Other · DOL Form 5500 · 2022

Westfields Hospital Retirement Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
421
Participants Below avg headcount
82nd
Percentile by assets National rank
$68,099
Avg per participant Below avg balance/head
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Official DOL plan name: Westfields Hospital Employee Retirement Plan · Sponsored by Westfields Hospital · Minnesota · Healthcare & Social Assistance

$29M in assets, 421 participants

Westfields Hospital's Westfields Hospital Employee Retirement Plan reported $29M in total assets and 421 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,047 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Westfields Hospital Employee Retirement Plan covers 421 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $29M.

#17,047
in Healthcare & Social Assistance (20,060 peers)
-13.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westfields Hospital Employee Retirement Plan's outsized position by total assets

Westfields Hospital Employee Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$28,669,612 Top 18% higher than 82% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Westfields Hospital Employee Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westfields Hospital Employee Retirement Plan sits mid-pack in the medium band (421 participants).

Plan-year Form 5500 strip

Filing strip 390808442 · Westfields Hospital PY 2022 · Other

Westfields Hospital Employee Retirement Plan · $29M · 421 · 82nd

  • SCH $29M
  • SCH 421
  • SCH 82nd
  • SCH Other
  • SCH near Bancroft School DC Retirement Plan
  • SCH ind #17047

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Westfields Hospital Employee Retirement Plan in the asset neighbourhood

Holy Names University Defined Contribution PlanHoly Names University Define…$29MWestfields Hospital Employee Retirement PlanWestfields Hospital Employee…$29MBancroft School DC Retirement PlanBancroft School DC Retiremen…$29MPact 403(b) Retirement Plan$29MPathfinder International Retirement PlanPathfinder International Ret…$29M
End-of-year total assets ($M) among Westfields Hospital Employee Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$29M
Net Income-$4M
Employer EIN390808442
Plan Effective Date1996-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westfields Hospital)

Sponsor-wide plan assets over time

All Westfields Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$41M 42.43982095048932% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $28.7M $40.8M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 421 $29M
2023 1 447 $35M
2024 1 465 $41M

Nearby Other Plans in Minnesota

Peer Other plans, same state, same plan type, ranked by total assets.

Westfields Hospital Employee Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Westfields Hospital Employee Retirement Plan, Total assets ($B): 0.028669612 · Participants: 421Westfields Hospital Employee Retirement PlanMayo 403(b) Plan, Total assets ($B): 9.453323372 · Participants: 80932Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.739468957 · Participants: 10840Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.691827028 · Participants: 5009Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.583263225 · Participants: 20332Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.358032714 · Participants: 2317University of St. Thomas Retirement Plan
Westfields Hospital Employee Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants
Compare Westfields Hospital Employee Retirement Plan side-by-side with 3 peers →

Westfields Hospital Employee Retirement Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Bancroft School DC Retirement Plan in MA ($29M); by covered participants it is Wsfssh 403(b) Retirement Savings Plan in NY (421 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (421 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westfields Hospital Employee Retirement Plan assets move in 2022? ▼
Westfields Hospital Employee Retirement Plan pulled back noticeably - down 13.5% during 2022, from $33M to $29M. Reported net income was -$4M.
How have Westfields Hospital plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westfields Hospital's sponsor-wide assets grew 42.4%, from $29M to $41M.
Where does Westfields Hospital Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Westfields Hospital Employee Retirement Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Westfields Hospital Employee Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Bancroft School DC Retirement Plan in MA ($29M, 111 participants).
Which Other plans cover a similar participant headcount to Westfields Hospital Employee Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Wsfssh 403(b) Retirement Savings Plan in NY (421 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390808442.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.