Other · DOL Form 5500 · 2024

Mille Lacs Health System Retirement Plan

Data updated 2026-08-06

$27M
Total assets
318
Participants
75th
Percentile by assets
$84,099
Avg per participant
PlainRetire home → About this data

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.

  • 75th percentile by assets (of 116,472 plans)

Coverage in Minnesota

Retirement Plan of Mille Lacs Health System covers 318 participants in Minnesota, about 27% of the average Minnesota filer (state average ~1,161 per filing). Assets: $27M.

$27M
total plan assets (2024 EOY)
318
covered participants
75th
percentile by assets (of 116,472 plans)
$84,099
avg assets per participant

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.

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 →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Retirement Plan of Mille Lacs Health System reports 318 participants - about 27% of that state average ($27M EOY assets).

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)

$24M$26M$28M$30M 202220232024 $25.6M $26.7M ▲ +4.4%
Total plan assets by year, all Mille Lacs Health System plans on file
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

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 M…Mayo 403(b) PlanChildrens Hospitals …Centracare Health Sy…Carpenters & Joiners…University of St. Th…
Retirement Plan of Mille Lacs Health System vs. nearby Other plans in Minnesota, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Retirement Plan of Mille Lacs Health System by total assets, not by location.

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 116,472 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).

Next read for Retirement Plan of Mille Lacs Health Sys…

Filing takeaways

Ways to act on Retirement Plan of Mille Lacs Health System's numbers.

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.

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