401(k) · DOL Form 5500 · 2024
Essentia Health 401(k) Plan
Data updated 2026-08-25
- $2.2B
- Total assets Very large vs avg
- 15,695
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $139,449
- Avg per participant Near avg balance/head
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.
- #16,814 in Healthcare & Social Assistance (16,916 peers)
Coverage in Minnesota
Essentia Health Retirement Plan covers 15,695 participants in Minnesota, 14x the typical Minnesota plan (state average ~1,126 per filing). Assets: $2.2B.
- #16,814
- in Healthcare & Social Assistance (16,916 peers)
- +12.4%
- assets growth YoY
- 22×
- vs typical plan assets (national mean)
Essentia Health Retirement Plan's outsized position by total assets
Essentia Health Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,188,657,045 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Essentia Health Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Essentia Health Retirement Plan is a mega filing (15,695 participants), the rightmost band on the breakdown.
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.
Plan-year Form 5500 strip
Filing strip 200360007 · Essentia Health PY 2024 · 401(k)
Essentia Health Retirement Plan · $2.2B · 15,695 · 99th
- BOY $2.2B
- SCH 15,695
- EBSA 99th
- PART 401(k)
- TYPE near Baird Profit Sharing & Savings Plan
- NET ind #16814
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 →
Essentia Health Retirement Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Essentia Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.3B 34.17601445297837% vs 2022
- 2024 filing year
| 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.
- 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 (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 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)
Essentia Health Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Baird Profit Sharing & Savings Plan in WI ($2.2B); by covered participants it is Hospital Housekeeping Systems 401(k) Benefit Plan in TX (15,679 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.2B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (15,695 participants); asset peers above are excluded.
- Hospital Housekeeping Systems 401(k) Benefit Plan (TX) 15,679 · 16 off
- The Stepping Stones Group Retirement Plan (MA) 15,723 · 28 off
- Highmark Investment Plan (PA) 15,661 · 34 off
- Hitachi Employee 401(k) Retirement Plan (NY) 15,731 · 36 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.