Plan Snapshot
- Plan Sponsor: Allina Health System
- Sponsor EIN: 363261413
- Sponsor Address: PO BOX 1469, MINNEAPOLIS, MN, 554401469
- Plan Type: 401(k)
- Total Participants: 28,274
- Total Assets: $3.5B
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. |
|---|---|---|---|---|
| 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 | Recordkeeper | $1,952,882 | — | $1,952,882 |
| PROMANAGE | Other Service Provider | $720,006 | — | $720,006 |
| FAGRE DRINKER BIDDLE & REATH LLP | ERISA Attorney | $21,878 | — | $21,878 |
| MERCER INVESTMENTS LLC | Other Service Provider | $20,757 | — | $20,757 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- FAGRE DRINKER BIDDLE & REATH LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,715,523
- Estimated Expense Ratio: 0.077% 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 |
|---|---|---|---|---|---|
| 2024 | $2,715,970 | $741,210 | — | — | — |
| 2023 | $2,628,852 | $778,492 | $81,111 | — | — |
| 2022 | $2,532,690 | $2,532,120 | $570 | — | — |