Profit Sharing · DOL Form 5500 · 2023
Essentia Health Profit Sharing Plan
Data updated 2026-08-06
- $1.9B
- Total assets
- 15,491
- Participants
- 99th
- Percentile by assets
- $125,687
- Avg per participant
Official DOL plan name: Essentia Health Retirement Plan · Sponsored by Essentia Health · Minnesota · Healthcare & Social Assistance
$1.9B in assets, 15,491 participants
Essentia Health's Essentia Health Retirement Plan reported $1.9B in total assets and 15,491 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 126,618 plans)
- #17,526 in Healthcare & Social Assistance (17,626 peers)
Coverage in Minnesota
Essentia Health Retirement Plan covers 15,491 participants in Minnesota, 13x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.9B.
- $1.9B
- total plan assets (2023 EOY)
- 15,491
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $125,687
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Essentia Health Retirement Plan reported net income rose from -$290M in the plan year 2022 filing to $334M in the plan year 2023 filing.
- Essentia Health Retirement Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
- Essentia Health Retirement Plan reported participants rose from 14,444 in the plan year 2022 filing to 15,491 in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Essentia Health Retirement Plan reports 15,491 participants - 13x that state average ($1.9B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | $334M |
| Employer EIN | 200360007 |
| Plan Effective Date | 1965-12-22 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Essentia Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,815 | $1.7B |
| 2023 | 2 | 16,711 | $2.0B |
| 2024 | 2 | 16,810 | $2.3B |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Essentia Health Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- 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
- Regions Hospital Retirement Savings 401(k) Plan $502M · 6,168
Scale composition for Essentia Health Retirement Plan
Essentia Health Retirement Plan reports $1.9B in end-of-year assets across 15,491 participants (0.017% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.017% of 89,805,449 covered participants) - about $125,687 per participant (92% of the national average assets-per-participant) . Net income for plan year 2023 was $334M.
This plan identity (EIN 200360007, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.2B (+35.7%) while covered participants moved from 14,444 to 15,695 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,444 | $1.6B | Open filing |
| 2023 | 15,491 | $1.9B | This page |
| 2024 · index core | 15,695 | $2.2B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Essentia Health Retirement Plan (401(k), $2.2B, 15,695 participants)
- Essentia Health 403(b) Plan (401(k), $90M, 1,115 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Essentia Health Retirement Plan by total assets, not by location.
- Prisma Health Retirement Savings Plan (SC) $1.9B · 28,745
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO (NY) $1.9B · 3,402
- Mid-America Carpenters Regional Council Supplemental Retirement Plan (IL) $1.8B · 16,214
- Eastern Atlantic States Carpenters Annuity Fund (PA) $2.1B · 17,441
Frequently Asked Questions
How did Essentia Health Retirement Plan assets move in 2023? ▼
How have Essentia Health plan assets changed over time? ▼
Where does Essentia Health Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Essentia Health Retirement Plan? ▼
Next read for Essentia Health Retirement Plan
Filing takeaways
Ways to act on Essentia Health Retirement Plan's numbers.
- By total assets, Essentia Health Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Essentia Health's sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans