401(k) · DOL Form 5500 · 2022
North Memorial Health 401(k) Plan
Data updated 2026-08-06
- $482M
- Total assets
- 4,295
- Participants
- 98th
- Percentile by assets
- $112,290
- Avg per participant
Official DOL plan name: North Memorial Health Care 401(k) Plan · Sponsored by North Memorial Health · Minnesota · Healthcare & Social Assistance
$482M in assets, 4,295 participants
North Memorial Health's North Memorial Health Care 401(k) Plan reported $482M in total assets and 4,295 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 139,258 plans)
- #19,692 in Healthcare & Social Assistance (20,087 peers)
Coverage in Minnesota
North Memorial Health Care 401(k) Plan covers 4,295 participants in Minnesota, 3.7x the typical Minnesota plan (state average ~1,161 per filing). Assets: $482M.
- $482M
- total plan assets (2022 EOY)
- 4,295
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $112,290
- 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 1,161 participants across 2,725 plans. North Memorial Health Care 401(k) Plan reports 4,295 participants - 3.7x that state average ($482M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $515M |
|---|---|
| Net Assets (End of Year) | $414M |
| Net Income | -$101M |
| Employer EIN | 410729979 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (North Memorial Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,484 | $523M |
| 2023 | 2 | 6,450 | $696M |
| 2024 | 1 | 6,766 | $778M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
North Memorial Health Care 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to North Memorial Health Care 401(k) Plan by total assets, not by location.
- Tapestry, Inc. 401(k) Savings Plan (NY) $482M · 10,388
- Bass Pro Group, LLC 401(k) Plan (MO) $482M · 28,139
- Diebold, Incorporated 401(k) Savings Plan (OH) $483M · 3,691
- Asbury Automotive Retirement Savings Plan (GA) $482M · 8,223
Frequently Asked Questions
How did North Memorial Health Care 401(k) Plan assets move in 2022? ▼
How have North Memorial Health plan assets changed over time? ▼
Where does North Memorial Health Care 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to North Memorial Health Care 401(k) Plan? ▼
Next read for North Memorial Health Care 401(k) Plan
Filing takeaways
Ways to act on North Memorial Health Care 401(k) Plan's numbers.
- By total assets, North Memorial Health Care 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- North Memorial Health's sponsor-wide assets have grown 48.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans