401(k) · DOL Form 5500 · 2023

Centracare Health System 401(k) Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
11,997
Participants Very large workforce
99th
Percentile by assets National rank
$85,864
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Centracare Health System Retirement Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$1.0B in assets, 11,997 participants

Centracare Health System's Centracare Health System Retirement Plan reported $1.0B in total assets and 11,997 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,485 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Centracare Health System Retirement Plan covers 11,997 participants in Minnesota, 11x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.0B.

#17,485
in Healthcare & Social Assistance (17,684 peers)
+25.8%
assets growth YoY
10×
vs typical plan assets (national mean)

Centracare Health System Retirement Plan's outsized position by total assets

Centracare Health System Retirement Plan vs every filed plan by assets

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

$1,030,113,325 Top 1% higher than 99% 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 Retirement 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. Centracare Health System Retirement Plan is a mega filing (11,997 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Centracare Health System Retirement Plan reported net income rose from -$104M in the plan year 2022 filing to $211M in the plan year 2023 filing.
  • Centracare Health System Retirement Plan end-of-year assets rose from $819M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
  • Centracare Health System Retirement Plan reported participants fell from 13,035 in the plan year 2022 filing to 11,997 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411813221 · Centracare Health System PY 2023 · 401(k)

Centracare Health System Retirement Plan · $1.0B · 11,997 · 99th

  • NET $1.0B
  • BOOK 11,997
  • VS-ST 99th
  • BOY 401(k)
  • SCH near Supply Chain Retirement Savings Plan
  • EBSA ind #17485

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 Retirement Plan in the asset neighbourhood

Centracare Health System Retirement PlanCentracare Health System Ret…$1.0BSupply Chain Retirement Savings PlanSupply Chain Retirement Savi…$1.0BExpeditors International of Washington, Inc. 401(k) PlanExpeditors International of …$1.0BHf Sinclair Corporation 401(k) Retirement Savings PlanHf Sinclair Corporation 401(…$1.0BZebra 401(k) Plan$1.0B
End-of-year total assets ($B) among Centracare Health System Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$819M
Net Assets (End of Year)$1.0B
Net Income$211M
Employer EIN411813221
Plan Effective Date2000-07-01
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 401(k) Plans in Minnesota

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

Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Centracare Health System Retirement Plan, Total assets ($B): 1.030113325 · Participants: 11997Centracare Health System Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System Retirement Plan

Centracare Health System Retirement Plan reports $1.0B in end-of-year assets across 11,997 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $85,864 per participant (62% of the national average assets-per-participant) . Net income for plan year 2023 was $211M.

This plan identity (EIN 411813221, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $819M to $1.2B (+49.3%) while covered participants moved from 13,035 to 11,193 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,035 $819M Open filing
2023 11,997 $1.0B This page
2024 · index core 11,193 $1.2B Open filing

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

Centracare Health System Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Supply Chain Retirement Savings Plan in OH ($1.0B); by covered participants it is Ags Payroll Services LLC 401(k) Plan in NY (11,998 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,997 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 Retirement Plan assets move in 2023? ▼
Centracare Health System Retirement Plan grew sharply - up 25.8% during 2023, from $819M to $1.0B. Reported net income was $211M.
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 Retirement Plan rank by assets among Form 5500 filers? ▼
Centracare Health System Retirement Plan ranks in the 99th 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 Centracare Health System Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Supply Chain Retirement Savings Plan in OH ($1.0B, 37,894 participants).
Which 401(k) plans cover a similar participant headcount to Centracare Health System Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ags Payroll Services LLC 401(k) Plan in NY (11,998 participants, $58M in assets).