Profit Sharing · DOL Form 5500 · 2022
Beaumont Health Profit Sharing Plan
Data updated 2026-08-11
- $42M
- Total assets
- 1,794
- Participants
- 86th
- Percentile by assets
- $23,341
- Avg per participant
Official DOL plan name: Botsford Hospital Defined Contribution Plan · Sponsored by Beaumont Health · Michigan · Other Services
$42M in assets, 1,794 participants
Beaumont Health's Botsford Hospital Defined Contribution Plan reported $42M in total assets and 1,794 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 139,126 plans)
- #7,861 in Other Services (8,398 peers)
Coverage in Michigan
Botsford Hospital Defined Contribution Plan covers 1,794 participants in Michigan, 2.8x the typical Michigan plan (state average ~638 per filing). Assets: $42M.
- $42M
- total plan assets (2022 EOY)
- 1,794
- covered participants
- 86th
- percentile by assets (of 139,126 plans)
- $23,341
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Botsford Hospital Defined Contribution Plan reports 1,794 participants - 2.8x that state average ($42M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $42M |
| Net Income | -$10M |
| Employer EIN | 381426919 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Beaumont Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,794 | $42M |
| 2023 | 1 | 1,677 | $46M |
| 2024 | 1 | 1,584 | $49M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Botsford Hospital Defined Contribution Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Botsford Hospital Defined Contribution Plan by total assets, not by location.
Frequently Asked Questions
How did Botsford Hospital Defined Contribution Plan assets move in 2022? ▼
How have Beaumont Health plan assets changed over time? ▼
Where does Botsford Hospital Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Botsford Hospital Defined Contribution Plan? ▼
Next read for Botsford Hospital Defined Contribution P…
Filing takeaways
Ways to act on Botsford Hospital Defined Contribution Plan's numbers.
- By total assets, Botsford Hospital Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Beaumont Health's sponsor-wide assets have grown 16.5% since 2022 across 3 plan years on file. More Other Services plans