401(k) · DOL Form 5500 · 2023
University of Minnesota Physicians 401(k) Plan
Data updated 2026-08-25
- $933M
- Total assets Above avg plan size
- 4,047
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $230,458
- Avg per participant Above avg balance/head
Official DOL plan name: University of Minnesota Physicians Retirement Savings and 401(k) Plan · Sponsored by University of Minnesota Physicians · Minnesota · Healthcare & Social Assistance
$933M in assets, 4,047 participants
University of Minnesota Physicians's University of Minnesota Physicians Retirement Savings and 401(k) Plan reported $933M in total assets and 4,047 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #17,458 in Healthcare & Social Assistance (17,684 peers)
Coverage in Minnesota
University of Minnesota Physicians Retirement Savings and 401(k) Plan covers 4,047 participants in Minnesota, 3.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $933M.
- #17,458
- in Healthcare & Social Assistance (17,684 peers)
- +26.1%
- assets growth YoY
- 9.4×
- vs typical plan assets (national mean)
University of Minnesota Physicians Retirement Savings and 401(k) Plan's outsized position by total assets
University of Minnesota Physicians Retirement Savings and 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$932,662,946 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
University of Minnesota Physicians Retirement Savings and 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. University of Minnesota Physicians Retirement Savings and 401(k) Plan lands in the large band (4,047 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- University of Minnesota Physicians Retirement Savings and 401(k) Plan reported net income rose from -$122M in the plan year 2022 filing to $193M in the plan year 2023 filing.
- University of Minnesota Physicians Retirement Savings and 401(k) Plan end-of-year assets rose from $739M in the plan year 2022 filing to $933M in the plan year 2023 filing.
- University of Minnesota Physicians Retirement Savings and 401(k) Plan reported participants rose from 3,865 in the plan year 2022 filing to 4,047 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 411843943 · University of Minnesota Physicians PY 2023 · 401(k)
University of Minnesota Physicians Retirement Savings and 401(k) Plan · $933M · 4,047 · 99th
- NET $933M
- BOOK 4,047
- VS-ST 99th
- BOY 401(k)
- SCH near Devon Energy Corporation Incentive Savings Plan
- EBSA ind #17458
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 →
University of Minnesota Physicians Retirement Savings and 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $739M |
|---|---|
| Net Assets (End of Year) | $933M |
| Net Income | $193M |
| Employer EIN | 411843943 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (University of Minnesota Physicians)
Sponsor-wide plan assets over time
All University of Minnesota Physicians plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 49.601820860924555% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,865 | $739M |
| 2023 | 1 | 4,047 | $933M |
| 2024 | 1 | 4,568 | $1.1B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
University of Minnesota Physicians Retirement Savings and 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Devon Energy Corporation Incentive Savings Plan in OK ($933M); by covered participants it is Sei Capital Accumulation Plan in PA (4,047 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($933M here).
- Devon Energy Corporation Incentive Savings Plan (OK) $933M · 1,858
- Chicago Mercantile Exchange, Inc. 401(k) Savings Plan (IL) $932M · 2,282
- Penske Automotive Group 401(k) Savings and Retirement Plan (MI) $933M · 12,918
- Littler Mendelson 401(k) Plan and Trust (CA) $932M · 2,136
Similar participant headcount
Nearest other-state filings by covered participants (4,047 participants); asset peers above are excluded.
- Sei Capital Accumulation Plan (PA) 4,047 · 0 off
- Marten Transport Retirement Savings Plan (WI) 4,047 · 0 off
- Opko Health, Inc. 401(k) Plan (FL) 4,047 · 0 off
- Nextier Oilfield Solutions 401(k) Plan (TX) 4,045 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.