401(k) · DOL Form 5500 · 2023

Ucare Minnesota 401(k) Plan

Data updated 2026-08-25

$123M
Total assets Near avg plan size
1,326
Participants Near avg headcount
92nd
Percentile by assets National rank
$92,494
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ucare 401(k) Retirement Savings Plan · Sponsored by Ucare Minnesota · Minnesota · Finance & Insurance

$123M in assets, 1,326 participants

Ucare Minnesota's Ucare 401(k) Retirement Savings Plan reported $123M in total assets and 1,326 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,844 in Finance & Insurance (8,869 peers)

Where Ucare 401(k) Retirement Savings Plan sits by assets

Ucare 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $123M for 1,326 participants (~$92,494/participant), up 28.5% in 2023.

#7,844
in Finance & Insurance (8,869 peers)
+28.5%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Ucare 401(k) Retirement Savings Plan's outsized position by total assets

Ucare 401(k) Retirement Savings Plan vs every filed plan by assets

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

$122,647,234 Top 8% higher than 92% 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

Ucare 401(k) Retirement Savings 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. Ucare 401(k) Retirement Savings Plan lands in the large band (1,326 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ucare 401(k) Retirement Savings Plan reported net income rose from -$10M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Ucare 401(k) Retirement Savings Plan end-of-year assets rose from $95M in the plan year 2022 filing to $123M in the plan year 2023 filing.
  • Ucare 401(k) Retirement Savings Plan reported participants rose from 1,090 in the plan year 2022 filing to 1,326 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 363573805 · Ucare Minnesota PY 2023 · 401(k)

Ucare 401(k) Retirement Savings Plan · $123M · 1,326 · 92nd

  • 5500 $123M
  • ASSETS 1,326
  • PCT 92nd
  • EIN 401(k)
  • RANK near First Community Bancshares, Inc.Employees' Profit Sharing Plan
  • PHOTO ind #7844

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Ucare 401(k) Retirement Savings Plan in the asset neighbourhood

Upm-Kymmene, Inc. Salaried Employees 401(k) Retirement PlanUpm-Kymmene, Inc. Salaried E…$123MFirst Community Bancshares, Inc.Employees' Profit Sharing PlanFirst Community Bancshares, …$123MUcare 401(k) Retirement Savings PlanUcare 401(k) Retirement Savi…$123MUva Physicians Group Retirement PlanUva Physicians Group Retirem…$123MGid Investment Advisers LLC Savings & Retirement PlanGid Investment Advisers LLC …$123M
End-of-year total assets ($M) among Ucare 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$123M
Net Income$27M
Employer EIN363573805
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ucare Minnesota)

Sponsor-wide plan assets over time

All Ucare Minnesota plans reported in each filing year

Latest sponsor-wide plan assets
$150M 57.49558366954651% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $95.4M $150M ▲ +57.5%
Year Plans Participants Total Assets
2022 1 1,090 $95M
2023 1 1,326 $123M
2024 1 1,614 $150M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ucare 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Ucare 401(k) Retirement Savings Plan, Total assets ($B): 0.122647234 · Participants: 1326Ucare 401(k) Retirement Savings 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
Ucare 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Ucare 401(k) Retirement Savings Plan side-by-side with 3 peers →

Ucare 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is First Community Bancshares, Inc.Employees' Profit Sharing Plan in TX ($123M); by covered participants it is Fairfield 401(k) Plan in CA (1,326 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,326 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 Ucare 401(k) Retirement Savings Plan assets move in 2023? ▼
Ucare 401(k) Retirement Savings Plan grew sharply - up 28.5% during 2023, from $95M to $123M. Reported net income was $27M.
How have Ucare Minnesota plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ucare Minnesota's sponsor-wide assets grew 57.5%, from $95M to $150M.
Where does Ucare 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Ucare 401(k) Retirement Savings Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ucare 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is First Community Bancshares, Inc.Employees' Profit Sharing Plan in TX ($123M, 2,101 participants).
Which 401(k) plans cover a similar participant headcount to Ucare 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fairfield 401(k) Plan in CA (1,326 participants, $145M 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 363573805.

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.