401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$3.0B
Total assets Very large vs avg
29,605
Participants Very large workforce
100th
Percentile by assets National rank
$102,822
Avg per participant Below avg balance/head
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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.

  • #17,633 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Optumcare 401(k) Retirement Plan covers 29,605 participants in Minnesota, 26x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.0B.

#17,633
in Healthcare & Social Assistance (17,684 peers)
+223.9%
assets growth YoY
31×
vs typical plan assets (national mean)

Optumcare 401(k) Retirement Plan's outsized position by total assets

Optumcare 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,044,058,154 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Optumcare 401(k) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Optumcare 401(k) Retirement Plan is a mega filing (29,605 participants), the rightmost band on the breakdown.

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 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 061469068 · Prohealth Physicians, P.C. PY 2023 · 401(k)

Optumcare 401(k) Retirement Plan · $3.0B · 29,605 · 100th

  • PCT $3.0B
  • PCT 29,605
  • PCT 100th
  • PCT 401(k)
  • PCT near The Wegmans Retirement Plans
  • PCT ind #17633

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Optumcare 401(k) Retirement Plan in the asset neighbourhood

Battelle Employees' Savings PlanBattelle Employees' Savings …$3.1BBarclays 401(k) Plan$3.1BOptumcare 401(k) Retirement PlanOptumcare 401(k) Retirement …$3.0BThe Wegmans Retirement Plans$3.0BColgate-Palmolive Company Employees Savings & Investment PlanColgate-Palmolive Company Em…$3.0B
End-of-year total assets ($B) among Optumcare 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Prohealth Physicians, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$4.6B 391.335963851586% vs 2022
2024 filing year
$0B$2B$4B$6B 202220232024 $0.94B $4.62B ▲ +391.5%
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 Scatter plot of 6 data points. 0100000200000300000400000500000 0510152025 Total assets ($B) Participants Optumcare 401(k) Retirement Plan, Total assets ($B): 3.044058154 · Participants: 29605Optumcare 401(k) Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
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 (0.025% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.032% of 93,925,755 covered participants) - about $102,822 per participant (74% 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:

Optumcare 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Wegmans Retirement Plans in NY ($3.0B); by covered participants it is Caesars Entertainment, Inc 401(k) Plan in NV (29,628 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (29,605 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 127,072 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).
Which 401(k) plans cover a similar participant headcount to Optumcare 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Caesars Entertainment, Inc 401(k) Plan in NV (29,628 participants, $1.8B in assets).

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.