | $231M |
| 2023 | 1 | 1,340 | $270M |
| 2024 | 1 | 1,364 | $303M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Olmsted Medical Center Retirement Savings 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 Olmsted Medical Center Retirement Savings Plan by total assets, not by location.
- Mitsubishi Motors North America, Inc. 401(k) Savings Plan (CA) $231M · 272
- Iso New England Inc. Supplemental Retirement and Savings Plan (MA) $231M · 576
- Ruan Employees' 401(k) Savings Plan (IA) $231M · 5,230
- Healthnow New York Inc. Elective 401(k) Plan (PA) $231M · 1,598
Frequently Asked Questions
How did Olmsted Medical Center Retirement Savings Plan assets move in 2022? ▼
How have Olmsted Medical Center plan assets changed over time? ▼
Where does Olmsted Medical Center Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Olmsted Medical Center Retirement Savings Plan? ▼
Next read for Olmsted Medical Center Retirement Saving…
Scale reading
Ways to act on Olmsted Medical Center Retirement Savings Plan's numbers.
- By total assets, Olmsted Medical Center Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Olmsted Medical Center's sponsor-wide assets have grown 31.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans