Defined Benefit (Pension) · DOL Form 5500 · 2023

Sanford Health Pension Plan

Data updated 2026-08-25

$236M
Total assets Near avg plan size
376
Participants Below avg headcount
95th
Percentile by assets National rank
$628,628
Avg per participant High balance/head
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Official DOL plan name: Sanford Health Employees' Pension Plan · Sponsored by Sanford Health · South Dakota · Healthcare & Social Assistance

$236M in assets, 376 participants

Sanford Health's Sanford Health Employees' Pension Plan reported $236M in total assets and 376 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #16,949 in Healthcare & Social Assistance (17,684 peers)

Where Sanford Health Employees' Pension Plan sits by assets

Sanford Health Employees' Pension Plan sits in the top 5% of all filed plans by assets, $236M for 376 participants (~$628,628/participant), down 16.6% in 2023.

#16,949
in Healthcare & Social Assistance (17,684 peers)
-16.6%
assets change YoY
2.4×
vs typical plan assets (national mean)

The plan reported a net loss of $47M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sanford Health Employees' Pension Plan's outsized position by total assets

Sanford Health Employees' Pension Plan vs every filed plan by assets

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

$236,364,076 Top 5% higher than 95% 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 Health Employees' Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sanford Health Employees' Pension Plan sits mid-pack in the medium band (376 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sanford Health Employees' Pension Plan reported participants rose from 224 in the plan year 2022 filing to 376 in the plan year 2023 filing.
  • Sanford Health Employees' Pension Plan end-of-year assets fell from $283M in the plan year 2022 filing to $236M in the plan year 2023 filing.
  • Sanford Health Employees' Pension Plan reported net income fell from -$43M in the plan year 2022 filing to -$47M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311527032 · Sanford Health PY 2023 · Defined Benefit (Pension)

Sanford Health Employees' Pension Plan · $236M · 376 · 95th

  • PCT $236M
  • PCT 376
  • PCT 95th
  • PCT Defined Benefit (Pension)
  • PCT near The Metropolitan Museum of Art Retirement Plan for Covered Union Employees
  • PCT ind #16949

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 South Dakota →

Sanford Health Employees' Pension Plan in the asset neighbourhood

Sanford Health Employees' Pension PlanSanford Health Employees' Pe…$236MThe Metropolitan Museum of Art Retirement Plan for Covered Union EmployeesThe Metropolitan Museum of A…$236MFroedtert South, Inc. Employees' Pension PlanFroedtert South, Inc. Employ…$236MAccenture United States New Pension PlanAccenture United States New …$236MNon-Contributory Retirement Program for Certain Employees of Hawaii Medical Service AssociationNon-Contributory Retirement …$236M
End-of-year total assets ($M) among Sanford Health Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$283M
Net Assets (End of Year)$236M
Net Income-$47M
Employer EIN311527032
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sanford Health)

Sponsor-wide plan assets over time

All Sanford Health plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$100M$200M$300M$400M 202220232024 $283M $0M ▼ -100.0%
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.

Sanford Health Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in South Dakota, assets vs. participants Scatter plot of 5 data points. -100001000200030004000 0100200300400 Total assets ($M) Participants Sanford Health Employees' Pension Plan, Total assets ($M): 236.364076 · Participants: 376Sanford Health Employees' Pension PlanBlack Hills Retirement Plan, Total assets ($M): 310.761794 · Participants: 776Black Hills Retirement PlanBakers Local No 433 Pension Plan, Total assets ($M): 146.452409 · Participants: 0Bakers Local No 433 Pension PlanMonument Health, Inc. Pension Plan, Total assets ($M): 106.098481 · Participants: 3078Monument Health, Inc. Pension PlanGcc Dacotah, Inc. Defined Benefit Pension Plan, Total assets ($M): 25.177823 · Participants: 37Gcc Dacotah, Inc. Defined Benefit Pension Plan
Sanford Health Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in South Dakota, assets vs. participants
Compare Sanford Health Employees' Pension Plan side-by-side with 3 peers →

Sanford Health Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside South Dakota, the nearest Defined Benefit (Pension) by assets is The Metropolitan Museum of Art Retirement Plan for Covered Union Employees in NY ($236M); by covered participants it is Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. in NC (376 participants). Same-state nearby plans are listed separately above.

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 Health Employees' Pension Plan assets move in 2023? ▼
Sanford Health Employees' Pension Plan declined sharply - down 16.6% during 2023, from $283M to $236M. Reported net income was -$47M.
Where does Sanford Health Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Sanford Health Employees' Pension Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sanford Health Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Metropolitan Museum of Art Retirement Plan for Covered Union Employees in NY ($236M, 597 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sanford Health Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cash Balance Pension Plan for Certain Represented Employees of Hitachi Energy USA Inc. in NC (376 participants, $32M in assets).

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.

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.