401(k) · DOL Form 5500 · 2024

North Memorial Health Care 401(k) Plan

Data updated 2026-08-25

$778M
Total assets Above avg plan size
6,766
Participants Above avg headcount
98th
Percentile by assets National rank
$115,029
Avg per participant Below avg balance/head
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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.

  • #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.

#16,598
in Healthcare & Social Assistance (16,916 peers)
+12.6%
assets growth YoY
7.8×
vs typical plan assets (national mean)

North Memorial Health's outsized position by total assets

North Memorial Health vs every filed plan by assets

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

$778,283,724 Top 2% higher than 98% 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

North Memorial Health'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. North Memorial Health lands in the large band (6,766 participants).

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 →

Plan-year Form 5500 strip

Filing strip 410729979 · North Memorial Health Care PY 2024 · 401(k)

North Memorial Health · $778M · 6,766 · 98th

  • VS-ST $778M
  • VS-ST 6,766
  • VS-ST 98th
  • VS-ST 401(k)
  • VS-ST near Sheetz, Inc. 401(k) Retirement Plan
  • VS-ST ind #16598

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 →

North Memorial Health in the asset neighbourhood

National Instruments 401(k) PlanNational Instruments 401(k) …$779MArcbest 401(k) and DC Retirement PlanArcbest 401(k) and DC Retire…$778MSheetz, Inc. 401(k) Retirement PlanSheetz, Inc. 401(k) Retireme…$778MNorth Memorial Health$778MKph Healthcare Services, Inc. Employee Stock Ownership and 401(k) PlanKph Healthcare Services, Inc…$778M
End-of-year total assets ($M) among North Memorial Health and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All North Memorial Health Care plans reported in each filing year

Latest sponsor-wide plan assets
$778M 48.93227847399774% vs 2022
2024 filing year
$400M$500M$600M$700M$800M$900M 202220232024 $523M $778M ▲ +48.9%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants North Memorial Health, Total assets ($B): 0.778283724 · Participants: 6766North Memorial HealthWells 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
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

North Memorial Health's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Sheetz, Inc. 401(k) Retirement Plan in PA ($778M); by covered participants it is Advance 401(k) Plan in NY (6,761 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($778M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,766 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 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).
Which 401(k) plans cover a similar participant headcount to North Memorial Health? ▼
Among 401(k) plans in other states, the closest by covered participants is Advance 401(k) Plan in NY (6,761 participants, $1.7B in assets).