Other · DOL Form 5500 · 2024

Mille Lacs Health System Retirement Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
318
Participants Below avg headcount
75th
Percentile by assets National rank
$84,099
Avg per participant Below avg balance/head
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Official DOL plan name: Retirement Plan of Mille Lacs Health System · Sponsored by Mille Lacs Health System · Minnesota · Healthcare & Social Assistance

$27M in assets, 318 participants

Mille Lacs Health System's Retirement Plan of Mille Lacs Health System reported $27M in total assets and 318 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,394 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Retirement Plan of Mille Lacs Health System covers 318 participants in Minnesota, about 28% of the average Minnesota filer (state average ~1,126 per filing). Assets: $27M.

#13,394
in Healthcare & Social Assistance (16,916 peers)
-8.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan of Mille Lacs Health System's outsized position by total assets

Retirement Plan of Mille Lacs Health System vs every filed plan by assets

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

$26,743,334 Top 25% higher than 75% 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

Retirement Plan of Mille Lacs Health System 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. Retirement Plan of Mille Lacs Health System sits mid-pack in the medium band (318 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of Mille Lacs Health System reported net income fell from $4M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Retirement Plan of Mille Lacs Health System end-of-year assets fell from $29M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Retirement Plan of Mille Lacs Health System reported participants fell from 328 in the plan year 2023 filing to 318 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410785161 · Mille Lacs Health System PY 2024 · Other

Retirement Plan of Mille Lacs Health System · $27M · 318 · 75th

  • BOOK $27M
  • BOOK 318
  • BOOK 75th
  • BOOK Other
  • BOOK near Dedham Country Day School DC Retirement Plan
  • BOOK ind #13394

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 →

Retirement Plan of Mille Lacs Health System in the asset neighbourhood

Mystic Seaport Museum DC Retirement PlanMystic Seaport Museum DC Ret…$27MAurora Mental Health Retirement Savings PlanAurora Mental Health Retirem…$27MUnity House of Troy, Inc. 403b DC Plan and Tda PlanUnity House of Troy, Inc. 40…$27MRetirement Plan of Mille Lacs Health SystemRetirement Plan of Mille Lac…$27MDedham Country Day School DC Retirement PlanDedham Country Day School DC…$27M
End-of-year total assets ($M) among Retirement Plan of Mille Lacs Health System and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$27M
Net Income-$2M
Employer EIN410785161
Plan Effective Date1993-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mille Lacs Health System)

Sponsor-wide plan assets over time

All Mille Lacs Health System plans reported in each filing year

Latest sponsor-wide plan assets
$27M 4.40463534707266% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $25.6M $26.7M ▲ +4.4%
Year Plans Participants Total Assets
2022 1 387 $26M
2023 1 328 $29M
2024 1 318 $27M

Nearby Other Plans in Minnesota

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

Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Retirement Plan of Mille Lacs Health System, Total assets ($B): 0.026743334 · Participants: 318Retirement Plan of Mille Lacs Health SystemMayo 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 PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.866640984 · Participants: 8227Centracare Health System 403(b) PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($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 Plan
Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants
Compare Retirement Plan of Mille Lacs Health System side-by-side with 3 peers →

Retirement Plan of Mille Lacs Health System's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Dedham Country Day School DC Retirement Plan in MA ($27M); by covered participants it is The Infirmary 403(b) Plan in AL (318 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (318 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 Retirement Plan of Mille Lacs Health System assets move in 2024? ▼
Retirement Plan of Mille Lacs Health System pulled back noticeably - down 8.2% during 2024, from $29M to $27M. Reported net income was -$2M.
How have Mille Lacs Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mille Lacs Health System's sponsor-wide assets grew 4.4%, from $26M to $27M.
Where does Retirement Plan of Mille Lacs Health System rank by assets among Form 5500 filers? ▼
Retirement Plan of Mille Lacs Health System ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Retirement Plan of Mille Lacs Health System? ▼
Among Other plans in other states, the closest by assets is Dedham Country Day School DC Retirement Plan in MA ($27M, 80 participants).
Which Other plans cover a similar participant headcount to Retirement Plan of Mille Lacs Health System? ▼
Among Other plans in other states, the closest by covered participants is The Infirmary 403(b) Plan in AL (318 participants, $15M in assets).

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) - original filing retrieval by EIN 410785161.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.