Employer · plans filed under one EIN
Metropolitan Anesthesia Network, LLP
Plymouth, MN · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Metropolitan Anesthesia Network, LLP, based in Plymouth, Minnesota, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 803 participant records and $397M in net assets.
The largest is Metropolitan Anesthesia Network Profit Sharing Plan, a 401(k) plan with 685 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $18.8M and participant contributions $10.2M in the latest plan years; benefits paid were $23.6M. Schedule C compensation reported to service provider organisations totalled $298K.
Combined net assets moved from $67.8M in 2009 to $397M in 2024 (up 486%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Metropolitan Anesthesia Network Profit Sharing Plan | 401(k) plan | 2024 | 685 | $391M | $570,970 | $23,815 | $298K |
| Metropolitan Anesthesia Network, LLP Cash Balance Plan | cash balance pension plan | 2024 | 118 | $5.7M | $48,364 | $48,220 | $0 |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 803 | $397M | $18.8M | $10.2M |
| 2023 | 1 | 660 | $330M | $12.6M | $9.8M |
| 2022 | 1 | 638 | $274M | $11.1M | $9.0M |
| 2021 | 1 | 601 | $333M | $7.4M | $6.4M |
| 2020 | 1 | 384 | $164M | $5.2M | $4.4M |
| 2019 | 1 | 241 | $145M | $3.9M | $3.0M |
| 2018 | 1 | 222 | $125M | $3.8M | $2.9M |
| 2017 | 1 | 223 | $126M | $3.6M | $2.7M |
| 2016 | 1 | 212 | $114M | $3.2M | $2.4M |
| 2015 | 1 | 153 | $105M | $3.0M | $1.9M |
| 2014 | 1 | 152 | $105M | $2.9M | $1.8M |
| 2013 | 1 | 143 | $97.8M | $2.8M | $1.8M |
| 2012 | 1 | 145 | $88.8M | $2.7M | $1.8M |
| 2011 | 1 | 143 | $79.2M | $2.6M | $1.7M |
| 2010 | 1 | 138 | $76.0M | $2.5M | $1.5M |
| 2009 | 1 | 138 | $67.8M | $2.5M | $1.5M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Punch & Assoc Investment Manag | Investment advisory (participants) | 1 | $115,046 |
| Schwab Retirement Plan Services,inc | Recordkeeping and information management; Investment advisory (participants) | 1 | $45,137 |
| Advanced Capital Group Inc. | Investment advisory (participants) | 1 | $31,170 |
| Murphy Pohlad Asset Management | Investment advisory (participants) | 1 | $16,997 |
| Intellicents Investment | Investment advisory (participants) | 1 | $16,860 |
| Kovitz Investment Group Partne | Investment advisory (participants) | 1 | $16,215 |
| Bannerstone Capital Management | Investment advisory (participants) | 1 | $15,407 |
| Compass Capital Management Inc. | Investment advisory (participants) | 1 | $13,605 |
| Guardian Wealth Advisors LLC | Investment advisory (participants) | 1 | $9,710 |
| Cahill Financial Advisors Inc. | Investment advisory (participants) | 1 | $6,338 |
| Charles Schwab & Co., Inc. | Securities brokerage | 1 | $5,887 |
| GHP Investment Advisors Inc. | Investment advisory (participants) | 1 | $5,675 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Metropolitan Anesthesia Network, LLP have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Metropolitan Anesthesia Network Profit Sharing Plan and Metropolitan Anesthesia Network, LLP Cash Balance Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Metropolitan Anesthesia Network, LLP contribute to its plans?
$18,835,388 in employer contributions across these plans in their latest plan years, about $28,071 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Punch & Assoc Investment Manag, Schwab Retirement Plan Services,inc, Advanced Capital Group Inc. and Murphy Pohlad Asset Management and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.