401(k) · DOL Form 5500 · 2024

International Falls Memorial Hospital Association 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
212
Participants Below avg headcount
63rd
Percentile by assets National rank
$66,721
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Rainy Lake Medical Center 401(k) Retirement Plan · Sponsored by International Falls Memorial Hospital Association · Minnesota · Healthcare & Social Assistance

$14M in assets, 212 participants

International Falls Memorial Hospital Association's Rainy Lake Medical Center 401(k) Retirement Plan reported $14M in total assets and 212 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #11,559 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Rainy Lake Medical Center 401(k) Retirement Plan covers 212 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#11,559
in Healthcare & Social Assistance (16,916 peers)
+18.3%
assets growth YoY

Rainy Lake Medical Center 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Rainy Lake Medical Center 401(k) Retirement Plan vs every filed plan by assets

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

$14,144,909 Top 37% higher than 63% 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

Rainy Lake Medical Center 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Rainy Lake Medical Center 401(k) Retirement Plan sits mid-pack in the medium band (212 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rainy Lake Medical Center 401(k) Retirement Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410726171 · International Falls Memorial Hospital Association PY 2024 · 401(k)

Rainy Lake Medical Center 401(k) Retirement Plan · $14M · 212 · 63rd

  • PART $14M
  • TYPE 212
  • NET 63rd
  • BOOK 401(k)
  • VS-ST near Om Partners 401(k) Plan
  • BOY ind #11559

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 →

Rainy Lake Medical Center 401(k) Retirement Plan in the asset neighbourhood

Om Partners 401(k) Plan$14MMad River Community Hospital 401(k) PlanMad River Community Hospital…$14MRainy Lake Medical Center 401(k) Retirement PlanRainy Lake Medical Center 40…$14MInnovive Health 401(k) Plan$14MMorgan Fuel & Heating Company, Inc. 401(k) Profit Sharing Plan & TrMorgan Fuel & Heating Compan…$14M
End-of-year total assets ($M) among Rainy Lake Medical Center 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN410726171
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (International Falls Memorial Hospital Association)

Sponsor-wide plan assets over time

All International Falls Memorial Hospital Association plans reported in each filing year

Latest sponsor-wide plan assets
$14M 45.28367834962431% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.74M $14.1M ▲ +45.2%
Year Plans Participants Total Assets
2022 1 180 $10M
2023 1 211 $12M
2024 1 212 $14M

Nearby 401(k) Plans in Minnesota

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

Rainy Lake Medical Center 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Rainy Lake Medical Center 401(k) Retirement Plan, Total assets ($B): 0.014144909 · Participants: 212Rainy Lake Medical Center 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Rainy Lake Medical Center 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Rainy Lake Medical Center 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Om Partners 401(k) Plan in GA ($14M); by covered participants it is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (212 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 Rainy Lake Medical Center 401(k) Retirement Plan assets move in 2024?
Rainy Lake Medical Center 401(k) Retirement Plan grew sharply - up 18.3% during 2024, from $12M to $14M. Reported net income was $2M.
How have International Falls Memorial Hospital Association plan assets changed over time?
Across 3 plan years on file (2022-2024), International Falls Memorial Hospital Association's sponsor-wide assets grew 45.3%, from $10M to $14M.
Which 401(k) plans are similar in size to Rainy Lake Medical Center 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Om Partners 401(k) Plan in GA ($14M, 200 participants).
Which 401(k) plans cover a similar participant headcount to Rainy Lake Medical Center 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants, $4M in assets).