Essentia Health Retirement Plan — Form 5500 plan (Essentia Health)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Essentia Health Retirement Plan is a benefit plan reported by Essentia Health under EIN 20-0360007 and plan number 002. The latest loaded filing year is 2023. The filing reports 19,726 participants and $1,947,015,983 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Essentia Health
- EIN
- 20-0360007
- Plan number
- 002
- Plan type
- 2
- Location
- Duluth, MN
- Latest filing year
- 2023
- Participants
- 19,726
- End-of-year plan assets
- $1,947,015,983
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 19,726 | H, C | 20241015141019NAL0028711857001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,947,015,983
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,947,015,983
- Net assets (BOY)
- $1,613,187,260
Income & contributions
- Employer contributions
- $52,981,118
- Participant contributions
- $100,203,741
- Total contributions
- $189,682,143
- Total income / additions
- $471,641,343
Expenses & distributions
- Benefits paid
- $136,157,818
- Administrative expenses
- $1,317,745
- Total expenses
- $137,812,620
- Net increase / (decrease)
- $333,828,723
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $1,104,992 | not reported in the loaded dataset | 2023 |
| Fiducient Advisors LLC | NONE | $166,400 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | NONE | $42,453 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $1,528 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Essentia Health
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Duluth, MN
- Empower Advisory Group, LLC — Schedule C compensation
- Fiducient Advisors LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation