401(k) · DOL Form 5500 · 2022

Lakeland Mental Health Center, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
160
Participants Small participant base
76th
Percentile by assets National rank
$111,701
Avg per participant Below avg balance/head
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Official DOL plan name: Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · Sponsored by Lakeland Mental Health Center, Inc. · Minnesota · Healthcare & Social Assistance

$18M in assets, 160 participants

Lakeland Mental Health Center, Inc.'s Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported $18M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #15,961 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan covers 160 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

#15,961
in Healthcare & Social Assistance (20,060 peers)
-21.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's outsized position by total assets

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs every filed plan by assets

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

$17,872,161 Top 24% higher than 76% 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

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus 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. Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan sits mid-pack in the medium band (160 participants).

DOL schedule card

Filing strip 410843966 · Lakeland Mental Health Center, Inc. PY 2022 · 401(k)

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · $18M · 160 · 76th

  • SCH $18M
  • SCH 160
  • SCH 76th
  • SCH 401(k)
  • SCH near The Cutter Team 401(k) Retirement Savings Plan (003)
  • SCH ind #15961

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 →

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan in the asset neighbourhood

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus PlanLakeland Mental Health Cente…$18MThe Cutter Team 401(k) Retirement Savings Plan (003)The Cutter Team 401(k) Retir…$18MNew England Dermatology, P.C. 401(k) Plan and TrustNew England Dermatology, P.C…$18MPreferred Utilities Manufacturing Corporation 401(k) Profit Sharing PlanPreferred Utilities Manufact…$18MPeacehealth Medical Group 401(k) Profit Sharing PlanPeacehealth Medical Group 40…$18M
End-of-year total assets ($M) among Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$18M
Net Income-$5M
Employer EIN410843966
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakeland Mental Health Center, Inc.)

Sponsor-wide plan assets over time

All Lakeland Mental Health Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 25.281850359338193% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.9M $22.4M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 160 $18M
2023 1 164 $21M
2024 1 162 $22M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan, Total assets ($B): 0.017872161 · Participants: 160Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan side-by-side with 3 peers →

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Cutter Team 401(k) Retirement Savings Plan (003) in HI ($18M); by covered participants it is Apple Care, LLC 401(k) Plan in GA (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan assets move in 2022? ▼
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan declined sharply - down 21.1% during 2022, from $23M to $18M. Reported net income was -$5M.
How have Lakeland Mental Health Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lakeland Mental Health Center, Inc.'s sponsor-wide assets grew 25.3%, from $18M to $22M.
Where does Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan rank by assets among Form 5500 filers? ▼
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan ranks in the 76th 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 401(k) plans are similar in size to Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Cutter Team 401(k) Retirement Savings Plan (003) in HI ($18M, 158 participants).
Which 401(k) plans cover a similar participant headcount to Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apple Care, LLC 401(k) Plan in GA (160 participants, N/A 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 410843966.

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.