Plan Snapshot
- Plan Sponsor: Allina Health System
- Sponsor EIN: 363261413
- Sponsor Address: PO BOX 1469, MINNEAPOLIS, MN, 554401469
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 37,565
- Total Assets: $4.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 37,565 | $4.1B | $0 | $0 |
| 2024 | 28,274 | $3.5B | $91.0M | $205.1M |
| 2023 | 29,592 | $3.2B | $90.6M | $199.9M |
| 2022 | 29,148 | $2.7B | $83.9M | $183.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Other Service Provider | $1,891,410 | — | $1,891,410 |
| PROMANAGE | Other Service Provider | $926,063 | — | $926,063 |
| FAGRE DRINKER BIDDLE & REATH LLP | ERISA Attorney | $104,594 | — | $104,594 |
| MERCER INVESTMENTS LLC | Other Service Provider | $41,511 | — | $41,511 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,963,578
- Estimated Expense Ratio: 0.072% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $312,609,176 | $967,574 | $394 | — | — |
| 2024 | $2,715,970 | $741,210 | — | — | — |
| 2023 | $2,628,852 | $778,492 | $81,111 | — | — |
| 2022 | $2,532,690 | $2,532,120 | $570 | — | — |