Profit Sharing · DOL Form 5500 · 2023
Essentia Health Profit Sharing Plan
Data updated 2026-08-25
- $1.9B
- Total assets Very large vs avg
- 15,491
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $125,687
- Avg per participant Near avg balance/head
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.
- #17,584 in Healthcare & Social Assistance (17,684 peers)
Coverage in Minnesota
Essentia Health Retirement Plan covers 15,491 participants in Minnesota, 14x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.9B.
- #17,584
- in Healthcare & Social Assistance (17,684 peers)
- +20.7%
- assets growth YoY
- 20×
- vs typical plan assets (national mean)
Essentia Health Retirement Plan's outsized position by total assets
Essentia Health Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,947,015,983 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Essentia Health Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Essentia Health Retirement Plan is a mega filing (15,491 participants), the rightmost band on the breakdown.
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.
Form 5500 schedule snapshot
Filing strip 200360007 · Essentia Health PY 2023 · Profit Sharing
Essentia Health Retirement Plan · $1.9B · 15,491 · 99th
- PHOTO $1.9B
- PHOTO 15,491
- PHOTO 99th
- PHOTO Profit Sharing
- PHOTO near Prisma Health Retirement Savings Plan
- PHOTO ind #17584
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 →
Essentia Health Retirement Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Essentia Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.3B 34.17601445297837% vs 2022
- 2024 filing year
| 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.
- 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 (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $125,687 per participant (91% 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)
Essentia Health Retirement Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Minnesota, the nearest Profit Sharing by assets is Prisma Health Retirement Savings Plan in SC ($1.9B); by covered participants it is Raymond James Financial, Inc. & Affiliates Profit Sharing Plan in FL (15,503 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.9B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (15,491 participants); asset peers above are excluded.
- Raymond James Financial, Inc. & Affiliates Profit Sharing Plan (FL) 15,503 · 12 off
- Rochester Regional Health 403(b) Defined Contribution Plan (NY) 15,433 · 58 off
- Maximus Gsa Retirement Plan (VA) 15,554 · 63 off
- Carle Foundation Hospital and Affiliates Matching Tsa Plan (IL) 15,604 · 113 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.