401(k) · DOL Form 5500 · 2023

Monarch Healthcare Management, LLC 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
3,427
Participants Above avg headcount
78th
Percentile by assets National rank
$7,867
Avg per participant Low balance/head
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Official DOL plan name: Monarch Healthcare 401(k) Plan · Sponsored by Monarch Healthcare Management, LLC · Minnesota · Healthcare & Social Assistance

$27M in assets, 3,427 participants

Monarch Healthcare Management, LLC's Monarch Healthcare 401(k) Plan reported $27M in total assets and 3,427 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.

  • #14,338 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Monarch Healthcare 401(k) Plan covers 3,427 participants in Minnesota, 3.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $27M.

#14,338
in Healthcare & Social Assistance (17,684 peers)
+28.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Monarch Healthcare 401(k) Plan's outsized position by total assets

Monarch Healthcare 401(k) Plan vs every filed plan by assets

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

$26,961,316 Top 22% higher than 78% 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

Monarch Healthcare 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monarch Healthcare 401(k) Plan lands in the large band (3,427 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Monarch Healthcare 401(k) Plan reported net income rose from -$922K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Monarch Healthcare 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Monarch Healthcare 401(k) Plan reported participants rose from 3,387 in the plan year 2022 filing to 3,427 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 473799342 · Monarch Healthcare Management, LLC PY 2023 · 401(k)

Monarch Healthcare 401(k) Plan · $27M · 3,427 · 78th

  • EBSA $27M
  • EBSA 3,427
  • EBSA 78th
  • EBSA 401(k)
  • EBSA near Tsg Cennox, LLC 401(k) Plan
  • EBSA ind #14338

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 →

Monarch Healthcare 401(k) Plan in the asset neighbourhood

Atlantic Tomorrowsoffice 401(k)PlanAtlantic Tomorrowsoffice 401…$27MMonarch Healthcare 401(k) PlanMonarch Healthcare 401(k) Pl…$27MTsg Cennox, LLC 401(k) Plan$27MAdc Therapeutics America, Inc. 401(k) PlanAdc Therapeutics America, In…$27MArticularis Healthcare Retirement PlanArticularis Healthcare Retir…$27M
End-of-year total assets ($M) among Monarch Healthcare 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$27M
Net Income$6M
Employer EIN473799342
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monarch Healthcare Management, LLC)

Sponsor-wide plan assets over time

All Monarch Healthcare Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 65.9481026915154% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $21M $34.8M ▲ +65.9%
Year Plans Participants Total Assets
2022 1 3,387 $21M
2023 1 3,427 $27M
2024 1 4,137 $35M

Nearby 401(k) Plans in Minnesota

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

Monarch Healthcare 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Monarch Healthcare 401(k) Plan, Total assets ($B): 0.026961316 · Participants: 3427Monarch Healthcare 401(k) 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
Monarch Healthcare 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Monarch Healthcare 401(k) Plan side-by-side with 3 peers →

Monarch Healthcare 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tsg Cennox, LLC 401(k) Plan in GA ($27M); by covered participants it is Milliman Profit Sharing and Retirement Plan in WA (3,427 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,427 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 Monarch Healthcare 401(k) Plan assets move in 2023? ▼
Monarch Healthcare 401(k) Plan grew sharply - up 28.4% during 2023, from $21M to $27M. Reported net income was $6M.
How have Monarch Healthcare Management, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monarch Healthcare Management, LLC's sponsor-wide assets grew 65.9%, from $21M to $35M.
Where does Monarch Healthcare 401(k) Plan rank by assets among Form 5500 filers? ▼
Monarch Healthcare 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Monarch Healthcare 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tsg Cennox, LLC 401(k) Plan in GA ($27M, 809 participants).
Which 401(k) plans cover a similar participant headcount to Monarch Healthcare 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Milliman Profit Sharing and Retirement Plan in WA (3,427 participants, $1.9B 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 473799342.

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.