401(k) · DOL Form 5500 · 2022

Centracare Health System 401(k) Plan

Data updated 2026-08-06

$819M
Total assets
13,035
Participants
99th
Percentile by assets
$62,838
Avg per participant
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Official DOL plan name: Centracare Health System Retirement Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$819M in assets, 13,035 participants

Centracare Health System's Centracare Health System Retirement Plan reported $819M in total assets and 13,035 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)
  • #19,869 in Healthcare & Social Assistance (20,087 peers)

Coverage in Minnesota

Centracare Health System Retirement Plan covers 13,035 participants in Minnesota, 11x the typical Minnesota plan (state average ~1,161 per filing). Assets: $819M.

$819M
total plan assets (2022 EOY)
13,035
covered participants
99th
percentile by assets (of 139,258 plans)
$62,838
avg assets per participant

The plan reported a net loss of $104M 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. Centracare Health System Retirement Plan reports 13,035 participants - 11x that state average ($819M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$923M
Net Assets (End of Year)$819M
Net Income-$104M
Employer EIN411813221
Plan Effective Date2000-07-01
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 401(k) Plans in Minnesota

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

Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Centracare Health Sy…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System Retirement Plan

Centracare Health System Retirement Plan reports $819M in end-of-year assets across 13,035 participants (0.007% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $62,838 per participant (46% of the national average assets-per-participant) . Net income for plan year 2022 was -$104M.

This plan identity (EIN 411813221, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $819M to $1.2B (+49.3%) while covered participants moved from 13,035 to 11,193 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,035 $819M This page
2023 11,997 $1.0B Open filing
2024 · index core 11,193 $1.2B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Centracare Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Centracare Health System Retirement Plan assets move in 2022?
Centracare Health System Retirement Plan pulled back noticeably - down 11.3% during 2022, from $923M to $819M. Reported net income was -$104M.
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 Retirement Plan rank by assets among Form 5500 filers?
Centracare Health System Retirement Plan ranks in the 99th 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 Centracare Health System Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Brotherhood of Locomotive Engineers 401(k) Savings Employees of Csx Transportation Inc. in NY ($819M, 5,585 participants).

Next read for Centracare Health System Retirement Plan

Filing takeaways

Ways to act on Centracare Health System Retirement Plan's numbers.