Essentia Health 401(k) Plan: Login, Facts & Contact Information

Essentia Health 401(k) Plan Facts

Plan name
ESSENTIA HEALTH RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ESSENTIA HEALTH
Participants
20,185 (16,170 active employees)
Former employees with a balance
3,820
Plan assets
$2,188,657,045 at Dec 31, 2024
Average account balance
$111,354 across 19,655 accounts
Employer contributions
$58,260,166 in plan year 2024 (33% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 22, 1965
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $177.8 million went into the plan in contributions, $58.3 million of it from the employer (33%).
  • $191.0 million was paid out to participants.
  • Investment and other income added $256.6 million.
  • Administrative expenses were $1.32 million, about $67 per account.

How the Essentia Health 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201919,063$1.56 billion$43.1 million$110.6 million
202019,397$1.70 billion$41.9 million$221.7 million
202118,855$1.90 billion$45.3 million$161.5 million
202218,774$1.61 billion$49.3 million$123.4 million
202319,726$1.95 billion$53.0 million$136.2 million
202420,185$2.19 billion$58.3 million$191.0 million

Essentia Health 401(k) Contact Information

Phone
218-786-4468
Mailing address
407 EAST 3RD STREET, DULUTH MN 55805
Plan sponsor
ESSENTIA HEALTH
Employer identification number (EIN)
20-0360007
Plan number
002

Questions about the Essentia Health 401(k)

Does Essentia Health contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $58.3 million, 33% of all contributions.

Does the Essentia Health 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Essentia Health 401(k) plan?

20,185 participants at the start of plan year 2024, 16,170 of them active employees, and 3,820 former employees who still had money in the plan.

What is the average 401(k) balance at Essentia Health?

About $111,354 per account: $2.19 billion in plan assets across 19,655 accounts with a balance at the end of plan year 2024.

Who manages the Essentia Health 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Essentia Health. How do I access my 401(k)?

Your account stays with Empower 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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