Profit Sharing · DOL Form 5500 · 2022

Hennepin Healthcare Research Institute Profit Sharing Plan

Data updated 2026-08-11

$23M
Total assets
186
Participants
80th
Percentile by assets
$125,910
Avg per participant
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Official DOL plan name: Hennepin Healthcare Research Institute Retirement Plan · Sponsored by Hennepin Healthcare Research Institute · Minnesota · Professional & Technical Services

$23M in assets, 186 participants

Hennepin Healthcare Research Institute's Hennepin Healthcare Research Institute Retirement Plan reported $23M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 139,126 plans)
  • #17,222 in Professional & Technical Services (21,562 peers)

Coverage in Minnesota

Hennepin Healthcare Research Institute Retirement Plan covers 186 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $23M.

$23M
total plan assets (2022 EOY)
186
covered participants
80th
percentile by assets (of 139,126 plans)
$125,910
avg assets per participant

The plan reported a net loss of $6M 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 1,126 participants across 2,865 plans. Hennepin Healthcare Research Institute Retirement Plan reports 186 participants - about 17% of that state average ($23M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$23M
Net Income-$6M
Employer EIN411677920
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hennepin Healthcare Research Institute)

$35M$40M$45M$50M$55M 202220232024 $40.1M $51.1M ▲ +27.5%
Total plan assets by year, all Hennepin Healthcare Research Institute plans on file
Year Plans Participants Total Assets
2022 2 392 $40M
2023 2 385 $46M
2024 2 413 $51M

Nearby Profit Sharing Plans in Minnesota

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

Hennepin Healthcare Research Institute Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Hennepin Healthcare Research Institute Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Hennepin Healthcare …Essentia Health Reti…Pipe Trades Services…Allina 403(b) Retire…Fairview Health Serv…Cargill Employee Ret…
Hennepin Healthcare Research Institute Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hennepin Healthcare Research Institute Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Hennepin Healthcare Research Institute Retirement Plan assets move in 2022?
Hennepin Healthcare Research Institute Retirement Plan declined sharply - down 19.4% during 2022, from $29M to $23M. Reported net income was -$6M.
How have Hennepin Healthcare Research Institute plan assets changed over time?
Across 3 plan years on file (2022-2024), Hennepin Healthcare Research Institute's sponsor-wide assets grew 27.5%, from $40M to $51M.
Where does Hennepin Healthcare Research Institute Retirement Plan rank by assets among Form 5500 filers?
Hennepin Healthcare Research Institute Retirement Plan ranks in the 80th 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 Profit Sharing plans are similar in size to Hennepin Healthcare Research Institute Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is All One God Faith, Inc. Profit Sharing Plan in CA ($23M, 254 participants).

Next read for Hennepin Healthcare Research Institute R…

Filing takeaways

Ways to act on Hennepin Healthcare Research Institute Retirement Plan's numbers.