401(k) · DOL Form 5500 · 2023

Ridgeview Medical Center, Inc. 401(k) Plan

Data updated 2026-08-11

$205M
Total assets
2,280
Participants
95th
Percentile by assets
$89,707
Avg per participant
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Official DOL plan name: Ridgeview Medical Center, Inc. Retirement Savings Plan · Sponsored by Ridgeview Medical Center, Inc. · Minnesota · Healthcare & Social Assistance

$205M in assets, 2,280 participants

Ridgeview Medical Center, Inc.'s Ridgeview Medical Center, Inc. Retirement Savings Plan reported $205M in total assets and 2,280 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #16,871 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Ridgeview Medical Center, Inc. Retirement Savings Plan covers 2,280 participants in Minnesota, 2.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $205M.

$205M
total plan assets (2023 EOY)
2,280
covered participants
95th
percentile by assets (of 127,072 plans)
$89,707
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ridgeview Medical Center, Inc. Retirement Savings Plan reported net income rose from -$36M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Ridgeview Medical Center, Inc. Retirement Savings Plan end-of-year assets rose from $172M in the plan year 2022 filing to $205M in the plan year 2023 filing.
  • Ridgeview Medical Center, Inc. Retirement Savings Plan reported participants rose from 2,185 in the plan year 2022 filing to 2,280 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Healthcare & Social Assistance

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Ridgeview Medical Center, Inc. Retirement Savings Plan reports 2,280 participants - 2.0x that state average ($205M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$172M
Net Assets (End of Year)$205M
Net Income$33M
Employer EIN311667875
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ridgeview Medical Center, Inc.)

$160M$180M$200M$220M$240M$260M 202220232024 $172M $238M ▲ +38.5%
Total plan assets by year, all Ridgeview Medical Center, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,185 $172M
2023 1 2,280 $205M
2024 1 2,451 $238M

Nearby 401(k) Plans in Minnesota

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

Ridgeview Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Ridgeview Medical Center, Inc. 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 Ridgeview Medical Ce…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Ridgeview Medical Center, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Ridgeview Medical Center, Inc. Retiremen… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ridgeview Medical Center, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ridgeview Medical Center, Inc. Retirement Savings Plan assets move in 2023? ▼
Ridgeview Medical Center, Inc. Retirement Savings Plan grew sharply - up 19.1% during 2023, from $172M to $205M. Reported net income was $33M.
How have Ridgeview Medical Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ridgeview Medical Center, Inc.'s sponsor-wide assets grew 38.5%, from $172M to $238M.
Where does Ridgeview Medical Center, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Ridgeview Medical Center, Inc. Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ridgeview Medical Center, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Contract Employee Retirement Savings Plan in VA ($205M, 19,758 participants).

Next read for Ridgeview Medical Center, Inc. Retiremen…

Filing takeaways

Ways to act on Ridgeview Medical Center, Inc. Retirement Savings Plan's numbers.

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 311667875.

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.