401(k) · DOL Form 5500 · 2023

Centracare Health System 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
11,997
Participants
99th
Percentile by assets
$85,864
Avg per participant
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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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$1.0B
total plan assets (2023 EOY)
11,997
covered participants
99th
percentile by assets (of 127,072 plans)
$85,864
avg assets per participant

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 →

State
Minnesota
Industry
Healthcare & Social Assistance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Centracare Health System Retirement Plan reports 11,997 participants - 11x that state average ($1.0B EOY assets).

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)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.56B $2.09B ▲ +34.0%
Total plan assets by year, all Centracare Health System plans on file
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

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 Sy…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Centracare Health System Retirement Plan side-by-side with 3 peers →

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Centracare Health System Retirement Plan by total assets, not by location.

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).

Next read for Centracare Health System Retirement Plan

Filing takeaways

Ways to act on Centracare Health System Retirement 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 411813221.

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.