401(k) · DOL Form 5500 · 2022

Avera Health 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
522
Participants Below avg headcount
85th
Percentile by assets National rank
$70,957
Avg per participant Below avg balance/head
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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.

  • #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.

#17,548
in Healthcare & Social Assistance (20,060 peers)
-17.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Avera Heart Hospital of South Dakota 401(k) Plan's outsized position 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 $2,050,000,000 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

Avera Heart Hospital of South Dakota 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avera Heart Hospital of South Dakota 401(k) Plan sits mid-pack in the medium band (522 participants).

Plan-year Form 5500 strip

Filing strip 562143771 · Avera Health PY 2022 · 401(k)

Avera Heart Hospital of South Dakota 401(k) Plan · $37M · 522 · 85th

  • RANK $37M
  • PHOTO 522
  • IND 85th
  • EOY 401(k)
  • 5500 near Absolute Software, Inc. 401(k) Plan
  • ASSETS ind #17548

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in South Dakota →

Avera Heart Hospital of South Dakota 401(k) Plan in the asset neighbourhood

Avera Heart Hospital of South Dakota 401(k) PlanAvera Heart Hospital of Sout…$37MAbsolute Software, Inc. 401(k) PlanAbsolute Software, Inc. 401(…$37MMonarch Life Insurance Company Savings PlanMonarch Life Insurance Compa…$37MPremier Surgical Associates, PLLC 401(k) Profit Sharing PlanPremier Surgical Associates,…$37MMagic Software Participating Companies 401(k) PlanMagic Software Participating…$37M
End-of-year total assets ($M) among Avera Heart Hospital of South Dakota 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Avera Health plans reported in each filing year

Latest sponsor-wide plan assets
$52M 39.13958896759764% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37M $51.5M ▲ +39.1%
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 ($M) Participants Avera Heart Hospital of South Dakota 401(k) Plan, Total assets ($M): 37.039367 · Participants: 522Avera Heart Hospital of South Dakota 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401(k) Plan, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401(k) Plan
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(k) Plan side-by-side with 3 peers →

Avera Heart Hospital of South Dakota 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Absolute Software, Inc. 401(k) Plan in TX ($37M); by covered participants it is Armstrong & Teasdale 401(k) Plan in MO (522 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (522 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Avera Heart Hospital of South Dakota 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Armstrong & Teasdale 401(k) Plan in MO (522 participants, $129M in assets).

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.