Other · DOL Form 5500 · 2023

Centracare Health System Retirement Plan

Data updated 2026-08-25

$827M
Total assets Above avg plan size
9,437
Participants Very large workforce
98th
Percentile by assets National rank
$87,607
Avg per participant Below avg balance/head
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Official DOL plan name: Centracare Health System 403(b) Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$827M in assets, 9,437 participants

Centracare Health System's Centracare Health System 403(b) Plan reported $827M in total assets and 9,437 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,423 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Centracare Health System 403(b) Plan covers 9,437 participants in Minnesota, 8.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $827M.

#17,423
in Healthcare & Social Assistance (17,684 peers)
+11.8%
assets growth YoY
8.3×
vs typical plan assets (national mean)

Centracare Health System 403(b) Plan's outsized position by total assets

Centracare Health System 403(b) Plan vs every filed plan by assets

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

$826,746,245 Top 2% higher than 98% 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

Centracare Health System 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Centracare Health System 403(b) Plan lands in the large band (9,437 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Centracare Health System 403(b) Plan reported net income rose from -$249M in the plan year 2022 filing to $87M in the plan year 2023 filing.
  • Centracare Health System 403(b) Plan reported participants fell from 10,840 in the plan year 2022 filing to 9,437 in the plan year 2023 filing.
  • Centracare Health System 403(b) Plan end-of-year assets rose from $739M in the plan year 2022 filing to $827M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411813221 · Centracare Health System PY 2023 · Other

Centracare Health System 403(b) Plan · $827M · 9,437 · 98th

  • BOOK $827M
  • VS-ST 9,437
  • BOY 98th
  • SCH Other
  • EBSA near Lehigh University Retirement Plan
  • PART ind #17423

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 Minnesota →

Centracare Health System 403(b) Plan in the asset neighbourhood

Nyu Grossman School of Medicine Management and Staff 403(b) Retirement PlanNyu Grossman School of Medic…$834MEl Camino Hospital 403(b) Retirement PlanEl Camino Hospital 403(b) Re…$834MJoint Annuity Fund Local 164 IBEWJoint Annuity Fund Local 164…$832MCentracare Health System 403(b) PlanCentracare Health System 403…$827MLehigh University Retirement PlanLehigh University Retirement…$826M
End-of-year total assets ($M) among Centracare Health System 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$739M
Net Assets (End of Year)$827M
Net Income$87M
Employer EIN411813221
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centracare Health System)

Sponsor-wide plan assets over time

All Centracare Health System plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 34.093829776898545% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.56B $2.09B ▲ +34.0%
Year Plans Participants Total Assets
2022 2 23,875 $1.6B
2023 2 21,434 $1.9B
2024 2 19,420 $2.1B

Nearby Other Plans in Minnesota

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

Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Centracare Health System 403(b) Plan, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health System 403(b) PlanMayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.4224871 · Participants: 2481University of St. Thomas Retirement PlanCarleton College Defined Contribution Plan, Total assets ($B): 0.364970261 · Participants: 821Carleton College Defined Contribution Plan
Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System 403(b) Plan

Centracare Health System 403(b) Plan reports $827M in end-of-year assets across 9,437 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $87,607 per participant (63% of the national average assets-per-participant) . Net income for plan year 2023 was $87M.

This plan identity (EIN 411813221, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $739M to $867M (+17.2%) while covered participants moved from 10,840 to 8,227 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,840 $739M Open filing
2023 9,437 $827M This page
2024 · index core 8,227 $867M Open filing

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

Centracare Health System 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Lehigh University Retirement Plan in PA ($826M); by covered participants it is Northwestern University Retirement Plan in IL (9,440 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($827M here).

Similar participant headcount

Nearest other-state filings by covered participants (9,437 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 Centracare Health System 403(b) Plan assets move in 2023?
Centracare Health System 403(b) Plan grew at a solid clip - up 11.8% during 2023, from $739M to $827M. Reported net income was $87M.
How have Centracare Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Centracare Health System's sponsor-wide assets grew 34.1%, from $1.6B to $2.1B.
Where does Centracare Health System 403(b) Plan rank by assets among Form 5500 filers?
Centracare Health System 403(b) Plan ranks in the 98th 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 Other plans are similar in size to Centracare Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Lehigh University Retirement Plan in PA ($826M, 1,928 participants).
Which Other plans cover a similar participant headcount to Centracare Health System 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Northwestern University Retirement Plan in IL (9,440 participants, $4.0B in assets).