401(k) · DOL Form 5500 · 2023

Prohealth Physicians, P.C. 401(k) Plan

Data updated 2026-08-06

$3.0B
Total assets
29,605
Participants
100th
Percentile by assets
$102,822
Avg per participant
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Official DOL plan name: Optumcare 401(k) Retirement Plan · Sponsored by Prohealth Physicians, P.C. · Minnesota · Healthcare & Social Assistance

$3.0B in assets, 29,605 participants

Prohealth Physicians, P.C.'s Optumcare 401(k) Retirement Plan reported $3.0B in total assets and 29,605 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 126,618 plans)
  • #17,575 in Healthcare & Social Assistance (17,626 peers)

Coverage in Minnesota

Optumcare 401(k) Retirement Plan covers 29,605 participants in Minnesota, 25x the typical Minnesota plan (state average ~1,161 per filing). Assets: $3.0B.

$3.0B
total plan assets (2023 EOY)
29,605
covered participants
100th
percentile by assets (of 126,618 plans)
$102,822
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Optumcare 401(k) Retirement Plan reported net income rose from -$129M in the plan year 2022 filing to $499M in the plan year 2023 filing.
  • Optumcare 401(k) Retirement Plan end-of-year assets rose from $940M in the plan year 2022 filing to $3.0B in the plan year 2023 filing.
  • Optumcare 401(k) Retirement Plan reported participants rose from 14,452 in the plan year 2022 filing to 29,605 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Healthcare & Social Assistance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Optumcare 401(k) Retirement Plan reports 29,605 participants - 25x that state average ($3.0B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$940M
Net Assets (End of Year)$3.0B
Net Income$499M
Employer EIN061469068
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prohealth Physicians, P.C.)

$0B$2B$4B$6B 202220232024 $0.94B $4.62B ▲ +391.5%
Total plan assets by year, all Prohealth Physicians, P.C. plans on file
Year Plans Participants Total Assets
2022 1 14,452 $940M
2023 1 29,605 $3.0B
2024 1 34,492 $4.6B

Nearby 401(k) Plans in Minnesota

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

Optumcare 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Optumcare 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000500000 0510152025 Total assets ($B) Participants Optumcare 401(k) Ret…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Optumcare 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Optumcare 401(k) Retirement Plan side-by-side with 3 peers →

Scale composition for Optumcare 401(k) Retirement Plan

Optumcare 401(k) Retirement Plan reports $3.0B in end-of-year assets across 29,605 participants (0.026% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.033% of 89,805,449 covered participants) - about $102,822 per participant (75% of the national average assets-per-participant) . Net income for plan year 2023 was $499M.

This plan identity (EIN 061469068, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $940M to $4.6B (+391.3%) while covered participants moved from 14,452 to 34,492 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,452 $940M Open filing
2023 29,605 $3.0B This page
2024 · index core 34,492 $4.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Optumcare 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Optumcare 401(k) Retirement Plan assets move in 2023? ▼
Optumcare 401(k) Retirement Plan surged - up 223.9% during 2023, from $940M to $3.0B. Reported net income was $499M.
How have Prohealth Physicians, P.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Prohealth Physicians, P.C.'s sponsor-wide assets grew 391.3%, from $940M to $4.6B.
Where does Optumcare 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Optumcare 401(k) Retirement Plan ranks in the 100th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Optumcare 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Wegmans Retirement Plans in NY ($3.0B, 41,071 participants).

Next read for Optumcare 401(k) Retirement Plan

Filing takeaways

Ways to act on Optumcare 401(k) Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061469068.

Read our methodology - how this data is sourced, computed, and verified.

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