401(k) · DOL Form 5500 · 2023

International Falls Memorial Hospital Association 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
211
Participants Below avg headcount
62nd
Percentile by assets National rank
$56,657
Avg per participant Low balance/head
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Official DOL plan name: Rainy Lake Medical Center 401(k) Retirement Plan · Sponsored by International Falls Memorial Hospital Association · Minnesota · Healthcare & Social Assistance

$12M in assets, 211 participants

International Falls Memorial Hospital Association's Rainy Lake Medical Center 401(k) Retirement Plan reported $12M in total assets and 211 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #12,010 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Rainy Lake Medical Center 401(k) Retirement Plan covers 211 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#12,010
in Healthcare & Social Assistance (17,684 peers)
+22.8%
assets growth YoY

Rainy Lake Medical Center 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Rainy Lake Medical Center 401(k) Retirement Plan vs every filed plan by assets

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

$11,954,639 Top 38% higher than 62% 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

Rainy Lake Medical Center 401(k) Retirement Plan 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. Rainy Lake Medical Center 401(k) Retirement Plan sits mid-pack in the medium band (211 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rainy Lake Medical Center 401(k) Retirement Plan reported net income rose from -$602K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Rainy Lake Medical Center 401(k) Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Rainy Lake Medical Center 401(k) Retirement Plan reported participants rose from 180 in the plan year 2022 filing to 211 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410726171 · International Falls Memorial Hospital Association PY 2023 · 401(k)

Rainy Lake Medical Center 401(k) Retirement Plan · $12M · 211 · 62nd

  • TYPE $12M
  • NET 211
  • BOOK 62nd
  • VS-ST 401(k)
  • BOY near East Oregonian Publishing Company Profit Sharing and Retirement Savings Plan
  • SCH ind #12010

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 →

Rainy Lake Medical Center 401(k) Retirement Plan in the asset neighbourhood

Levare U.S., Inc. 401(k) Plan$12MRainy Lake Medical Center 401(k) Retirement PlanRainy Lake Medical Center 40…$12MEast Oregonian Publishing Company Profit Sharing and Retirement Savings PlanEast Oregonian Publishing Co…$12MThe Window Nation 401(k) and Profit Sharing PlanThe Window Nation 401(k) and…$12MGundersen Boscobel Area Hospital and Clinics Retirement PlanGundersen Boscobel Area Hosp…$12M
End-of-year total assets ($M) among Rainy Lake Medical Center 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN410726171
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Falls Memorial Hospital Association)

Sponsor-wide plan assets over time

All International Falls Memorial Hospital Association plans reported in each filing year

Latest sponsor-wide plan assets
$14M 45.28367834962431% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.74M $14.1M ▲ +45.2%
Year Plans Participants Total Assets
2022 1 180 $10M
2023 1 211 $12M
2024 1 212 $14M

Nearby 401(k) Plans in Minnesota

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

Rainy Lake Medical Center 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Rainy Lake Medical Center 401(k) Retirement Plan, Total assets ($B): 0.011954639 · Participants: 211Rainy Lake Medical Center 401(k) Retirement 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
Rainy Lake Medical Center 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Rainy Lake Medical Center 401(k) Retirement Plan side-by-side with 3 peers →

Rainy Lake Medical Center 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is East Oregonian Publishing Company Profit Sharing and Retirement Savings Plan in OR ($12M); by covered participants it is Infogroup Northwest, LLC Dba Ignw Retirement Savings Plan in OR (211 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (211 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 Rainy Lake Medical Center 401(k) Retirement Plan assets move in 2023? ▼
Rainy Lake Medical Center 401(k) Retirement Plan grew sharply - up 22.8% during 2023, from $10M to $12M. Reported net income was $2M.
How have International Falls Memorial Hospital Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), International Falls Memorial Hospital Association's sponsor-wide assets grew 45.3%, from $10M to $14M.
Which 401(k) plans are similar in size to Rainy Lake Medical Center 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is East Oregonian Publishing Company Profit Sharing and Retirement Savings Plan in OR ($12M, 213 participants).
Which 401(k) plans cover a similar participant headcount to Rainy Lake Medical Center 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Infogroup Northwest, LLC Dba Ignw Retirement Savings Plan in OR (211 participants, N/A 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 410726171.

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.