401(k)
2022 plan-year 401(k) DOL Form 5500

Lima Memorial Health System 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Lima Memorial Health System · Ohio · Healthcare & Social Assistance

What the 2023 filing shows

Lima Memorial Health System 401(k) Plan holds $89M for 1,456 participants — about $60,978 per participant, down 19.1% over the 2022 plan year.

$89M
total plan assets (2022 EOY)
1,456
covered participants
$60,978
avg assets per participant
-19.1%
assets change YoY

The plan reported a net loss of $21M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$89M
Participants
1,456
State
Industry
Healthcare & Social Assistance

What the Filing Says About Lima Memorial Health System 401(k) Plan

Lima Memorial Health System 401(k) Plan is a 401(k) retirement plan sponsored by Lima Memorial Health System, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $89M in total end-of-year assets and covers 1,456 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 341883284, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $110M at the beginning of 2022 to $89M at year-end — a decline of 19.1%. Net assets (after liabilities) closed the year at $89M, with reported net income of $-20,958,187 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$110M
Total Assets (End of Year)$89M
Net Assets (End of Year)$89M
Net Income$-20,958,187
Plan Type401(k)
Employer EIN341883284
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lima Memorial Health System)

Year Plans Participants Total Assets
2022 1 1,456 $89M
2023 1 1,523 $110M
2024 1 1,507 $126M

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Frequently Asked Questions

How much money is in the Lima Memorial Health System 401(k) Plan?
As of the 2022 Form 5500 filing, Lima Memorial Health System 401(k) Plan holds $89M in total assets with 1,456 participants. It is sponsored by Lima Memorial Health System.
What type of plan is Lima Memorial Health System 401(k) Plan?
Lima Memorial Health System 401(k) Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 341883284.
Who sponsors the Lima Memorial Health System 401(k) Plan?
Lima Memorial Health System 401(k) Plan is sponsored by Lima Memorial Health System, located in Ohio. The sponsor's EIN is 341883284 and the plan operates in the Healthcare & Social Assistance industry.
How did Lima Memorial Health System 401(k) Plan perform in 2022?
Lima Memorial Health System 401(k) Plan declined by 19.1% during 2022, moving from $110M to $89M in total assets. Net income was $-20,958,187.
Where can I find official filings for Lima Memorial Health System 401(k) Plan?
Official Form 5500 filings for Lima Memorial Health System 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341883284 or plan name at efast.dol.gov.
How does Lima Memorial Health System 401(k) Plan compare to other plans?
You can compare Lima Memorial Health System 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 341883284.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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