401(k) · DOL Form 5500 · 2022

Beaver Medical Group, P.C. 401(k) Plan

Data updated 2026-08-11

$305M
Total assets
1,628
Participants
97th
Percentile by assets
$187,359
Avg per participant
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Official DOL plan name: Beaver Medical Group 401(k) Profit-Sharing Plan · Sponsored by Beaver Medical Group, P.C. · Minnesota · Healthcare & Social Assistance

$305M in assets, 1,628 participants

Beaver Medical Group, P.C.'s Beaver Medical Group 401(k) Profit-Sharing Plan reported $305M in total assets and 1,628 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,497 in Healthcare & Social Assistance (20,060 peers)

Where Beaver Medical Group 401(k) Profit-Sharing Plan sits by assets

Beaver Medical Group 401(k) Profit-Sharing Plan sits in the top 5% of all filed plans by assets, $305M for 1,628 participants (~$187,359/participant), down 18.3% in 2022.

$305M
total plan assets (2022 EOY)
1,628
covered participants
97th
percentile by assets (of 139,126 plans)
$187,359
avg assets per participant

The plan reported a net loss of $68M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Beaver Medical Group 401(k) Profit-Sharing Plan vs the 2022 asset distribution

By assets, Beaver Medical Group 401(k) Profit-Sharing Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$373M
Net Assets (End of Year)$305M
Net Income-$68M
Employer EIN330645967
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beaver Medical Group, P.C.)

$-100M$0M$100M$200M$300M$400M 202220232024 $305M $0M ▼ -100.0%
Total plan assets by year, all Beaver Medical Group, P.C. plans on file
Year Plans Participants Total Assets
2022 1 1,628 $305M
2023 1 1,552 $319M
2024 1 1,289 N/A

Nearby 401(k) Plans in Minnesota

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

Beaver Medical Group 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Beaver Medical Group 401(k) Profit-Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Beaver Medical Group 401(k) Profit-Sharing Plan assets move in 2022?
Beaver Medical Group 401(k) Profit-Sharing Plan declined sharply - down 18.3% during 2022, from $373M to $305M. Reported net income was -$68M.
Where does Beaver Medical Group 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers?
Beaver Medical Group 401(k) Profit-Sharing Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Beaver Medical Group 401(k) Profit-Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Medical Solutions 401(k) Plan in NE ($305M, 17,002 participants).

Next read for Beaver Medical Group 401(k) Profit-Shari…

Scale reading

Ways to act on Beaver Medical Group 401(k) Profit-Sharing Plan's numbers.

  • By total assets, Beaver Medical Group 401(k) Profit-Sharing 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