Minnesota › Health care and social assistance › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Allina Health Pension Plan for Collectively Bargained Employees
Sponsored by Allina Health System, Minneapolis, MN
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Allina Health System of Minneapolis, Minnesota sponsors Allina Health Pension Plan for Collectively Bargained Employees, a cash balance pension plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 454 participants (386 active) and $16.0M in net assets.
Net assets came to $38,540 per participant in plan year 2024, well below the $87,254 median for defined benefit plans with 250 to 499 participants and well below the $62,049 median for defined benefit plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $132K: $290 per participant, close to the same-size median of $413. Administrative expenses charged to the plan were $180K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $8.8M in 2013 to $16.0M in 2025 (up 81%), and participants from 266 to 454 (up 71%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $38,540 | $87,254 | $62,049 | $86,221 |
| Employer contributions per active participant | $6,311 | $11,032 | $7,491 | $10,244 |
| Schedule C compensation per participant | $422 | $413 | $248 | $344 |
| Schedule C compensation, share of net assets | 1.1% | 0.51% | 0.39% | 0.42% |
| Administrative expenses per participant | $521 | $596 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 250 to 499 participants (873 plans), health care and social assistance (542) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 454 | $16.0M | $35,218 | — | — | $132K |
| 2024 | 411 | $15.8M | $38,540 | $2.2M | — | $173K |
| 2023 | 404 | $14.7M | $36,475 | $2.1M | — | $127K |
| 2022 | 378 | $12.7M | $33,646 | — | — | $91K |
| 2021 | 376 | $15.6M | $41,394 | — | — | $73K |
| 2020 | 363 | $15.1M | $41,466 | $1.1M | — | $91K |
| 2019 | 353 | $13.9M | $39,490 | $0 | — | $85K |
| 2018 | 373 | $12.8M | $34,367 | $1.4M | — | $53K |
| 2017 | 314 | $12.4M | $39,411 | $692K | — | $47K |
| 2016 | 306 | $11.3M | $36,977 | $822K | — | $52K |
| 2015 | 302 | $10.4M | $34,497 | $1.4M | — | $40K |
| 2014 | 277 | $9.3M | $33,484 | $615K | — | $45K |
| 2013 | 266 | $8.8M | $33,162 | $416K | — | $43K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$15,840,006
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$1,572,413
- Benefits paid$1,244,145
- Administrative expenses$179,508
- Total expenses$1,423,653
- Net income$148,760
- Net transfers$0
- Net assets, end of year$15,988,766
Participants
- Active participants386
- Retired or separated, receiving benefits7
- Retired or separated, entitled to future benefits61
- Total participants, end of year454
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| McGriff, a Marsh & McLennan Company | Actuarial; Consulting (pension) | $112,353 | $0 |
| Truist Bank (Fka Branch Banking) | Trustee (bank, trust company, or similar financial institution) | $11,204 | $0 |
| OneDigital Investment Advisors LLC | Investment advisory (plan) | $8,250 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Actuarial fees$112,353
- Other administrative expenses$47,701
- Trustee and custodial fees$11,204
- Investment advisory and management fees$8,250
- Total administrative expenses$179,508
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$14.3M · 89.6%
- Cash (interest and non-interest bearing)$1.7M · 10.4%
- Receivables$4,117 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCliftonLarsonAllen LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1CCash balance or similar plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Allina Health System
| Plan | Participants | Net assets |
|---|---|---|
| Allina 401(k) Retirement Savings Plan | 37,565 | $4.11B |
| Allina 403(b) Retirement Savings Plan | 9,684 | $913M |
| Defined Benefit Pension Plan of Courage Center | 706 | $27.2M |
Similar plans in Minnesota
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Lakeview Memorial Hospital Association, Inc. Employees' Pension Plan | Lakeview Memorial Hospital Association, Inc. | 497 | $75.6M | $152,031 |
| Agiliti Health Inc. Employees' Pension Plan | Agiliti Health, Inc. | 435 | $21.9M | $50,451 |
| Children's Minnesota RSVP Plan II | Childrens Hospitals and Clinics of Minnesota | 606 | $23.3M | $38,503 |
| Retirement Plan for Employees of Range Regional Health Services | Range Regional Health Services | 388 | $51.3M | $132,247 |
| Mayo Clinic Methodist Hospital Hourly Employees' Pension Plan | Mayo Clinic Hospital - Rochester | 669 | $44.2M | $66,110 |
| Restated Retirement Plan for Employees of Miller- Dwan Medical Center | SMDC Medical Center | 298 | $16.1M | $54,168 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Allina Health Pension Plan for Collectively Bargained Employees?
454 participants at the end of the plan year ending 31 Dec 2025, of whom 386 were active employees, with net assets of $15,988,766. Among defined benefit plans that places it in the 250 to 499 participants band, which held 873 plans in plan year 2024.
What does Allina Health System contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $131,807 in compensation to service provider organisations, $290 per participant or 0.82% of net assets. The same-size median among plans reporting any Schedule C compensation was $413 per participant. Administrative expenses on Schedule H were $179,508. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Allina Health System. Investment advisory or management: OneDigital Investment Advisors LLC. Trustee or custodian: Truist Bank (Fka Branch Banking). The financial statements were audited by CliftonLarsonAllen LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 29 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 36-3261413, plan 011, received 29 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.