401(k) · DOL Form 5500 · 2024
Essentia Health 401(k) Plan
Data updated 2026-08-06
- $2.2B
- Total assets
- 15,695
- Participants
- 99th
- Percentile by assets
- $139,449
- Avg per participant
Official DOL plan name: Essentia Health Retirement Plan · Sponsored by Essentia Health · Minnesota · Healthcare & Social Assistance
$2.2B in assets, 15,695 participants
Essentia Health's Essentia Health Retirement Plan reported $2.2B in total assets and 15,695 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 116,472 plans)
- #15,516 in Healthcare & Social Assistance (15,613 peers)
Coverage in Minnesota
Essentia Health Retirement Plan covers 15,695 participants in Minnesota, 14x the typical Minnesota plan (state average ~1,161 per filing). Assets: $2.2B.
- $2.2B
- total plan assets (2024 EOY)
- 15,695
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $139,449
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Essentia Health Retirement Plan reported net income fell from $334M in the plan year 2023 filing to $242M in the plan year 2024 filing.
- Essentia Health Retirement Plan end-of-year assets rose from $1.9B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
- Essentia Health Retirement Plan reported participants rose from 15,491 in the plan year 2023 filing to 15,695 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Essentia Health Retirement Plan reports 15,695 participants - 14x that state average ($2.2B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $2.2B |
| Net Income | $242M |
| Employer EIN | 200360007 |
| Plan Effective Date | 1965-12-22 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Essentia Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,815 | $1.7B |
| 2023 | 2 | 16,711 | $2.0B |
| 2024 | 2 | 16,810 | $2.3B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Essentia Health Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Scale composition for Essentia Health Retirement Plan
Essentia Health Retirement Plan reports $2.2B in end-of-year assets across 15,695 participants (0.019% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.017% of 89,805,449 covered participants) - about $139,449 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2024 was $242M.
This plan identity (EIN 200360007, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.2B (+35.7%) while covered participants moved from 14,444 to 15,695 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,444 | $1.6B | Open filing |
| 2023 | 15,491 | $1.9B | Open filing |
| 2024 · index core | 15,695 | $2.2B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Essentia Health 403(b) Plan (401(k), $90M, 1,115 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Essentia Health Retirement Plan by total assets, not by location.
- Baird Profit Sharing & Savings Plan (WI) $2.2B · 5,148
- American Family 401(k) Plan (WI) $2.2B · 12,720
- Allegis Group, Inc. Retirement Savings Plan One (MD) $2.2B · 24,457
- Hntb Ownership Plan (MO) $2.2B · 6,341
Frequently Asked Questions
How did Essentia Health Retirement Plan assets move in 2024? ▼
How have Essentia Health plan assets changed over time? ▼
Where does Essentia Health Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Essentia Health Retirement Plan? ▼
Next read for Essentia Health Retirement Plan
Filing takeaways
Ways to act on Essentia Health Retirement Plan's numbers.
- By total assets, Essentia Health Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Essentia Health's sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans