Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

SANFORD HEALTH EMPLOYEES' PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SANFORD HEALTH

This Defined Benefit (Pension) plan holds $236M in total assets and serves 376 participants as of 2023. It is sponsored by SANFORD HEALTH in South Dakota. The plan reported a net loss of $47M for the year.

Total Assets (2023)
$236M
Participants
376
State
Industry
Healthcare & Social Assistance

What the Filing Says About SANFORD HEALTH EMPLOYEES' PENSION PLAN

SANFORD HEALTH EMPLOYEES' PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by SANFORD HEALTH, headquartered in South Dakota. As of the 2023 Form 5500 filing, the plan reports $236M in total end-of-year assets and covers 376 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 311527032, and the plan has been effective since 1969-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $283M at the beginning of 2023 to $236M at year-end — a decline of 16.6%. Net assets (after liabilities) closed the year at $236M, with reported net income of $-46,876,536 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$283M
Total Assets (End of Year)$236M
Net Assets (End of Year)$236M
Net Income$-46,876,536
Plan TypeDefined Benefit (Pension)
Employer EIN311527032
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SANFORD HEALTH)

Year Plans Participants Total Assets
2022 1 224 $283M
2023 1 376 $236M
2024 1 98 N/A

Nearby Defined Benefit (Pension) Plans in South Dakota

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SANFORD HEALTH EMPLOYEES' PENSION PLAN?
As of the 2023 Form 5500 filing, SANFORD HEALTH EMPLOYEES' PENSION PLAN holds $236M in total assets with 376 participants. It is sponsored by SANFORD HEALTH.
What type of plan is SANFORD HEALTH EMPLOYEES' PENSION PLAN?
SANFORD HEALTH EMPLOYEES' PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1969-07-01. The plan is filed with the U.S. Department of Labor under EIN 311527032.
Who sponsors the SANFORD HEALTH EMPLOYEES' PENSION PLAN?
SANFORD HEALTH EMPLOYEES' PENSION PLAN is sponsored by SANFORD HEALTH, located in South Dakota. The sponsor's EIN is 311527032 and the plan operates in the Healthcare & Social Assistance industry.
How did SANFORD HEALTH EMPLOYEES' PENSION PLAN perform in 2023?
SANFORD HEALTH EMPLOYEES' PENSION PLAN declined by 16.6% during 2023, moving from $283M to $236M in total assets. Net income was $-46,876,536.
Where can I find official filings for SANFORD HEALTH EMPLOYEES' PENSION PLAN?
Official Form 5500 filings for SANFORD HEALTH EMPLOYEES' PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 311527032 or plan name at efast.dol.gov.
How does SANFORD HEALTH EMPLOYEES' PENSION PLAN compare to other plans?
You can compare SANFORD HEALTH EMPLOYEES' PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in South Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 311527032.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.