401(k) · DOL Form 5500 · 2024

Essential Health 401(k) Plan

Data updated 2026-08-11

$90M
Total assets
1,115
Participants
90th
Percentile by assets
$81,092
Avg per participant
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Official DOL plan name: Essentia Health 403(b) Plan · Sponsored by Essential Health · Minnesota · Healthcare & Social Assistance

$90M in assets, 1,115 participants

Essential Health's Essentia Health 403(b) Plan reported $90M in total assets and 1,115 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 123,622 plans)
  • #15,390 in Healthcare & Social Assistance (16,916 peers)

Where Essentia Health 403(b) Plan sits by assets

Essentia Health 403(b) Plan sits in the top 10% of all filed plans by assets, $90M for 1,115 participants (~$81,092/participant), up 0.2% in 2024.

$90M
total plan assets (2024 EOY)
1,115
covered participants
90th
percentile by assets (of 123,622 plans)
$81,092
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Essentia Health 403(b) Plan reported net income fell from $5M in the plan year 2023 filing to $215K in the plan year 2024 filing.
  • Essentia Health 403(b) Plan reported participants fell from 1,220 in the plan year 2023 filing to 1,115 in the plan year 2024 filing.
  • Essentia Health 403(b) Plan end-of-year assets rose from $90M in the plan year 2023 filing to $90M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Essentia Health 403(b) Plan vs the 2024 asset distribution

By assets, Essentia Health 403(b) Plan outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$90M
Net Income$215K
Employer EIN200360007
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Essential Health)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.7B $2.28B ▲ +34.1%
Total plan assets by year, all Essential Health plans on file
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 403(b) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Essentia Health 403(b) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Essentia Health 403(…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Essentia Health 403(b) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Essentia Health 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Essentia Health 403(b) Plan assets move in 2024?
Essentia Health 403(b) Plan held essentially flat - up 0.2% during 2024, from $90M to $90M. Reported net income was $215K.
How have Essential Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Essential Health's sponsor-wide assets grew 34.2%, from $1.7B to $2.3B.
Where does Essentia Health 403(b) Plan rank by assets among Form 5500 filers?
Essentia Health 403(b) Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Essentia Health 403(b) Plan?
Among 401(k) plans in other states, the closest by assets is Ventas, Inc. 401(k) Profit Sharing Plan in IL ($90M, 489 participants).

Scale reading

Ways to act on Essentia Health 403(b) Plan's numbers.