Avera Health Plans, Inc. 401(k) Plan: Login, Facts & Contact Information

Avera Health Plans, Inc. 401(k) Plan Facts

Plan name
MY 401(K) RETIREMENT PLAN (FORMERLY AVERA HEALTH PROGRAM PENSION PLAN)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AVERA HEALTH PLANS, INC.
Participants
419 (401 active employees)
Former employees with a balance
79
Plan assets
$24,336,146 at Dec 31, 2024
Average account balance
$55,309 across 440 accounts
Employer contributions
$763,451 in plan year 2024 (35% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.16 million went into the plan in contributions, $763,451 of it from the employer (35%).
  • $2.26 million was paid out to participants.
  • Investment and other income added $2.80 million.
  • Administrative expenses were $18,661, about $42 per account.

How the Avera Health Plans, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019320$17.4 million$832,476$1.08 million
2020332$20.1 million$794,879$2.91 million
2021314$23.7 million$848,713$1.59 million
2022316$20.1 million$827,059$1.60 million
2023408$21.7 million$813,168$4.04 million
2024419$24.3 million$763,451$2.26 million

Avera Health Plans, Inc. 401(k) Contact Information

Phone
605-322-4700
Mailing address
3900 WEST AVERA DRIVE, STE 300, SIOUX FALLS SD 57108
Plan sponsor
AVERA HEALTH PLANS, INC.
Employer identification number (EIN)
46-0451539
Plan number
002

Questions about the Avera Health Plans, Inc. 401(k)

Does Avera Health Plans, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $763,451, 35% of all contributions.

Does the Avera Health Plans, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Avera Health Plans, Inc 401(k) plan?

419 participants at the start of plan year 2024, 401 of them active employees, and 79 former employees who still had money in the plan.

What is the average 401(k) balance at Avera Health Plans, Inc?

About $55,309 per account: $24.3 million in plan assets across 440 accounts with a balance at the end of plan year 2024.

Who manages the Avera Health Plans, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Avera Health Plans, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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