Other · DOL Form 5500 · 2023

Mille Lacs Health System Retirement Plan

Data updated 2026-08-11

$29M
Total assets
328
Participants
79th
Percentile by assets
$88,865
Avg per participant
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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.

  • 79th percentile by assets (of 127,072 plans)
  • #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.

$29M
total plan assets (2023 EOY)
328
covered participants
79th
percentile by assets (of 127,072 plans)
$88,865
avg assets per participant

Where Retirement Plan of Mille Lacs Health System sits 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 $2,010,000,000 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

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 →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Retirement Plan of Mille Lacs Health System reports 328 participants - about 29% of that state average ($29M EOY assets).

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)

$24M$26M$28M$30M 202220232024 $25.6M $26.7M ▲ +4.4%
Total plan assets by year, all Mille Lacs Health System plans on file
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 ($B) Participants Retirement Plan of M…, Total assets ($B): 0.0291477 · Participants: 328Retirement Plan of M…Mayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health Sy…, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health Sy…Childrens Hospitals …, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals …Carpenters & Joiners…, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners…University of St. Th…, Total assets ($B): 0.4224871 · Participants: 2481University of St. Th…
Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Retirement Plan of Mille Lacs Health System by total assets, not by location.

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).

Next read for Retirement Plan of Mille Lacs Health Sys…

Filing takeaways

Ways to act on Retirement Plan of Mille Lacs Health System's numbers.