401(k) · DOL Form 5500 · 2024

South Lake Clinic, P.a. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
117
Participants Small participant base
71st
Percentile by assets National rank
$176,431
Avg per participant Above avg balance/head
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Official DOL plan name: South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan · Sponsored by South Lake Clinic, P.a. · Minnesota · Healthcare & Social Assistance

$21M in assets, 117 participants

South Lake Clinic, P.a.'s South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan reported $21M in total assets and 117 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #12,735 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan covers 117 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#12,735
in Healthcare & Social Assistance (16,916 peers)
+14.8%
assets growth YoY

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan's outsized position by total assets

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan vs every filed plan by assets

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

$20,642,430 Top 29% higher than 71% 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

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan 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. South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan sits mid-pack in the medium band (117 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan end-of-year assets rose from $18M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411240834 · South Lake Clinic, P.a. PY 2024 · 401(k)

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan · $21M · 117 · 71st

  • NET $21M
  • BOOK 117
  • VS-ST 71st
  • BOY 401(k)
  • SCH near Southern Diversified Distributors, Inc. 401(k)
  • EBSA ind #12735

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 →

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan in the asset neighbourhood

South Lake Clinic, P. a. Employees' Profit Sharing Plus PlanSouth Lake Clinic, P. a. Emp…$21MSouthern Diversified Distributors, Inc. 401(k)Southern Diversified Distrib…$21MTexas Enterprises 401(k) Retirement PlanTexas Enterprises 401(k) Ret…$21MCochener Garvey Employee's 401(k) PlanCochener Garvey Employee's 4…$21MRotella's Italian Bakery, Inc. Profit Sharing 401(k) PlanRotella's Italian Bakery, In…$21M
End-of-year total assets ($M) among South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN411240834
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Lake Clinic, P.a.)

Sponsor-wide plan assets over time

All South Lake Clinic, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 38.44601774113683% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $14.9M $20.6M ▲ +38.4%
Year Plans Participants Total Assets
2022 1 111 $15M
2023 1 117 $18M
2024 1 117 $21M

Nearby 401(k) Plans in Minnesota

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

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan, Total assets ($B): 0.02064243 · Participants: 117South Lake Clinic, P. a. Employees' Profit Sharing Plus 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
South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan side-by-side with 3 peers →

South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Southern Diversified Distributors, Inc. 401(k) in SC ($21M); by covered participants it is Quality Beverage 401(k) Plan in MA (117 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (117 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 South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan assets move in 2024? ▼
South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan grew at a solid clip - up 14.8% during 2024, from $18M to $21M. Reported net income was $3M.
How have South Lake Clinic, P.a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Lake Clinic, P.a.'s sponsor-wide assets grew 38.4%, from $15M to $21M.
Which 401(k) plans are similar in size to South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southern Diversified Distributors, Inc. 401(k) in SC ($21M, 248 participants).
Which 401(k) plans cover a similar participant headcount to South Lake Clinic, P. a. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quality Beverage 401(k) Plan in MA (117 participants, N/A 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 411240834.

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.