Profit Sharing · DOL Form 5500 · 2022

Mrci 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$10M
Total assets
1,169
Participants
45th
Percentile by assets

Sponsored by Mankato Rehabilitation Center, Inc. · Minnesota · Healthcare & Social Assistance

What the 2022 filing shows

Mrci 403(b) Plan holds $10M for 1,169 participants - about $8,401 per participant, in the lower half of filed plans by assets, down 17.9% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
1,169
covered participants
45th
percentile by assets (of 84,055 plans)
$8,401
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
1,169
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mrci 403(b) Plan

Mrci 403(b) Plan is a Profit Sharing retirement plan sponsored by Mankato Rehabilitation Center, Inc., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 1,169 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 410736870, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end - a decline of 17.9%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-2,135,708 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-2,135,708
Plan TypeProfit Sharing
Employer EIN410736870
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mankato Rehabilitation Center, Inc.)

Year Plans Participants Total Assets
2022 1 1,169 $10M
2023 1 1,239 $11M
2024 1 1,436 $12M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Mrci 403(b) Plan?
As of the 2022 Form 5500 filing, Mrci 403(b) Plan holds $10M in total assets with 1,169 participants. It is sponsored by Mankato Rehabilitation Center, Inc..
What type of plan is Mrci 403(b) Plan?
Mrci 403(b) Plan is a Profit Sharing plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 410736870.
Who sponsors the Mrci 403(b) Plan?
Mrci 403(b) Plan is sponsored by Mankato Rehabilitation Center, Inc., located in Minnesota. The sponsor's EIN is 410736870 and the plan operates in the Healthcare & Social Assistance industry.
How did Mrci 403(b) Plan perform in 2022?
Mrci 403(b) Plan declined by 17.9% during 2022, moving from $12M to $10M in total assets. Net income was $-2,135,708.
Where can I find official filings for Mrci 403(b) Plan?
Official Form 5500 filings for Mrci 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410736870 or plan name at efast.dol.gov.
How does Mrci 403(b) Plan compare to other plans?
You can compare Mrci 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 410736870.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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