401(k) · DOL Form 5500 · 2023

Ks Management Services, L.L.C. 401(k) Plan

Data updated 2026-08-11

$661M
Total assets
5,306
Participants
98th
Percentile by assets
$124,662
Avg per participant
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Official DOL plan name: Kelsey-Seybold 401(k) Plan · Sponsored by Ks Management Services, L.L.C. · Minnesota · Healthcare & Social Assistance

$661M in assets, 5,306 participants

Ks Management Services, L.L.C.'s Kelsey-Seybold 401(k) Plan reported $661M in total assets and 5,306 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #17,350 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Kelsey-Seybold 401(k) Plan covers 5,306 participants in Minnesota, 4.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $661M.

$661M
total plan assets (2023 EOY)
5,306
covered participants
98th
percentile by assets (of 127,072 plans)
$124,662
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kelsey-Seybold 401(k) Plan reported net income rose from -$101M in the plan year 2022 filing to $112M in the plan year 2023 filing.
  • Kelsey-Seybold 401(k) Plan end-of-year assets rose from $549M in the plan year 2022 filing to $661M in the plan year 2023 filing.
  • Kelsey-Seybold 401(k) Plan reported participants rose from 4,412 in the plan year 2022 filing to 5,306 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Kelsey-Seybold 401(k) Plan reports 5,306 participants - 4.7x that state average ($661M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$549M
Net Assets (End of Year)$661M
Net Income$112M
Employer EIN760602862
Plan Effective Date2005-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ks Management Services, L.L.C.)

$500M$600M$700M$800M 202220232024 $549M $744M ▲ +35.3%
Total plan assets by year, all Ks Management Services, L.L.C. plans on file
Year Plans Participants Total Assets
2022 1 4,412 $549M
2023 1 5,306 $661M
2024 1 6,502 $744M

Nearby 401(k) Plans in Minnesota

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

Kelsey-Seybold 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Kelsey-Seybold 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Kelsey-Seybold 401(k…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Kelsey-Seybold 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Kelsey-Seybold 401(k) Plan

Kelsey-Seybold 401(k) Plan reports $661M in end-of-year assets across 5,306 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $124,662 per participant (90% of the national average assets-per-participant) . Net income for plan year 2023 was $112M.

This plan identity (EIN 760602862, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $549M to $744M (+35.3%) while covered participants moved from 4,412 to 6,502 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,412 $549M Open filing
2023 5,306 $661M This page
2024 · index core 6,502 $744M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kelsey-Seybold 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Kelsey-Seybold 401(k) Plan assets move in 2023?
Kelsey-Seybold 401(k) Plan grew sharply - up 20.4% during 2023, from $549M to $661M. Reported net income was $112M.
How have Ks Management Services, L.L.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ks Management Services, L.L.C.'s sponsor-wide assets grew 35.3%, from $549M to $744M.
Where does Kelsey-Seybold 401(k) Plan rank by assets among Form 5500 filers?
Kelsey-Seybold 401(k) Plan ranks in the 98th 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 Kelsey-Seybold 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wintrust Financial Corporation Retirement Savings Plan in IL ($661M, 5,151 participants).

Filing takeaways

Ways to act on Kelsey-Seybold 401(k) Plan's numbers.