Other · DOL Form 5500 · 2023

Mille Lacs Health System Retirement Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
328
Participants Below avg headcount
79th
Percentile by assets National rank
$88,865
Avg per participant Below avg balance/head
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Official DOL plan name: Retirement Plan of Mille Lacs Health System · Sponsored by Mille Lacs Health System · Minnesota · Healthcare & Social Assistance

$29M in assets, 328 participants

Mille Lacs Health System's Retirement Plan of Mille Lacs Health System reported $29M in total assets and 328 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,508 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Retirement Plan of Mille Lacs Health System covers 328 participants in Minnesota, about 29% of the average Minnesota filer (state average ~1,126 per filing). Assets: $29M.

#14,508
in Healthcare & Social Assistance (17,684 peers)
+13.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Retirement Plan of Mille Lacs Health System's outsized position by total assets

Retirement Plan of Mille Lacs Health System vs every filed plan by assets

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

$29,147,700 Top 21% higher than 79% 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

Retirement Plan of Mille Lacs Health System among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan of Mille Lacs Health System sits mid-pack in the medium band (328 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan of Mille Lacs Health System reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Retirement Plan of Mille Lacs Health System reported participants fell from 387 in the plan year 2022 filing to 328 in the plan year 2023 filing.
  • Retirement Plan of Mille Lacs Health System end-of-year assets rose from $26M in the plan year 2022 filing to $29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410785161 · Mille Lacs Health System PY 2023 · Other

Retirement Plan of Mille Lacs Health System · $29M · 328 · 79th

  • 5500 $29M
  • ASSETS 328
  • PCT 79th
  • EIN Other
  • RANK near Combined Jewish Philanthropies of Greater Boston, Inc. 403(b) Retirement Plan
  • PHOTO ind #14508

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 →

Retirement Plan of Mille Lacs Health System in the asset neighbourhood

Sidney Health Center Pension PlanSidney Health Center Pension…$29MBellarmine University Tax Deferred Annuity PlanBellarmine University Tax De…$29MProject Hope Employees Retirement PlanProject Hope Employees Retir…$29MRetirement Plan of Mille Lacs Health SystemRetirement Plan of Mille Lac…$29MCombined Jewish Philanthropies of Greater Boston, Inc. 403(b) Retirement PlanCombined Jewish Philanthropi…$29M
End-of-year total assets ($M) among Retirement Plan of Mille Lacs Health System and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$4M
Employer EIN410785161
Plan Effective Date1993-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mille Lacs Health System)

Sponsor-wide plan assets over time

All Mille Lacs Health System plans reported in each filing year

Latest sponsor-wide plan assets
$27M 4.40463534707266% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $25.6M $26.7M ▲ +4.4%
Year Plans Participants Total Assets
2022 1 387 $26M
2023 1 328 $29M
2024 1 318 $27M

Nearby Other Plans in Minnesota

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

Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Retirement Plan of Mille Lacs Health System, Total assets ($B): 0.0291477 · Participants: 328Retirement Plan of Mille Lacs Health SystemMayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health System 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 Plan
Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants
Compare Retirement Plan of Mille Lacs Health System side-by-side with 3 peers →

Retirement Plan of Mille Lacs Health System's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Combined Jewish Philanthropies of Greater Boston, Inc. 403(b) Retirement Plan in MA ($29M); by covered participants it is Pace Academy, Inc. Tax Sheltered Annuity Plan in GA (328 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (328 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 Retirement Plan of Mille Lacs Health System assets move in 2023? ▼
Retirement Plan of Mille Lacs Health System grew at a solid clip - up 13.8% during 2023, from $26M to $29M. Reported net income was $4M.
How have Mille Lacs Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mille Lacs Health System's sponsor-wide assets grew 4.4%, from $26M to $27M.
Where does Retirement Plan of Mille Lacs Health System rank by assets among Form 5500 filers? ▼
Retirement Plan of Mille Lacs Health System ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Retirement Plan of Mille Lacs Health System? ▼
Among Other plans in other states, the closest by assets is Combined Jewish Philanthropies of Greater Boston, Inc. 403(b) Retirement Plan in MA ($29M, 157 participants).
Which Other plans cover a similar participant headcount to Retirement Plan of Mille Lacs Health System? ▼
Among Other plans in other states, the closest by covered participants is Pace Academy, Inc. Tax Sheltered Annuity Plan in GA (328 participants, $55M 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 410785161.

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.