401(k) · DOL Form 5500 · 2023

SANFORD 401(k) Plan

Data updated 2026-08-25

$3.1B
Total assets Very large vs avg
30,495
Participants Very large workforce
100th
Percentile by assets National rank
$101,996
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sanford Retirement Savings Plan · Sponsored by SANFORD · North Dakota · Healthcare & Social Assistance

$3.1B in assets, 30,495 participants

SANFORD's Sanford Retirement Savings Plan reported $3.1B in total assets and 30,495 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.

  • #17,635 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Dakota

Sanford Retirement Savings Plan covers 30,495 participants in North Dakota, 60x the typical North Dakota plan (state average ~504 per filing). Assets: $3.1B.

#17,635
in Healthcare & Social Assistance (17,684 peers)
+27.0%
assets growth YoY
31×
vs typical plan assets (national mean)

Sanford Retirement Savings Plan's outsized position by total assets

Sanford Retirement Savings Plan vs every filed plan by assets

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

$3,110,361,496 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

Sanford Retirement Savings 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. Sanford Retirement Savings Plan is a mega filing (30,495 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sanford Retirement Savings Plan reported net income rose from -$416M in the plan year 2022 filing to $640M in the plan year 2023 filing.
  • Sanford Retirement Savings Plan end-of-year assets rose from $2.4B in the plan year 2022 filing to $3.1B in the plan year 2023 filing.
  • Sanford Retirement Savings Plan reported participants rose from 30,145 in the plan year 2022 filing to 30,495 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 271218956 · SANFORD PY 2023 · 401(k)

Sanford Retirement Savings Plan · $3.1B · 30,495 · 100th

  • 5500 $3.1B
  • ASSETS 30,495
  • PCT 100th
  • EIN 401(k)
  • RANK near Iqvia 401(k) Plan
  • PHOTO ind #17635

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 North Dakota →

Sanford Retirement Savings Plan in the asset neighbourhood

Intuit Inc. 401(k) Plan$3.1BSanford Retirement Savings PlanSanford Retirement Savings P…$3.1BIqvia 401(k) Plan$3.1BValero Energy Corporation Thrift PlanValero Energy Corporation Th…$3.1BBattelle Employees' Savings PlanBattelle Employees' Savings …$3.1B
End-of-year total assets ($B) among Sanford Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$2.4B
Net Assets (End of Year)$3.1B
Net Income$640M
Employer EIN271218956
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SANFORD)

Sponsor-wide plan assets over time

All SANFORD plans reported in each filing year

Latest sponsor-wide plan assets
$3.6B 37.08702205547847% vs 2022
2024 filing year
$2.5B$3B$3.5B$4B 202220232024 $2.63B $3.6B ▲ +36.9%
Year Plans Participants Total Assets
2022 2 36,661 $2.6B
2023 2 35,983 $3.1B
2024 2 35,876 $3.6B

Nearby 401(k) Plans in North Dakota

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

Sanford Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Sanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.501276799 · Participants: 4790Offutt Companies 401(k) Savings Plan
Sanford Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Scale composition for Sanford Retirement Savings Plan

Sanford Retirement Savings Plan reports $3.1B in end-of-year assets across 30,495 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 $101,996 per participant (74% of the national average assets-per-participant) . Net income for plan year 2023 was $640M.

This plan identity (EIN 271218956, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.6B (+47.1%) while covered participants moved from 30,145 to 31,958 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 30,145 $2.4B Open filing
2023 30,495 $3.1B This page
2024 · index core 31,958 $3.6B Open filing

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

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

Outside North Dakota, the nearest 401(k) by assets is Iqvia 401(k) Plan in NC ($3.1B); by covered participants it is Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees in MI (30,516 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (30,495 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 Sanford Retirement Savings Plan assets move in 2023?
Sanford Retirement Savings Plan grew sharply - up 27.0% during 2023, from $2.4B to $3.1B. Reported net income was $640M.
How have SANFORD plan assets changed over time?
Across 3 plan years on file (2022-2024), SANFORD's sponsor-wide assets grew 37.1%, from $2.6B to $3.6B.
Where does Sanford Retirement Savings Plan rank by assets among Form 5500 filers?
Sanford 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 Sanford Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Iqvia 401(k) Plan in NC ($3.1B, 20,893 participants).
Which 401(k) plans cover a similar participant headcount to Sanford Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees in MI (30,516 participants, $15.6B in assets).