Profit Sharing · DOL Form 5500 · 2023

Allina Health System Profit Sharing Plan

Data updated 2026-08-06

$906M
Total assets
9,417
Participants
98th
Percentile by assets
$96,205
Avg per participant
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Official DOL plan name: Allina 403(b) Retirement Savings Plan · Sponsored by Allina Health System · Minnesota · Healthcare & Social Assistance

$906M in assets, 9,417 participants

Allina Health System's Allina 403(b) Retirement Savings Plan reported $906M in total assets and 9,417 participants in its 2023 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 126,618 plans)
  • #17,392 in Healthcare & Social Assistance (17,626 peers)

Coverage in Minnesota

Allina 403(b) Retirement Savings Plan covers 9,417 participants in Minnesota, 8.1x the typical Minnesota plan (state average ~1,161 per filing). Assets: $906M.

$906M
total plan assets (2023 EOY)
9,417
covered participants
98th
percentile by assets (of 126,618 plans)
$96,205
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Allina 403(b) Retirement Savings Plan reported net income rose from -$271M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Allina 403(b) Retirement Savings Plan reported participants fell from 10,170 in the plan year 2022 filing to 9,417 in the plan year 2023 filing.
  • Allina 403(b) Retirement Savings Plan end-of-year assets rose from $847M in the plan year 2022 filing to $906M in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Allina 403(b) Retirement Savings Plan reports 9,417 participants - 8.1x that state average ($906M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$847M
Net Assets (End of Year)$906M
Net Income$59M
Employer EIN363261413
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Allina Health System)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.56B $4.48B ▲ +25.8%
Total plan assets by year, all Allina Health System plans on file
Year Plans Participants Total Assets
2022 4 38,853 $3.6B
2023 4 39,000 $4.1B
2024 4 38,783 $4.5B

Nearby Profit Sharing Plans in Minnesota

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

Allina 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Allina 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 00.511.522.5 Total assets ($B) Participants Allina 403(b) Retire…Essentia Health Reti…Pipe Trades Services…Fairview Health Serv…Cargill Employee Ret…Regions Hospital Ret…
Allina 403(b) Retirement Savings Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Scale composition for Allina 403(b) Retirement Savings Plan

Allina 403(b) Retirement Savings Plan reports $906M in end-of-year assets across 9,417 participants (0.008% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $96,205 per participant (70% of the national average assets-per-participant) . Net income for plan year 2023 was $59M.

This plan identity (EIN 363261413, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $847M to $902M (+6.6%) while covered participants moved from 10,170 to 8,757 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,170 $847M Open filing
2023 9,417 $906M This page
2024 · index core 8,757 $902M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Allina 403(b) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Allina 403(b) Retirement Savings Plan assets move in 2023?
Allina 403(b) Retirement Savings Plan grew at a solid clip - up 7.0% during 2023, from $847M to $906M. Reported net income was $59M.
How have Allina Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Allina Health System's sponsor-wide assets grew 25.6%, from $3.6B to $4.5B.
Where does Allina 403(b) Retirement Savings Plan rank by assets among Form 5500 filers?
Allina 403(b) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Allina 403(b) Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Mason Tenders District Council Annuity Fund in NY ($913M, 11,237 participants).

Filing takeaways

Ways to act on Allina 403(b) Retirement Savings Plan's numbers.