401(k) · DOL Form 5500 · 2024

Centracare Health System 401(k) Plan

Data updated 2026-08-06

$1.2B
Total assets
11,193
Participants
99th
Percentile by assets
$109,291
Avg per participant
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Official DOL plan name: Centracare Health System Retirement Plan · Sponsored by Centracare Health System · Minnesota · Healthcare & Social Assistance

$1.2B in assets, 11,193 participants

Centracare Health System's Centracare Health System Retirement Plan reported $1.2B in total assets and 11,193 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)
  • #15,430 in Healthcare & Social Assistance (15,613 peers)

Coverage in Minnesota

Centracare Health System Retirement Plan covers 11,193 participants in Minnesota, 9.6x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.2B.

$1.2B
total plan assets (2024 EOY)
11,193
covered participants
99th
percentile by assets (of 116,472 plans)
$109,291
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Centracare Health System Retirement Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Centracare Health System Retirement Plan reported net income fell from $211M in the plan year 2023 filing to $193M in the plan year 2024 filing.
  • Centracare Health System Retirement Plan reported participants fell from 11,997 in the plan year 2023 filing to 11,193 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. Centracare Health System Retirement Plan reports 11,193 participants - 9.6x that state average ($1.2B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$193M
Employer EIN411813221
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centracare Health System)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.56B $2.09B ▲ +34.0%
Total plan assets by year, all Centracare Health System plans on file
Year Plans Participants Total Assets
2022 2 23,875 $1.6B
2023 2 21,434 $1.9B
2024 2 19,420 $2.1B

Nearby 401(k) Plans in Minnesota

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

Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Centracare Health Sy…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Centracare Health System Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Centracare Health System Retirement Plan

Centracare Health System Retirement Plan reports $1.2B in end-of-year assets across 11,193 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.012% of 89,805,449 covered participants) - about $109,291 per participant (80% of the national average assets-per-participant) . Net income for plan year 2024 was $193M.

This plan identity (EIN 411813221, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $819M to $1.2B (+49.3%) while covered participants moved from 13,035 to 11,193 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,035 $819M Open filing
2023 11,997 $1.0B Open filing
2024 · index core 11,193 $1.2B 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 Centracare Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Centracare Health System Retirement Plan assets move in 2024?
Centracare Health System Retirement Plan grew sharply - up 18.8% during 2024, from $1.0B to $1.2B. Reported net income was $193M.
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 Retirement Plan rank by assets among Form 5500 filers?
Centracare Health System Retirement Plan ranks in the 99th 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 Centracare Health System Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan in KS ($1.2B, 7,736 participants).

Next read for Centracare Health System Retirement Plan

Filing takeaways

Ways to act on Centracare Health System Retirement Plan's numbers.