Other · DOL Form 5500 · 2022

Billings Clinic Retirement Plan

Data updated 2026-08-11

$444M
Total assets
4,393
Participants
98th
Percentile by assets
$101,024
Avg per participant
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Official DOL plan name: Billings Clinic 403b Plan · Sponsored by Billings Clinic · Montana · Healthcare & Social Assistance

$444M in assets, 4,393 participants

Billings Clinic's Billings Clinic 403b Plan reported $444M in total assets and 4,393 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)
  • #19,639 in Healthcare & Social Assistance (20,060 peers)

Coverage in Montana

Billings Clinic 403b Plan covers 4,393 participants in Montana, 16x the typical Montana plan (state average ~271 per filing). Assets: $444M.

$444M
total plan assets (2022 EOY)
4,393
covered participants
98th
percentile by assets (of 139,126 plans)
$101,024
avg assets per participant

The plan reported a net loss of $119M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Montana filers

In Montana, the average filing covers about 271 participants across 404 plans. Billings Clinic 403b Plan reports 4,393 participants - 16x that state average ($444M EOY assets).

Montana filing particulars

Total Assets (Beginning of Year)$562M
Net Assets (End of Year)$444M
Net Income-$119M
Employer EIN810231784
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Billings Clinic)

$600M$700M$800M$900M 202220232024 $651M $858M ▲ +31.9%
Total plan assets by year, all Billings Clinic plans on file
Year Plans Participants Total Assets
2022 3 7,844 $651M
2023 3 7,275 $760M
2024 3 9,784 $858M

Nearby Other Plans in Montana

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

Billings Clinic 403b Plan vs. nearby Other plans in Montana, assets vs. participants

Billings Clinic 403b Plan vs. nearby Other plans in Montana, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0100200300400500 Total assets ($M) Participants Billings Clinic 403b…St. Peter's Hospital…Bozeman Health 403(b…Carroll College 403(…Rocky Mountain Colle…Sidney Health Center…
Billings Clinic 403b Plan vs. nearby Other plans in Montana, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Billings Clinic 403b Plan by total assets, not by location.

Frequently Asked Questions

How did Billings Clinic 403b Plan assets move in 2022?
Billings Clinic 403b Plan declined sharply - down 21.1% during 2022, from $562M to $444M. Reported net income was -$119M.
How have Billings Clinic plan assets changed over time?
Across 3 plan years on file (2022-2024), Billings Clinic's sponsor-wide assets grew 31.9%, from $651M to $858M.
Where does Billings Clinic 403b Plan rank by assets among Form 5500 filers?
Billings Clinic 403b 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 Other plans are similar in size to Billings Clinic 403b Plan?
Among Other plans in other states, the closest by assets is Nyu Langone Hospital-Long Island 403(b) Plan in NY ($445M, 7,426 participants).

Filing takeaways

Ways to act on Billings Clinic 403b Plan's numbers.