401(k) · DOL Form 5500 · 2022

Lakeland Regional Health System 401(k) Plan

Data updated 2026-08-11

$249M
Total assets
3,620
Participants
96th
Percentile by assets
$68,840
Avg per participant
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Official DOL plan name: Lakeland Regional Health System Retirement Plan · Sponsored by Lakeland Regional Health System · Michigan · Healthcare & Social Assistance

$249M in assets, 3,620 participants

Lakeland Regional Health System's Lakeland Regional Health System Retirement Plan reported $249M in total assets and 3,620 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,405 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Lakeland Regional Health System Retirement Plan covers 3,620 participants in Michigan, 5.7x the typical Michigan plan (state average ~638 per filing). Assets: $249M.

$249M
total plan assets (2022 EOY)
3,620
covered participants
96th
percentile by assets (of 139,126 plans)
$68,840
avg assets per participant

The plan reported a net loss of $95M 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. Lakeland Regional Health System Retirement Plan reports 3,620 participants - 5.7x that state average ($249M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$344M
Net Assets (End of Year)$249M
Net Income-$95M
Employer EIN382609624
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakeland Regional Health System)

$-100M$0M$100M$200M$300M 20222023 $249M $0M ▼ -100.0%
Total plan assets by year, all Lakeland Regional Health System plans on file
Year Plans Participants Total Assets
2022 1 3,620 $249M
2023 1 6 N/A

Nearby 401(k) Plans in Michigan

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

Lakeland Regional Health System Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Lakeland Regional Health System Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -505101520 Total assets ($B) Participants Lakeland Regional He…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Lakeland Regional Health System Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lakeland Regional Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lakeland Regional Health System Retirement Plan assets move in 2022?
Lakeland Regional Health System Retirement Plan declined sharply - down 27.6% during 2022, from $344M to $249M. Reported net income was -$95M.
Where does Lakeland Regional Health System Retirement Plan rank by assets among Form 5500 filers?
Lakeland Regional Health System Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lakeland Regional Health System Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Prestige Employee Administrators Retirement Savings Plan in NY ($249M, 5,779 participants).

Next read for Lakeland Regional Health System Retireme…

Filing takeaways

Ways to act on Lakeland Regional Health System Retirement Plan's numbers.

  • By total assets, Lakeland Regional Health System Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans