Other · DOL Form 5500 · 2023

SANFORD Retirement Plan

Data updated 2026-08-11

$2M
Total assets
5,488
Participants
29th
Percentile by assets
$332
Avg per participant
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Official DOL plan name: Sanford 403(b) Retirement Savings Plan · Sponsored by SANFORD · North Dakota · Healthcare & Social Assistance

$2M in assets, 5,488 participants

SANFORD's Sanford 403(b) Retirement Savings Plan reported $2M in total assets and 5,488 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • 29th percentile by assets (of 127,072 plans)
  • #4,870 in Healthcare & Social Assistance (17,684 peers)

Coverage in North Dakota

Sanford 403(b) Retirement Savings Plan covers 5,488 participants in North Dakota, 11x the typical North Dakota plan (state average ~504 per filing). Assets: $2M.

$2M
total plan assets (2023 EOY)
5,488
covered participants
29th
percentile by assets (of 127,072 plans)
$332
avg assets per participant

The plan reported a net loss of $178M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Sanford 403(b) Retirement Savings Plan sits by total assets

Sanford 403(b) Retirement Savings Plan vs every filed plan by assets

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

$1,819,723 29th percentile higher than 29% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sanford 403(b) Retirement Savings Plan reported net income fell from -$53M in the plan year 2022 filing to -$178M in the plan year 2023 filing.
  • Sanford 403(b) Retirement Savings Plan end-of-year assets fell from $179M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sanford 403(b) Retirement Savings Plan reported participants fell from 6,516 in the plan year 2022 filing to 5,488 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
North Dakota
Industry
Healthcare & Social Assistance

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Sanford 403(b) Retirement Savings Plan reports 5,488 participants - 11x that state average ($2M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$2M
Net Income-$178M
Employer EIN271218956
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SANFORD)

$2.5B$3B$3.5B$4B 202220232024 $2.63B $3.6B ▲ +36.9%
Total plan assets by year, all SANFORD plans on file
Year Plans Participants Total Assets
2022 2 36,661 $2.6B
2023 2 35,983 $3.1B
2024 2 35,876 $3.6B

Nearby Other Plans in North Dakota

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

Sanford 403(b) Retirement Savings Plan vs. nearby Other plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -50050100150200 Total assets ($M) Participants Sanford 403(b) Retir…, Total assets ($M): 1.819723 · Participants: 5488Sanford 403(b) Retir…The 403(b) Thrift Pl…, Total assets ($M): 164.918093 · Participants: 1491The 403(b) Thrift Pl…University of Mary E…, Total assets ($M): 63.187544 · Participants: 449University of Mary E…West River Health Se…, Total assets ($M): 25.261968 · Participants: 293West River Health Se…University of Jamest…, Total assets ($M): 24.564188 · Participants: 357University of Jamest…Able, Inc. 403(b) Plan, Total assets ($M): 12.254206 · Participants: 251Able, Inc. 403(b) Plan
Sanford 403(b) Retirement Savings Plan vs. nearby Other plans in North Dakota, assets vs. participants
Compare Sanford 403(b) Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

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

Frequently Asked Questions

How did Sanford 403(b) Retirement Savings Plan assets move in 2023? ▼
Sanford 403(b) Retirement Savings Plan contracted severely - down 99.0% during 2023, from $179M to $2M. Reported net income was -$178M.
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.
Which Other plans are similar in size to Sanford 403(b) Retirement Savings Plan? ▼
Among Other plans in other states, the closest by assets is Challenge Enterprises of North Florida, Inc. Retirement Plan in FL ($2M, 295 participants).

Next read for Sanford 403(b) Retirement Savings Plan

Filing takeaways

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

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 271218956.

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.