Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Twin City Hospital Workers Pension Plan Pension Plan

Data updated 2026-08-11

$260M
Total assets
6,865
Participants
96th
Percentile by assets
$37,857
Avg per participant
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Official DOL plan name: Twin City Hospital Workers Pension Plan · Sponsored by Board of Trustees of Twin City Hospital Workers Pension Plan · Minnesota · Healthcare & Social Assistance

$260M in assets, 6,865 participants

Board of Trustees of Twin City Hospital Workers Pension Plan's Twin City Hospital Workers Pension Plan reported $260M in total assets and 6,865 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #16,997 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Twin City Hospital Workers Pension Plan covers 6,865 participants in Minnesota, 6.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $260M.

$260M
total plan assets (2023 EOY)
6,865
covered participants
96th
percentile by assets (of 127,072 plans)
$37,857
avg assets per participant

Where Twin City Hospital Workers Pension Plan sits by total assets

Twin City Hospital Workers Pension Plan vs every filed plan by assets

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

$259,887,129 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin City Hospital Workers Pension Plan reported net income rose from -$38M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Twin City Hospital Workers Pension Plan end-of-year assets rose from $226M in the plan year 2022 filing to $260M in the plan year 2023 filing.
  • Twin City Hospital Workers Pension Plan reported participants fell from 6,940 in the plan year 2022 filing to 6,865 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. Twin City Hospital Workers Pension Plan reports 6,865 participants - 6.1x that state average ($260M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$226M
Net Assets (End of Year)$260M
Net Income$34M
Employer EIN410973571
Plan Effective Date1971-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Twin City Hospital Workers Pension Plan)

$220M$240M$260M$280M$300M 202220232024 $226M $287M ▲ +26.8%
Total plan assets by year, all Board of Trustees of Twin City Hospital Workers Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 6,940 $226M
2023 1 6,865 $260M
2024 1 7,020 $287M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Twin City Hospital Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Twin City Hospital Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Twin City Hospital W…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…General Mills Pensio…U.S. Bank Pension Plan
Twin City Hospital Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Scale composition for Twin City Hospital Workers Pension Plan

Twin City Hospital Workers Pension Plan reports $260M in end-of-year assets across 6,865 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $37,857 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $34M.

This plan identity (EIN 410973571, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $226M to $287M (+26.8%) while covered participants moved from 6,940 to 7,020 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,940 $226M Open filing
2023 6,865 $260M This page
2024 · index core 7,020 $287M Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Twin City Hospital Workers Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Twin City Hospital Workers Pension Plan assets move in 2023?
Twin City Hospital Workers Pension Plan grew at a solid clip - up 14.9% during 2023, from $226M to $260M. Reported net income was $34M.
How have Board of Trustees of Twin City Hospital Workers Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Twin City Hospital Workers Pension Plan's sponsor-wide assets grew 26.8%, from $226M to $287M.
Where does Twin City Hospital Workers Pension Plan rank by assets among Form 5500 filers?
Twin City Hospital Workers Pension Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Twin City Hospital Workers Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of Givaudan in NJ ($260M, 453 participants).

Next read for Twin City Hospital Workers Pension Plan

Filing takeaways

Ways to act on Twin City Hospital Workers Pension Plan's numbers.