401(k) · DOL Form 5500 · 2023
Beaver Medical Group, P.C. 401(k) Plan
Data updated 2026-08-11
- $319M
- Total assets
- 1,552
- Participants
- 96th
- Percentile by assets
- $205,524
- Avg per participant
Official DOL plan name: Beaver Medical Group 401(k) Profit-Sharing Plan · Sponsored by Beaver Medical Group, P.C. · Minnesota · Healthcare & Social Assistance
$319M in assets, 1,552 participants
Beaver Medical Group, P.C.'s Beaver Medical Group 401(k) Profit-Sharing Plan reported $319M in total assets and 1,552 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #17,089 in Healthcare & Social Assistance (17,684 peers)
Where Beaver Medical Group 401(k) Profit-Sharing Plan sits by assets
Beaver Medical Group 401(k) Profit-Sharing Plan sits in the top 5% of all filed plans by assets, $319M for 1,552 participants (~$205,524/participant), up 4.6% in 2023.
- $319M
- total plan assets (2023 EOY)
- 1,552
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $205,524
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Beaver Medical Group 401(k) Profit-Sharing Plan reported net income rose from -$68M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Beaver Medical Group 401(k) Profit-Sharing Plan reported participants fell from 1,628 in the plan year 2022 filing to 1,552 in the plan year 2023 filing.
- Beaver Medical Group 401(k) Profit-Sharing Plan end-of-year assets rose from $305M in the plan year 2022 filing to $319M in the plan year 2023 filing.
Beaver Medical Group 401(k) Profit-Sharing Plan vs the 2023 asset distribution
By assets, Beaver Medical Group 401(k) Profit-Sharing Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $305M |
|---|---|
| Net Assets (End of Year) | $319M |
| Net Income | $14M |
| Employer EIN | 330645967 |
| Plan Effective Date | 1977-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Beaver Medical Group, P.C.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,628 | $305M |
| 2023 | 1 | 1,552 | $319M |
| 2024 | 1 | 1,289 | N/A |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Beaver Medical Group 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Beaver Medical Group 401(k) Profit-Sharing Plan by total assets, not by location.
- Sentara 401(k) Savings Plan (VA) $319M · 3,448
- Knobbe Martens Olson & Bear, LLP 401(k) Retirement Savings Plan (CA) $319M · 681
- Ttec 401(k) Profit Sharing Plan (CO) $319M · 28,654
- Draeger US Retirement Savings Plan (PA) $318M · 1,214
Frequently Asked Questions
How did Beaver Medical Group 401(k) Profit-Sharing Plan assets move in 2023? ▼
Where does Beaver Medical Group 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Beaver Medical Group 401(k) Profit-Sharing Plan? ▼
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Ways to act on Beaver Medical Group 401(k) Profit-Sharing Plan's numbers.
- By total assets, Beaver Medical Group 401(k) Profit-Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans