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Employers › Minnesota

Employer · plans filed under one EIN

SMDC Medical Center

Duluth, 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.

$22.0Mnet assets across plans
414participant records99 active
$200Kemployer contributions, latest plan years$2,020 per active record
$49KSchedule C compensation to organisations$118.80 per participant record

SMDC Medical Center, based in Duluth, Minnesota, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 414 participant records and $22.0M in net assets.

The largest is Restated Retirement Plan for Employees of Miller- Dwan Medical Center, a defined benefit pension plan with 298 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 $200K and participant contributions $0 in the latest plan years; benefits paid were $3.2M. Schedule C compensation reported to service provider organisations totalled $49K.

Combined net assets moved from $26.3M in 2009 to $22.0M in 2024 (down 16%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Restated Retirement Plan for Employees of Miller- Dwan Medical Centerdefined benefit pension plan2024298$16.1M$54,168$5,128$49K
Miller-Dwan Medical Center, Inc. Tax-Sheltered Annuity / 403(b) Plan403(b) plan2024116$5.9M$50,687—$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

2009: $26.3M2010: $27.4M2011: $25.9M2012: $26.4M2013: $30.1M2014: $28.4M2015: $25.4M2016: $24.3M2017: $27.2M2018: $24.0M2019: $28.8M2020: $31.7M2021: $32.1M2022: $23.5M2023: $24.0M2024: $22.0M$26.3M$32.1M$22.0M20092012201620202024
Combined net assets
2009: 9732010: 8862011: 8022012: 7832013: 7422014: 6992015: 6602016: 6222017: 5712018: 5502019: 5442020: 5142021: 4772022: 4572023: 4442024: 41497341420092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242414$22.0M$200K$0
20232444$24.0M$200K$0
20222457$23.5M$250K$0
20212477$32.1M$800K$0
20202514$31.7M$1.0M$0
20192544$28.8M$1.5M$0
20182550$24.0M$925K$0
20172571$27.2M$2.0M$0
20162622$24.3M$1.7M$0
20152660$25.4M$463K$0
20142699$28.4M$432K$0
20132742$30.1M$1.4M$0
20122783$26.4M$284K$0
20112802$25.9M$2.3M$0
20102886$27.4M$208K$0
20092973$26.3M$125K$0

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

OrganisationServices reportedPlansCompensation reported
Northern Trust CompanyCustodial (securities); Investment advisory (plan); Other services1$49,183

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Northern Trust Company$49K

Questions and answers

How many retirement plans does SMDC Medical Center have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Restated Retirement Plan for Employees of Miller- Dwan Medical Center and Miller-Dwan Medical Center, Inc. Tax-Sheltered Annuity / 403(b) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does SMDC Medical Center contribute to its plans?

$200,000 in employer contributions across these plans in their latest plan years, about $2,020 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 Northern Trust Company. 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.