401(k) · DOL Form 5500 · 2022

Avera Health 401(k) Plan

Data updated 2026-08-11

$37M
Total assets
522
Participants
85th
Percentile by assets
$70,957
Avg per participant
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Official DOL plan name: Avera Heart Hospital of South Dakota 401(k) Plan · Sponsored by Avera Health · South Dakota · Healthcare & Social Assistance

$37M in assets, 522 participants

Avera Health's Avera Heart Hospital of South Dakota 401(k) Plan reported $37M in total assets and 522 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 139,126 plans)
  • #17,548 in Healthcare & Social Assistance (20,060 peers)

Where Avera Heart Hospital of South Dakota 401(k) Plan sits by assets

Avera Heart Hospital of South Dakota 401(k) Plan sits in the top quartile of all filed plans by assets, $37M for 522 participants (~$70,957/participant), down 17.1% in 2022.

$37M
total plan assets (2022 EOY)
522
covered participants
85th
percentile by assets (of 139,126 plans)
$70,957
avg assets per participant

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Avera Heart Hospital of South Dakota 401(k) Plan sits by total assets

Avera Heart Hospital of South Dakota 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$37,039,367 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
South Dakota
Industry
Healthcare & Social Assistance

Avera Heart Hospital of South Dakota 401(k) Plan vs the 2022 asset distribution

By assets, Avera Heart Hospital of South Dakota 401(k) Plan outranks 85% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$37M
Net Income-$8M
Employer EIN562143771
Plan Effective Date2010-10-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Avera Health)

$35M$40M$45M$50M$55M 202220232024 $37M $51.5M ▲ +39.1%
Total plan assets by year, all Avera Health plans on file
Year Plans Participants Total Assets
2022 1 522 $37M
2023 1 542 $43M
2024 1 566 $52M

Nearby 401(k) Plans in South Dakota

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

Avera Heart Hospital of South Dakota 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants Avera Heart Hospital…, Total assets ($M): 37.039367 · Participants: 522Avera Heart Hospital…Black Hills Corporat…, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporat…Good Samaritan Socie…, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Socie…Daktronics, Inc. 401…, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401…Premier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401…, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401…
Avera Heart Hospital of South Dakota 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Avera Heart Hospital of South Dakota 401… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Avera Heart Hospital of South Dakota 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Avera Heart Hospital of South Dakota 401(k) Plan assets move in 2022? ▼
Avera Heart Hospital of South Dakota 401(k) Plan declined sharply - down 17.1% during 2022, from $45M to $37M. Reported net income was -$8M.
How have Avera Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avera Health's sponsor-wide assets grew 39.1%, from $37M to $52M.
Where does Avera Heart Hospital of South Dakota 401(k) Plan rank by assets among Form 5500 filers? ▼
Avera Heart Hospital of South Dakota 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Avera Heart Hospital of South Dakota 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Absolute Software, Inc. 401(k) Plan in TX ($37M, 128 participants).

Next read for Avera Heart Hospital of South Dakota 401…

Scale reading

Ways to act on Avera Heart Hospital of South Dakota 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 562143771.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.