Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

LA RED HEALTH CENTER INC 403(B) PLAN

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

LA RED HEALTH CENTER INC

This Profit Sharing plan holds $2M in total assets and serves 174 participants as of 2022. It is sponsored by LA RED HEALTH CENTER INC in Delaware. The plan reported a net loss of $474K for the year.

Total Assets (2023)
$2M
Participants
174
State
Industry
Healthcare & Social Assistance

What the Filing Says About LA RED HEALTH CENTER INC 403(B) PLAN

LA RED HEALTH CENTER INC 403(B) PLAN is a Profit Sharing retirement plan sponsored by LA RED HEALTH CENTER INC, headquartered in Delaware. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 174 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 141850828, and the plan has been effective since 2008-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $2M at year-end — a decline of 18.6%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-474,268 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)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-474,268
Plan TypeProfit Sharing
Employer EIN141850828
Plan Effective Date2008-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LA RED HEALTH CENTER INC)

Year Plans Participants Total Assets
2022 1 174 $2M
2023 1 167 $3M
2024 1 149 $4M

Nearby Profit Sharing Plans in Delaware

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Frequently Asked Questions

How much money is in the LA RED HEALTH CENTER INC 403(B) PLAN?
As of the 2022 Form 5500 filing, LA RED HEALTH CENTER INC 403(B) PLAN holds $2M in total assets with 174 participants. It is sponsored by LA RED HEALTH CENTER INC.
What type of plan is LA RED HEALTH CENTER INC 403(B) PLAN?
LA RED HEALTH CENTER INC 403(B) PLAN is a Profit Sharing plan. It has been effective since 2008-12-01. The plan is filed with the U.S. Department of Labor under EIN 141850828.
Who sponsors the LA RED HEALTH CENTER INC 403(B) PLAN?
LA RED HEALTH CENTER INC 403(B) PLAN is sponsored by LA RED HEALTH CENTER INC, located in Delaware. The sponsor's EIN is 141850828 and the plan operates in the Healthcare & Social Assistance industry.
How did LA RED HEALTH CENTER INC 403(B) PLAN perform in 2022?
LA RED HEALTH CENTER INC 403(B) PLAN declined by 18.6% during 2022, moving from $3M to $2M in total assets. Net income was $-474,268.
Where can I find official filings for LA RED HEALTH CENTER INC 403(B) PLAN?
Official Form 5500 filings for LA RED HEALTH CENTER INC 403(B) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141850828 or plan name at efast.dol.gov.
How does LA RED HEALTH CENTER INC 403(B) PLAN compare to other plans?
You can compare LA RED HEALTH CENTER INC 403(B) PLAN against other Profit Sharing plans on the plan type page, or view plans in Delaware 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 141850828.

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 official public datasets. See our methodology for details.