401(k) · DOL Form 5500 · 2023

St Luke's Hospital of Duluth 401(k) Plan

Data updated 2026-08-11

$380M
Total assets
2,797
Participants
97th
Percentile by assets
$135,763
Avg per participant
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Official DOL plan name: St. Luke's Hospital of Duluth Savings Plan · Sponsored by St Luke's Hospital of Duluth · Minnesota · Healthcare & Social Assistance

$380M in assets, 2,797 participants

St Luke's Hospital of Duluth's St. Luke's Hospital of Duluth Savings Plan reported $380M in total assets and 2,797 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,162 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

St. Luke's Hospital of Duluth Savings Plan covers 2,797 participants in Minnesota, 2.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $380M.

$380M
total plan assets (2023 EOY)
2,797
covered participants
97th
percentile by assets (of 127,072 plans)
$135,763
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • St. Luke's Hospital of Duluth Savings Plan reported net income rose from -$65M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • St. Luke's Hospital of Duluth Savings Plan end-of-year assets rose from $330M in the plan year 2022 filing to $380M in the plan year 2023 filing.
  • St. Luke's Hospital of Duluth Savings Plan reported participants rose from 2,753 in the plan year 2022 filing to 2,797 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. St. Luke's Hospital of Duluth Savings Plan reports 2,797 participants - 2.5x that state average ($380M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$330M
Net Assets (End of Year)$380M
Net Income$50M
Employer EIN410714079
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (St Luke's Hospital of Duluth)

$400M$450M$500M$550M$600M 202220232024 $457M $552M ▲ +20.6%
Total plan assets by year, all St Luke's Hospital of Duluth plans on file
Year Plans Participants Total Assets
2022 2 3,228 $457M
2023 2 3,227 $512M
2024 2 3,226 $552M

Nearby 401(k) Plans in Minnesota

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

St. Luke's Hospital of Duluth Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to St. Luke's Hospital of Duluth Savings Plan by total assets, not by location.

Frequently Asked Questions

How did St. Luke's Hospital of Duluth Savings Plan assets move in 2023?
St. Luke's Hospital of Duluth Savings Plan grew sharply - up 15.2% during 2023, from $330M to $380M. Reported net income was $50M.
How have St Luke's Hospital of Duluth plan assets changed over time?
Across 3 plan years on file (2022-2024), St Luke's Hospital of Duluth's sponsor-wide assets grew 20.6%, from $457M to $552M.
Where does St. Luke's Hospital of Duluth Savings Plan rank by assets among Form 5500 filers?
St. Luke's Hospital of Duluth Savings Plan ranks in the 97th 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 St. Luke's Hospital of Duluth Savings Plan?
Among 401(k) plans in other states, the closest by assets is Belk 401(k) Savings Plan in NC ($379M, 21,534 participants).

Next read for St. Luke's Hospital of Duluth Savings Pl…

Filing takeaways

Ways to act on St. Luke's Hospital of Duluth Savings Plan's numbers.