401(k) · DOL Form 5500 · 2024
Olmsted Medical Center 401(k) Plan
Data updated 2026-08-11
- $303M
- Total assets
- 1,364
- Participants
- 96th
- Percentile by assets
- $222,421
- Avg per participant
Official DOL plan name: Olmsted Medical Center Retirement Savings Plan · Sponsored by Olmsted Medical Center · Minnesota · Healthcare & Social Assistance
$303M in assets, 1,364 participants
Olmsted Medical Center's Olmsted Medical Center Retirement Savings Plan reported $303M in total assets and 1,364 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #16,254 in Healthcare & Social Assistance (16,916 peers)
Where Olmsted Medical Center Retirement Savings Plan sits by assets
Olmsted Medical Center Retirement Savings Plan sits in the top 5% of all filed plans by assets, $303M for 1,364 participants (~$222,421/participant), up 12.4% in 2024.
- $303M
- total plan assets (2024 EOY)
- 1,364
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $222,421
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Olmsted Medical Center Retirement Savings Plan reported net income fell from $39M in the plan year 2023 filing to $34M in the plan year 2024 filing.
- Olmsted Medical Center Retirement Savings Plan end-of-year assets rose from $270M in the plan year 2023 filing to $303M in the plan year 2024 filing.
- Olmsted Medical Center Retirement Savings Plan reported participants rose from 1,340 in the plan year 2023 filing to 1,364 in the plan year 2024 filing.
Olmsted Medical Center Retirement Savings Plan vs the 2024 asset distribution
By assets, Olmsted Medical Center Retirement Savings Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $270M |
|---|---|
| Net Assets (End of Year) | $303M |
| Net Income | $34M |
| Employer EIN | 410855367 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Olmsted Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,286 | $231M |
| 2023 | 1 | 1,340 | $270M |
| 2024 | 1 | 1,364 | $303M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Olmsted Medical Center Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Olmsted Medical Center Retirement Savings Plan by total assets, not by location.
- The Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings Plan (MD) $303M · 1,572
- Philip Morris International Deferred Profit-Sharing Plan (CT) $303M · 301
- Brg 401(k) Plan (DC) $303M · 1,384
- Southern Ute Indian Tribe Retirement Savings Plan (CO) $303M · 1,300
Frequently Asked Questions
How did Olmsted Medical Center Retirement Savings Plan assets move in 2024? ▼
How have Olmsted Medical Center plan assets changed over time? ▼
Where does Olmsted Medical Center Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Olmsted Medical Center Retirement Savings Plan? ▼
Next read for Olmsted Medical Center Retirement Saving…
Scale reading
Ways to act on Olmsted Medical Center Retirement Savings Plan's numbers.
- By total assets, Olmsted Medical Center Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Olmsted Medical Center's sponsor-wide assets have grown 31.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans