401(k) · DOL Form 5500 · 2023

Allina Health System 401(k) Plan

Data updated 2026-08-11

$3.2B
Total assets
29,148
Participants
100th
Percentile by assets
$109,306
Avg per participant
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Official DOL plan name: Allina 401(k) Retirement Savings Plan · Sponsored by Allina Health System · Minnesota · Healthcare & Social Assistance

$3.2B in assets, 29,148 participants

Allina Health System's Allina 401(k) Retirement Savings Plan reported $3.2B in total assets and 29,148 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 127,072 plans)
  • #17,636 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Allina 401(k) Retirement Savings Plan covers 29,148 participants in Minnesota, 26x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.2B.

$3.2B
total plan assets (2023 EOY)
29,148
covered participants
100th
percentile by assets (of 127,072 plans)
$109,306
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Allina 401(k) Retirement Savings Plan reported net income rose from -$423M in the plan year 2022 filing to $508M in the plan year 2023 filing.
  • Allina 401(k) Retirement Savings Plan end-of-year assets rose from $2.7B in the plan year 2022 filing to $3.2B in the plan year 2023 filing.
  • Allina 401(k) Retirement Savings Plan reported participants rose from 28,249 in the plan year 2022 filing to 29,148 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Allina 401(k) Retirement Savings Plan reports 29,148 participants - 26x that state average ($3.2B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$3.2B
Net Income$508M
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 401(k) Plans in Minnesota

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

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

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

Scale composition for Allina 401(k) Retirement Savings Plan

Allina 401(k) Retirement Savings Plan reports $3.2B in end-of-year assets across 29,148 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.031% of 93,925,755 covered participants) - about $109,306 per participant (79% of the national average assets-per-participant) . Net income for plan year 2023 was $508M.

This plan identity (EIN 363261413, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.5B (+31.9%) while covered participants moved from 28,249 to 29,592 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 28,249 $2.7B Open filing
2023 29,148 $3.2B This page
2024 · index core 29,592 $3.5B Open filing

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

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Allina 401(k) Retirement Savings Plan assets move in 2023?
Allina 401(k) Retirement Savings Plan grew sharply - up 19.0% during 2023, from $2.7B to $3.2B. Reported net income was $508M.
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 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Allina 401(k) Retirement Savings 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 Allina 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Tjx Companies, Inc. 401(k) Savings Plan in MA ($3.2B, 108,909 participants).

Filing takeaways

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