401(k) · DOL Form 5500 · 2023
Olmsted Medical Center 401(k) Plan
Data updated 2026-08-25
- $270M
- Total assets Near avg plan size
- 1,340
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $201,351
- Avg per participant Above avg balance/head
Official DOL plan name: Olmsted Medical Center Retirement Savings Plan · Sponsored by Olmsted Medical Center · Minnesota · Healthcare & Social Assistance
$270M in assets, 1,340 participants
Olmsted Medical Center's Olmsted Medical Center Retirement Savings Plan reported $270M in total assets and 1,340 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.
- #17,014 in Healthcare & Social Assistance (17,684 peers)
Where Olmsted Medical Center Retirement Savings Plan sits by assets
Olmsted Medical Center Retirement Savings Plan sits in the top 5% of all filed plans by assets, $270M for 1,340 participants (~$201,351/participant), up 16.8% in 2023.
- #17,014
- in Healthcare & Social Assistance (17,684 peers)
- +16.8%
- assets growth YoY
- 2.7×
- vs typical plan assets (national mean)
Olmsted Medical Center Retirement Savings Plan's outsized position by total assets
Olmsted Medical Center Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$269,809,756 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Olmsted Medical Center 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. Olmsted Medical Center Retirement Savings Plan lands in the large band (1,340 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Olmsted Medical Center Retirement Savings Plan reported net income rose from -$52M in the plan year 2022 filing to $39M in the plan year 2023 filing.
- Olmsted Medical Center Retirement Savings Plan end-of-year assets rose from $231M in the plan year 2022 filing to $270M in the plan year 2023 filing.
- Olmsted Medical Center Retirement Savings Plan reported participants rose from 1,286 in the plan year 2022 filing to 1,340 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 410855367 · Olmsted Medical Center PY 2023 · 401(k)
Olmsted Medical Center Retirement Savings Plan · $270M · 1,340 · 96th
- RANK $270M
- PHOTO 1,340
- IND 96th
- EOY 401(k)
- 5500 near Brookhaven Memorial Hospital Medical Center Dba Long Island Community Hospital Retirement Savings Plan
- ASSETS ind #17014
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 →
Olmsted Medical Center Retirement Savings Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $231M |
|---|---|
| Net Assets (End of Year) | $270M |
| Net Income | $39M |
| Employer EIN | 410855367 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Olmsted Medical Center)
Sponsor-wide plan assets over time
All Olmsted Medical Center plans reported in each filing year
- Latest sponsor-wide plan assets
- $303M 31.38222044229338% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,286 | $231M |
| 2023 | 1 | 1,340 | $270M |
| 2024 | 1 | 1,364 | $303M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Olmsted Medical Center Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Brookhaven Memorial Hospital Medical Center Dba Long Island Community Hospital Retirement Savings Plan in NY ($270M); by covered participants it is Ocwen Financial 401(k) Savings Plan in FL (1,340 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($270M here).
- Brookhaven Memorial Hospital Medical Center Dba Long Island Community Hospital Retirement Savings Plan (NY) $270M · 1,457
- Boston Properties Retirement Savings Plan (MA) $270M · 688
- Apex Tool Group, LLC 401(k) Savings Plan (MD) $270M · 1,396
- The Wendy's Company 401(k) Retirement Plan (OH) $270M · 8,373
Similar participant headcount
Nearest other-state filings by covered participants (1,340 participants); asset peers above are excluded.
- Ocwen Financial 401(k) Savings Plan (FL) 1,340 · 0 off
- Kabafusion 401(k) Plan (CA) 1,340 · 0 off
- Mccarthy Tire Service Company 401(k) Profit Sharing Plan (PA) 1,340 · 0 off
- Bonterra 401(k) Plan (TX) 1,340 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.