401(k) · DOL Form 5500 · 2023

Essentia Health 401(k) Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
1,220
Participants Near avg headcount
91st
Percentile by assets National rank
$73,937
Avg per participant Below avg balance/head
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Official DOL plan name: Essentia Health 403(b) Plan · Sponsored by Essentia Health · Minnesota · Healthcare & Social Assistance

$90M in assets, 1,220 participants

Essentia Health's Essentia Health 403(b) Plan reported $90M in total assets and 1,220 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,233 in Healthcare & Social Assistance (17,684 peers)

Where Essentia Health 403(b) Plan sits by assets

Essentia Health 403(b) Plan sits in the top 10% of all filed plans by assets, $90M for 1,220 participants (~$73,937/participant), up 5.6% in 2023.

#16,233
in Healthcare & Social Assistance (17,684 peers)
+5.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Essentia Health 403(b) Plan's outsized position by total assets

Essentia Health 403(b) Plan vs every filed plan by assets

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

$90,203,002 Top 9% higher than 91% 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

Essentia Health 403(b) 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. Essentia Health 403(b) Plan lands in the large band (1,220 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Essentia Health 403(b) Plan reported net income rose from -$27M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Essentia Health 403(b) Plan reported participants fell from 1,371 in the plan year 2022 filing to 1,220 in the plan year 2023 filing.
  • Essentia Health 403(b) Plan end-of-year assets rose from $85M in the plan year 2022 filing to $90M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 200360007 · Essentia Health PY 2023 · 401(k)

Essentia Health 403(b) Plan · $90M · 1,220 · 91st

  • 5500 $90M
  • ASSETS 1,220
  • PCT 91st
  • EIN 401(k)
  • RANK near Fremont Group Retirement Plan
  • PHOTO ind #16233

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 403(b) Plan in the asset neighbourhood

A.I. Solutions, Inc. 401(k) PlanA.I. Solutions, Inc. 401(k) …$90MTelligen, Inc. 401(k) Retirement PlanTelligen, Inc. 401(k) Retire…$90MFremont Group Retirement Plan$90MEssentia Health 403(b) Plan$90MAlvogen Group Savings Incentive PlanAlvogen Group Savings Incent…$90M
End-of-year total assets ($M) among Essentia Health 403(b) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$90M
Net Income$5M
Employer EIN200360007
Plan Effective Date2009-01-01
Filing StatusFILING 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
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.7B $2.28B ▲ +34.1%
Year Plans Participants Total Assets
2022 2 15,815 $1.7B
2023 2 16,711 $2.0B
2024 2 16,810 $2.3B

Nearby 401(k) Plans in Minnesota

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

Essentia Health 403(b) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Essentia Health 403(b) Plan, Total assets ($B): 0.090203002 · Participants: 1220Essentia Health 403(b) 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
Essentia Health 403(b) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Essentia Health 403(b) Plan side-by-side with 3 peers →

Essentia Health 403(b) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fremont Group Retirement Plan in CA ($90M); by covered participants it is The Oregon Clinic, P.C. Retirement Plan in OR (1,220 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($90M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,220 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 Essentia Health 403(b) Plan assets move in 2023? ▼
Essentia Health 403(b) Plan grew at a solid clip - up 5.6% during 2023, from $85M to $90M. Reported net income was $5M.
How have Essentia Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Essentia Health's sponsor-wide assets grew 34.2%, from $1.7B to $2.3B.
Where does Essentia Health 403(b) Plan rank by assets among Form 5500 filers? ▼
Essentia Health 403(b) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Essentia Health 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fremont Group Retirement Plan in CA ($90M, 165 participants).
Which 401(k) plans cover a similar participant headcount to Essentia Health 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Oregon Clinic, P.C. Retirement Plan in OR (1,220 participants, $313M 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 200360007.

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.