401(k) · DOL Form 5500 · 2023

Mental Health Resources, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
148
Participants Small participant base
66th
Percentile by assets National rank
$97,961
Avg per participant Below avg balance/head
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Official DOL plan name: Mhr Retirement Savings Plan · Sponsored by Mental Health Resources, Inc. · Minnesota · Healthcare & Social Assistance

$14M in assets, 148 participants

Mental Health Resources, Inc.'s Mhr Retirement Savings Plan reported $14M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #12,663 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Mhr Retirement Savings Plan covers 148 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#12,663
in Healthcare & Social Assistance (17,684 peers)
+24.5%
assets growth YoY

Mhr Retirement Savings Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Mhr Retirement Savings Plan vs every filed plan by assets

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

$14,498,233 Top 34% higher than 66% 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

Mhr Retirement Savings 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. Mhr Retirement Savings Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mhr Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mhr Retirement Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Mhr Retirement Savings Plan reported participants rose from 143 in the plan year 2022 filing to 148 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411273885 · Mental Health Resources, Inc. PY 2023 · 401(k)

Mhr Retirement Savings Plan · $14M · 148 · 66th

  • BOY $14M
  • BOY 148
  • BOY 66th
  • BOY 401(k)
  • BOY near Home State Bancorp, Inc. 401(k) Plan
  • BOY ind #12663

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 →

Mhr Retirement Savings Plan in the asset neighbourhood

Mhr Retirement Savings Plan$14MHome State Bancorp, Inc. 401(k) PlanHome State Bancorp, Inc. 401…$14MBlue Ridge 401(k) Plan$14MCalifornia First Leasing Corporation 401(k) PlanCalifornia First Leasing Cor…$14MLmt Mercer Group, Inc. 401(k) PlanLmt Mercer Group, Inc. 401(k…$15M
End-of-year total assets ($M) among Mhr Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN411273885
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mental Health Resources, Inc.)

Sponsor-wide plan assets over time

All Mental Health Resources, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 39.592003043253875% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.7M $16.3M ▲ +39.6%
Year Plans Participants Total Assets
2022 1 143 $12M
2023 1 148 $14M
2024 1 167 $16M

Nearby 401(k) Plans in Minnesota

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

Mhr Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mhr Retirement Savings Plan, Total assets ($B): 0.014498233 · Participants: 148Mhr 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
Mhr Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mhr Retirement Savings Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Home State Bancorp, Inc. 401(k) Plan in IL ($14M); by covered participants it is Frontier Auto Sales 401(k) Plan in CA (148 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (148 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 Mhr Retirement Savings Plan assets move in 2023? ▼
Mhr Retirement Savings Plan grew sharply - up 24.5% during 2023, from $12M to $14M. Reported net income was $3M.
How have Mental Health Resources, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mental Health Resources, Inc.'s sponsor-wide assets grew 39.6%, from $12M to $16M.
Which 401(k) plans are similar in size to Mhr Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Home State Bancorp, Inc. 401(k) Plan in IL ($14M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Mhr Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Frontier Auto Sales 401(k) Plan in CA (148 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 411273885.

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.