401(k) · DOL Form 5500 · 2022

Ks Management Services, L.L.C. 401(k) Plan

Data updated 2026-08-11

$549M
Total assets
4,412
Participants
98th
Percentile by assets
$124,542
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Kelsey-Seybold 401(k) Plan · Sponsored by Ks Management Services, L.L.C. · Minnesota · Healthcare & Social Assistance

$549M in assets, 4,412 participants

Ks Management Services, L.L.C.'s Kelsey-Seybold 401(k) Plan reported $549M in total assets and 4,412 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,705 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Kelsey-Seybold 401(k) Plan covers 4,412 participants in Minnesota, 3.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $549M.

$549M
total plan assets (2022 EOY)
4,412
covered participants
98th
percentile by assets (of 139,126 plans)
$124,542
avg assets per participant

The plan reported a net loss of $101M 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. Kelsey-Seybold 401(k) Plan reports 4,412 participants - 3.9x that state average ($549M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$650M
Net Assets (End of Year)$549M
Net Income-$101M
Employer EIN760602862
Plan Effective Date2005-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ks Management Services, L.L.C.)

$500M$600M$700M$800M 202220232024 $549M $744M ▲ +35.3%
Total plan assets by year, all Ks Management Services, L.L.C. plans on file
Year Plans Participants Total Assets
2022 1 4,412 $549M
2023 1 5,306 $661M
2024 1 6,502 $744M

Nearby 401(k) Plans in Minnesota

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

Kelsey-Seybold 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Kelsey-Seybold 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Kelsey-Seybold 401(k…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Kelsey-Seybold 401(k) 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 Kelsey-Seybold 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Kelsey-Seybold 401(k) Plan assets move in 2022?
Kelsey-Seybold 401(k) Plan declined sharply - down 15.5% during 2022, from $650M to $549M. Reported net income was -$101M.
How have Ks Management Services, L.L.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ks Management Services, L.L.C.'s sponsor-wide assets grew 35.3%, from $549M to $744M.
Where does Kelsey-Seybold 401(k) Plan rank by assets among Form 5500 filers?
Kelsey-Seybold 401(k) Plan ranks in the 98th 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 Kelsey-Seybold 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bentley Systems, Incorporated Profit Sharing/401(k) Plan in PA ($550M, 1,523 participants).

Filing takeaways

Ways to act on Kelsey-Seybold 401(k) Plan's numbers.