Profit Sharing · DOL Form 5500 · 2023
Hennepin Healthcare Research Institute Profit Sharing Plan
Data updated 2026-08-11
- $27M
- Total assets
- 184
- Participants
- 78th
- Percentile by assets
- $147,695
- Avg per participant
Official DOL plan name: Hennepin Healthcare Research Institute Retirement Plan · Sponsored by Hennepin Healthcare Research Institute · Minnesota · Professional & Technical Services
$27M in assets, 184 participants
Hennepin Healthcare Research Institute's Hennepin Healthcare Research Institute Retirement Plan reported $27M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.
- 78th percentile by assets (of 127,072 plans)
- #15,881 in Professional & Technical Services (20,321 peers)
Coverage in Minnesota
Hennepin Healthcare Research Institute Retirement Plan covers 184 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $27M.
- $27M
- total plan assets (2023 EOY)
- 184
- covered participants
- 78th
- percentile by assets (of 127,072 plans)
- $147,695
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hennepin Healthcare Research Institute Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Hennepin Healthcare Research Institute Retirement Plan end-of-year assets rose from $23M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Hennepin Healthcare Research Institute Retirement Plan reported participants fell from 186 in the plan year 2022 filing to 184 in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Hennepin Healthcare Research Institute Retirement Plan reports 184 participants - about 16% of that state average ($27M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $23M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | $4M |
| Employer EIN | 411677920 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hennepin Healthcare Research Institute)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 392 | $40M |
| 2023 | 2 | 385 | $46M |
| 2024 | 2 | 413 | $51M |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Hennepin Healthcare Research Institute Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- Essentia Health Retirement Plan $1.9B · 15,491
- Pipe Trades Services Mn Pension Supplement Fund $1.6B · 6,062
- Allina 403(b) Retirement Savings Plan $906M · 9,417
- Fairview Health Services Pension Plan $610M · 4,828
- Cargill Employee Retirement Account Plan $511M · 19,870
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Hennepin Healthcare Research Institute Retirement Plan by total assets, not by location.
- W.R. Grace & Co. Retirement Contribution Plan (MD) $27M · 1,269
- Fertilizer Dealer Supply, Inc. Profit Sharing Plan (IL) $27M · 78
- The Contractors Retirement Plan (NY) $27M · 258
- Lowenstein Sandler 2016 Profit Sharing Plan (NJ) $27M · 282
Frequently Asked Questions
How did Hennepin Healthcare Research Institute Retirement Plan assets move in 2023? ▼
How have Hennepin Healthcare Research Institute plan assets changed over time? ▼
Where does Hennepin Healthcare Research Institute Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Hennepin Healthcare Research Institute Retirement Plan? ▼
Next read for Hennepin Healthcare Research Institute R…
Filing takeaways
Ways to act on Hennepin Healthcare Research Institute Retirement Plan's numbers.
- By total assets, Hennepin Healthcare Research Institute Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Hennepin Healthcare Research Institute's sponsor-wide assets have grown 27.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans