Other · DOL Form 5500 · 2024

Centracare Health System Retirement Plan

Data updated 2026-08-25

$867M
Total assets Above avg plan size
8,227
Participants Very large workforce
98th
Percentile by assets National rank
$105,341
Avg per participant Below avg balance/head
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Official DOL plan name: Centracare Health System 403(b) Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$867M in assets, 8,227 participants

Centracare Health System's Centracare Health System 403(b) Plan reported $867M in total assets and 8,227 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #16,636 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Centracare Health System 403(b) Plan covers 8,227 participants in Minnesota, 7.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $867M.

#16,636
in Healthcare & Social Assistance (16,916 peers)
+4.8%
assets growth YoY
8.7×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$866,640,984 Top 2% higher than 98% of 123,620 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 2024

Centracare Health System 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Centracare Health System 403(b) Plan lands in the large band (8,227 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Centracare Health System 403(b) Plan reported net income fell from $87M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Centracare Health System 403(b) Plan reported participants fell from 9,437 in the plan year 2023 filing to 8,227 in the plan year 2024 filing.
  • Centracare Health System 403(b) Plan end-of-year assets rose from $827M in the plan year 2023 filing to $867M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411813221 · Centracare Health System PY 2024 · Other

Centracare Health System 403(b) Plan · $867M · 8,227 · 98th

  • ASSETS $867M
  • PCT 8,227
  • EIN 98th
  • RANK Other
  • PHOTO near City of Hope National Medical Center Tax-Deferred Annuity Plan
  • IND ind #16636

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 →

Centracare Health System 403(b) Plan in the asset neighbourhood

Institute for Defense Analyses Tax Deferred Annuity PlanInstitute for Defense Analys…$875MYale University Tax-Deferred 403(b) Savings PlanYale University Tax-Deferred…$874MDana-Farber Cancer Institute Tax Deferred Annuity PlanDana-Farber Cancer Institute…$870MCentracare Health System 403(b) PlanCentracare Health System 403…$867MCity of Hope National Medical Center Tax-Deferred Annuity PlanCity of Hope National Medica…$865M
End-of-year total assets ($M) among Centracare Health System 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$827M
Net Assets (End of Year)$867M
Net Income$40M
Employer EIN411813221
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centracare Health System)

Sponsor-wide plan assets over time

All Centracare Health System plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 34.093829776898545% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.56B $2.09B ▲ +34.0%
Year Plans Participants Total Assets
2022 2 23,875 $1.6B
2023 2 21,434 $1.9B
2024 2 19,420 $2.1B

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Centracare Health System 403(b) Plan, Total assets ($B): 0.866640984 · Participants: 8227Centracare Health System 403(b) PlanMayo 403(b) Plan, Total assets ($B): 12.799106312 · Participants: 85933Mayo 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.937973727 · Participants: 5750Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.811257677 · Participants: 22289Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.459707522 · Participants: 2357University of St. Thomas Retirement PlanCarleton College Defined Contribution Plan, Total assets ($B): 0.396717996 · Participants: 906Carleton College Defined Contribution Plan
Centracare Health System 403(b) Plan vs. nearby Other plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System 403(b) Plan

Centracare Health System 403(b) Plan reports $867M in end-of-year assets across 8,227 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $105,341 per participant (76% of the national average assets-per-participant) . Net income for plan year 2024 was $40M.

This plan identity (EIN 411813221, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $739M to $867M (+17.2%) while covered participants moved from 10,840 to 8,227 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,840 $739M Open filing
2023 9,437 $827M Open filing
2024 · index core 8,227 $867M This page

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

Centracare Health System 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is City of Hope National Medical Center Tax-Deferred Annuity Plan in CA ($865M); by covered participants it is Maimonides Medical Center Tax Deferred Retirement Plan in NY (8,258 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,227 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Centracare Health System 403(b) Plan assets move in 2024?
Centracare Health System 403(b) Plan edged up modestly - up 4.8% during 2024, from $827M to $867M. Reported net income was $40M.
How have Centracare Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Centracare Health System's sponsor-wide assets grew 34.1%, from $1.6B to $2.1B.
Where does Centracare Health System 403(b) Plan rank by assets among Form 5500 filers?
Centracare Health System 403(b) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Centracare Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is City of Hope National Medical Center Tax-Deferred Annuity Plan in CA ($865M, 9,226 participants).
Which Other plans cover a similar participant headcount to Centracare Health System 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Maimonides Medical Center Tax Deferred Retirement Plan in NY (8,258 participants, $1.0B in assets).