401(k) · DOL Form 5500 · 2024

North Memorial Health Care 401(k) Plan

Data updated 2026-08-11

$778M
Total assets
6,766
Participants
98th
Percentile by assets
$115,029
Avg per participant
PlainRetire home → About this data

Official DOL plan name: North Memorial Health · Sponsored by North Memorial Health Care · Minnesota · Healthcare & Social Assistance

$778M in assets, 6,766 participants

North Memorial Health Care's North Memorial Health reported $778M in total assets and 6,766 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #16,598 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

North Memorial Health covers 6,766 participants in Minnesota, 6.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $778M.

$778M
total plan assets (2024 EOY)
6,766
covered participants
98th
percentile by assets (of 123,622 plans)
$115,029
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North Memorial Health end-of-year assets rose from $691M in the plan year 2023 filing to $778M in the plan year 2024 filing.
  • North Memorial Health reported participants rose from 6,291 in the plan year 2023 filing to 6,766 in the plan year 2024 filing.
  • North Memorial Health reported net income fell from $91M in the plan year 2023 filing to $87M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. North Memorial Health reports 6,766 participants - 6.0x that state average ($778M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$691M
Net Assets (End of Year)$778M
Net Income$87M
Employer EIN410729979
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Memorial Health Care)

$400M$500M$600M$700M$800M$900M 202220232024 $523M $778M ▲ +48.9%
Total plan assets by year, all North Memorial Health Care plans on file
Year Plans Participants Total Assets
2022 2 4,484 $523M
2023 2 6,450 $696M
2024 1 6,766 $778M

Nearby 401(k) Plans in Minnesota

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

North Memorial Health vs. nearby 401(k) plans in Minnesota, assets vs. participants

North Memorial Health vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants North Memorial HealthWells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
North Memorial Health vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for North Memorial Health

North Memorial Health reports $778M in end-of-year assets across 6,766 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $115,029 per participant (83% of the national average assets-per-participant) . Net income for plan year 2024 was $87M.

This plan identity (EIN 410729979, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $482M to $778M (+61.4%) while covered participants moved from 4,295 to 6,766 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,295 $482M Open filing
2023 6,291 $691M Open filing
2024 · index core 6,766 $778M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to North Memorial Health by total assets, not by location.

Frequently Asked Questions

How did North Memorial Health assets move in 2024?
North Memorial Health grew at a solid clip - up 12.6% during 2024, from $691M to $778M. Reported net income was $87M.
How have North Memorial Health Care plan assets changed over time?
Across 3 plan years on file (2022-2024), North Memorial Health Care's sponsor-wide assets grew 48.9%, from $523M to $778M.
Where does North Memorial Health rank by assets among Form 5500 filers?
North Memorial Health ranks in the 98th 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 North Memorial Health?
Among 401(k) plans in other states, the closest by assets is Sheetz, Inc. 401(k) Retirement Plan in PA ($778M, 17,459 participants).

Filing takeaways

Ways to act on North Memorial Health's numbers.