401(k) · DOL Form 5500 · 2024

Olmsted Medical Center 401(k) Plan

Data updated 2026-08-25

$303M
Total assets Above avg plan size
1,364
Participants Near avg headcount
96th
Percentile by assets National rank
$222,421
Avg per participant Above avg balance/head
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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.

  • #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.

#16,254
in Healthcare & Social Assistance (16,916 peers)
+12.4%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Olmsted Medical Center Retirement Savings Plan's outsized position by total assets

Olmsted Medical Center Retirement Savings Plan vs every filed plan by assets

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

$303,382,040 Top 4% higher than 96% 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

Olmsted Medical Center Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Olmsted Medical Center Retirement Savings Plan lands in the large band (1,364 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410855367 · Olmsted Medical Center PY 2024 · 401(k)

Olmsted Medical Center Retirement Savings Plan · $303M · 1,364 · 96th

  • ASSETS $303M
  • PCT 1,364
  • EIN 96th
  • RANK 401(k)
  • PHOTO near The Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings Plan
  • IND ind #16254

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 →

Olmsted Medical Center Retirement Savings Plan in the asset neighbourhood

Philip Morris International Deferred Profit-Sharing PlanPhilip Morris International …$303MThe Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings PlanThe Rummel, Klepper & Kahl, …$303MOlmsted Medical Center Retirement Savings PlanOlmsted Medical Center Retir…$303MBrg 401(k) Plan$303MSouthern Ute Indian Tribe Retirement Savings PlanSouthern Ute Indian Tribe Re…$303M
End-of-year total assets ($M) among Olmsted Medical Center Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$270M
Net Assets (End of Year)$303M
Net Income$34M
Employer EIN410855367
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olmsted Medical Center)

Sponsor-wide plan assets over time

All Olmsted Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$303M 31.38222044229338% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $231M $303M ▲ +31.4%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Olmsted Medical Center Retirement Savings Plan, Total assets ($B): 0.30338204 · Participants: 1364Olmsted Medical Center Retirement Savings 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
Olmsted Medical Center Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is The Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings Plan in MD ($303M); by covered participants it is Helen of Troy 401(k) Plan in TX (1,364 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($303M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,364 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 Olmsted Medical Center Retirement Savings Plan assets move in 2024? ▼
Olmsted Medical Center Retirement Savings Plan grew at a solid clip - up 12.4% during 2024, from $270M to $303M. Reported net income was $34M.
How have Olmsted Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Olmsted Medical Center's sponsor-wide assets grew 31.4%, from $231M to $303M.
Where does Olmsted Medical Center Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Olmsted Medical Center Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Olmsted Medical Center Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Rummel, Klepper & Kahl, L.L.P. Pre-Tax Savings Plan in MD ($303M, 1,572 participants).
Which 401(k) plans cover a similar participant headcount to Olmsted Medical Center Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Helen of Troy 401(k) Plan in TX (1,364 participants, $158M in assets).