Mckenzie County Healthcare Systems, Inc. 403(b) Plan
ERISA Form 5500 plan record drawn from DOL EBSA โ verify with linked source filings below.
Sponsored by Mckenzie County Healthcare Systems, Inc. ยท North Dakota ยท Healthcare & Social Assistance
What the 2023 filing shows
Mckenzie County Healthcare Systems, Inc. 403(b) Plan holds $6M for 201 participants - about $29,578 per participant, down 8.3% over the 2024 plan year.
- $6M
- total plan assets (2024 EOY)
- 201
- covered participants
- $29,578
- avg assets per participant
- -8.3%
- assets change YoY
The plan reported a net loss of $539K for the year โ a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Mckenzie County Healthcare Systems, Inc. 403(b) Plan
Mckenzie County Healthcare Systems, Inc. 403(b) Plan is a Profit Sharing retirement plan sponsored by Mckenzie County Healthcare Systems, Inc., headquartered in North Dakota. As of the 2024 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 201 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 770637498, and the plan has been effective since 2004-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $6M at the beginning of 2024 to $6M at year-end โ a decline of 8.3%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-539,237 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 2 prior plan-year filings 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) | $6M |
| Total Assets (End of Year) | $6M |
| Net Assets (End of Year) | $6M |
| Net Income | $-539,237 |
| Plan Type | Profit Sharing |
| Employer EIN | 770637498 |
| Plan Effective Date | 2004-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mckenzie County Healthcare Systems, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 232 | $8M |
| 2023 | 2 | 448 | $17M |
| 2024 | 1 | 201 | $6M |
Nearby Profit Sharing Plans in North Dakota
Peer Profit Sharing plans โ same state, same plan type โ ranked by total assets.
- Bcbsnd and Noridian Healthcare Solutions 401(k) Plan $437M ยท 2,863
- Alerus Financial Corporation Safe Harbor 401(k) Plan $170M ยท 806
- The 403(b) Thrift Plan of St. Alexius Medical Center and Garrison Memorial Hospital $165M ยท 1,491
- University of Mary Employee Retirement Plan $63M ยท 449
- Minnkota Power Cooperative, Inc. Employees 401(k) Plan $62M ยท 405
Related Data
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Frequently Asked Questions
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) โ original filing retrieval by EIN 770637498.
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.
Read our methodology โ how this data is sourced, computed, and verified.