401(k)
2023 plan-year 401(k) DOL Form 5500

Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mid Dakota Clinic, P.C. ยท North Dakota ยท Healthcare & Social Assistance

What the 2023 filing shows

Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust holds $4K for 335 participants - about $12 per participant, down 100.0% over the 2023 plan year.

$4K
total plan assets (2023 EOY)
335
covered participants
$12
avg assets per participant
-100.0%
assets change YoY

The plan reported a net loss of $56M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$4K
Participants
335
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust

Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Mid Dakota Clinic, P.C., headquartered in North Dakota. As of the 2023 Form 5500 filing, the plan reports $4K in total end-of-year assets and covers 335 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 450311334, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $81M at the beginning of 2023 to $4K at year-end โ€” a decline of 100.0%. Net assets (after liabilities) closed the year at $4K, with reported net income of $-56,118,029 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$81M
Total Assets (End of Year)$4K
Net Assets (End of Year)$4K
Net Income$-56,118,029
Plan Type401(k)
Employer EIN450311334
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mid Dakota Clinic, P.C.)

Year Plans Participants Total Assets
2022 1 412 $81M
2023 1 335 $4K

Nearby 401(k) Plans in North Dakota

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Frequently Asked Questions

How much money is in the Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust?
As of the 2023 Form 5500 filing, Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust holds $4K in total assets with 335 participants. It is sponsored by Mid Dakota Clinic, P.C..
What type of plan is Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust?
Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 450311334.
Who sponsors the Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust?
Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust is sponsored by Mid Dakota Clinic, P.C., located in North Dakota. The sponsor's EIN is 450311334 and the plan operates in the Healthcare & Social Assistance industry.
How did Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust perform in 2023?
Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust declined by 100.0% during 2023, moving from $81M to $4K in total assets. Net income was $-56,118,029.
Where can I find official filings for Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust?
Official Form 5500 filings for Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 450311334 or plan name at efast.dol.gov.
How does Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust compare to other plans?
You can compare Mid-Dakota Clinic, P.C. 401(k) Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in North Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 450311334.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.