401(k) · DOL Form 5500 · 2024

Monarch Healthcare Management, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
4,137
Participants Above avg headcount
80th
Percentile by assets National rank
$8,422
Avg per participant Low balance/head
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Official DOL plan name: Monarch Healthcare 401(k) Plan · Sponsored by Monarch Healthcare Management, LLC · Minnesota · Healthcare & Social Assistance

$35M in assets, 4,137 participants

Monarch Healthcare Management, LLC's Monarch Healthcare 401(k) Plan reported $35M in total assets and 4,137 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,971 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Monarch Healthcare 401(k) Plan covers 4,137 participants in Minnesota, 3.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $35M.

#13,971
in Healthcare & Social Assistance (16,916 peers)
+29.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Monarch Healthcare 401(k) Plan's outsized position by total assets

Monarch Healthcare 401(k) Plan vs every filed plan by assets

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

$34,841,380 Top 20% higher than 80% 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

Monarch Healthcare 401(k) 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. Monarch Healthcare 401(k) Plan lands in the large band (4,137 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monarch Healthcare 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Monarch Healthcare 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Monarch Healthcare 401(k) Plan reported participants rose from 3,427 in the plan year 2023 filing to 4,137 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 473799342 · Monarch Healthcare Management, LLC PY 2024 · 401(k)

Monarch Healthcare 401(k) Plan · $35M · 4,137 · 80th

  • 5500 $35M
  • ASSETS 4,137
  • PCT 80th
  • EIN 401(k)
  • RANK near Davis Health System 401(k) Profit Sharing Plan
  • PHOTO ind #13971

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 →

Monarch Healthcare 401(k) Plan in the asset neighbourhood

Ingram Entertainment Inc. Thrift PlanIngram Entertainment Inc. Th…$35MMonarch Healthcare 401(k) PlanMonarch Healthcare 401(k) Pl…$35MDavis Health System 401(k) Profit Sharing PlanDavis Health System 401(k) P…$35MEncompass Group, LLC 401(k) Retirement PlanEncompass Group, LLC 401(k) …$35MRent the Runway, Inc.$35M
End-of-year total assets ($M) among Monarch Healthcare 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$35M
Net Income$8M
Employer EIN473799342
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monarch Healthcare Management, LLC)

Sponsor-wide plan assets over time

All Monarch Healthcare Management, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 65.9481026915154% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $21M $34.8M ▲ +65.9%
Year Plans Participants Total Assets
2022 1 3,387 $21M
2023 1 3,427 $27M
2024 1 4,137 $35M

Nearby 401(k) Plans in Minnesota

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

Monarch Healthcare 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Monarch Healthcare 401(k) Plan, Total assets ($B): 0.03484138 · Participants: 4137Monarch Healthcare 401(k) 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
Monarch Healthcare 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Monarch Healthcare 401(k) Plan side-by-side with 3 peers →

Monarch Healthcare 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Davis Health System 401(k) Profit Sharing Plan in WV ($35M); by covered participants it is Fresenius Kabi USA, LLC Savings & Ret Plan in IL (4,136 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,137 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 Monarch Healthcare 401(k) Plan assets move in 2024? ▼
Monarch Healthcare 401(k) Plan grew sharply - up 29.2% during 2024, from $27M to $35M. Reported net income was $8M.
How have Monarch Healthcare Management, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monarch Healthcare Management, LLC's sponsor-wide assets grew 65.9%, from $21M to $35M.
Where does Monarch Healthcare 401(k) Plan rank by assets among Form 5500 filers? ▼
Monarch Healthcare 401(k) Plan ranks in the 80th 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 401(k) plans are similar in size to Monarch Healthcare 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Davis Health System 401(k) Profit Sharing Plan in WV ($35M, 909 participants).
Which 401(k) plans cover a similar participant headcount to Monarch Healthcare 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fresenius Kabi USA, LLC Savings & Ret Plan in IL (4,136 participants, $560M 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 473799342.

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.