401(k) · DOL Form 5500 · 2023

Beaver Medical Group, P.C. 401(k) Plan

Data updated 2026-08-25

$319M
Total assets Above avg plan size
1,552
Participants Near avg headcount
96th
Percentile by assets National rank
$205,524
Avg per participant Above avg balance/head
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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.

  • #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.

#17,089
in Healthcare & Social Assistance (17,684 peers)
+4.6%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Beaver Medical Group 401(k) Profit-Sharing Plan's outsized position by total assets

Beaver Medical Group 401(k) Profit-Sharing Plan vs every filed plan by assets

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

$318,972,899 Top 4% higher than 96% 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

Beaver Medical Group 401(k) Profit-Sharing 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. Beaver Medical Group 401(k) Profit-Sharing Plan lands in the large band (1,552 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 330645967 · Beaver Medical Group, P.C. PY 2023 · 401(k)

Beaver Medical Group 401(k) Profit-Sharing Plan · $319M · 1,552 · 96th

  • TYPE $319M
  • NET 1,552
  • BOOK 96th
  • VS-ST 401(k)
  • BOY near Sentara 401(k) Savings Plan
  • SCH ind #17089

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 →

Beaver Medical Group 401(k) Profit-Sharing Plan in the asset neighbourhood

Beaver Medical Group 401(k) Profit-Sharing PlanBeaver Medical Group 401(k) …$319MSentara 401(k) Savings Plan$319MKnobbe Martens Olson & Bear, LLP 401(k) Retirement Savings PlanKnobbe Martens Olson & Bear,…$319MTtec 401(k) Profit Sharing PlanTtec 401(k) Profit Sharing P…$319MDraeger US Retirement Savings PlanDraeger US Retirement Saving…$318M
End-of-year total assets ($M) among Beaver Medical Group 401(k) Profit-Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$305M
Net Assets (End of Year)$319M
Net Income$14M
Employer EIN330645967
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beaver Medical Group, P.C.)

Sponsor-wide plan assets over time

All Beaver Medical Group, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$100M$200M$300M$400M 202220232024 $305M $0M ▼ -100.0%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Beaver Medical Group 401(k) Profit-Sharing Plan, Total assets ($B): 0.318972899 · Participants: 1552Beaver Medical Group 401(k) Profit-Sharing 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
Beaver Medical Group 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Beaver Medical Group 401(k) Profit-Sharing Plan side-by-side with 3 peers →

Beaver Medical Group 401(k) Profit-Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Sentara 401(k) Savings Plan in VA ($319M); by covered participants it is Glazer's, Inc. Profit Sharing Plan and Trust in TX (1,552 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($319M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,552 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 Beaver Medical Group 401(k) Profit-Sharing Plan assets move in 2023? ▼
Beaver Medical Group 401(k) Profit-Sharing Plan edged up modestly - up 4.6% during 2023, from $305M to $319M. Reported net income was $14M.
Where does Beaver Medical Group 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers? ▼
Beaver Medical Group 401(k) Profit-Sharing Plan ranks in the 96th 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 401(k) plans are similar in size to Beaver Medical Group 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sentara 401(k) Savings Plan in VA ($319M, 3,448 participants).
Which 401(k) plans cover a similar participant headcount to Beaver Medical Group 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Glazer's, Inc. Profit Sharing Plan and Trust in TX (1,552 participants, $174M 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 330645967.

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.