401(k) · DOL Form 5500 · 2024

Allina Health System 401(k) Plan

Data updated 2026-08-06

$3.5B
Total assets
29,592
Participants
100th
Percentile by assets
$119,360
Avg per participant
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Official DOL plan name: Allina 401(k) Retirement Savings Plan · Sponsored by Allina Health System · Minnesota · Healthcare & Social Assistance

$3.5B in assets, 29,592 participants

Allina Health System's Allina 401(k) Retirement Savings Plan reported $3.5B in total assets and 29,592 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)
  • #15,564 in Healthcare & Social Assistance (15,613 peers)

Coverage in Minnesota

Allina 401(k) Retirement Savings Plan covers 29,592 participants in Minnesota, 25x the typical Minnesota plan (state average ~1,161 per filing). Assets: $3.5B.

$3.5B
total plan assets (2024 EOY)
29,592
covered participants
100th
percentile by assets (of 116,472 plans)
$119,360
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Allina 401(k) Retirement Savings Plan reported net income fell from $508M in the plan year 2023 filing to $346M in the plan year 2024 filing.
  • Allina 401(k) Retirement Savings Plan end-of-year assets rose from $3.2B in the plan year 2023 filing to $3.5B in the plan year 2024 filing.
  • Allina 401(k) Retirement Savings Plan reported participants rose from 29,148 in the plan year 2023 filing to 29,592 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Allina 401(k) Retirement Savings Plan reports 29,592 participants - 25x that state average ($3.5B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$3.5B
Net Income$346M
Employer EIN363261413
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Allina Health System)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.56B $4.48B ▲ +25.8%
Total plan assets by year, all Allina Health System plans on file
Year Plans Participants Total Assets
2022 4 38,853 $3.6B
2023 4 39,000 $4.1B
2024 4 38,783 $4.5B

Nearby 401(k) Plans in Minnesota

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

Allina 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Allina 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000500000 020406080 Total assets ($B) Participants Allina 401(k) Retire…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Allina 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Allina 401(k) Retirement Savings Plan

Allina 401(k) Retirement Savings Plan reports $3.5B in end-of-year assets across 29,592 participants (0.030% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.033% of 89,805,449 covered participants) - about $119,360 per participant (87% of the national average assets-per-participant) . Net income for plan year 2024 was $346M.

This plan identity (EIN 363261413, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.5B (+31.9%) while covered participants moved from 28,249 to 29,592 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 28,249 $2.7B Open filing
2023 29,148 $3.2B Open filing
2024 · index core 29,592 $3.5B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Allina 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Allina 401(k) Retirement Savings Plan assets move in 2024?
Allina 401(k) Retirement Savings Plan grew at a solid clip - up 10.9% during 2024, from $3.2B to $3.5B. Reported net income was $346M.
How have Allina Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Allina Health System's sponsor-wide assets grew 25.6%, from $3.6B to $4.5B.
Where does Allina 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Allina 401(k) Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Allina 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fluor Corporation Employees Savings Investment Plan in TX ($3.5B, 7,227 participants).

Filing takeaways

Ways to act on Allina 401(k) Retirement Savings Plan's numbers.