Profit Sharing · DOL Form 5500 · 2022

Solheim Lutheran Home Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
176
Participants
57th
Percentile by assets
$39,453
Avg per participant
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Official DOL plan name: Solheim Lutheran Home 403(b) Retirement Plan · Sponsored by Solheim Lutheran Home · California · Healthcare & Social Assistance

$7M in assets, 176 participants

Solheim Lutheran Home's Solheim Lutheran Home 403(b) Retirement Plan reported $7M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 139,126 plans)
  • #12,691 in Healthcare & Social Assistance (20,060 peers)

Coverage in California

Solheim Lutheran Home 403(b) Retirement Plan covers 176 participants in California, about 28% of the average California filer (state average ~630 per filing). Assets: $7M.

$7M
total plan assets (2022 EOY)
176
covered participants
57th
percentile by assets (of 139,126 plans)
$39,453
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Solheim Lutheran Home 403(b) Retirement Plan sits by total assets

Solheim Lutheran Home 403(b) Retirement Plan vs every filed plan by assets

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

$6,943,696 Top 43% higher than 57% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Solheim Lutheran Home 403(b) Retirement Plan reports 176 participants - about 28% of that state average ($7M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$7M
Net Income-$4M
Employer EIN951643384
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solheim Lutheran Home)

$6.8M$7M$7.2M$7.4M$7.6M 202220232024 $6.94M $7.53M ▲ +8.5%
Total plan assets by year, all Solheim Lutheran Home plans on file
Year Plans Participants Total Assets
2022 1 176 $7M
2023 1 134 $7M
2024 1 158 $8M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Solheim Lutheran Home 403(b) Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Solheim Lutheran Hom…, Total assets ($B): 0.006943696 · Participants: 176Solheim Lutheran Hom…Intel Retirement Con…, Total assets ($B): 6.922537047 · Participants: 22216Intel Retirement Con…Scpmg Keogh Plan, Total assets ($B): 5.599096297 · Participants: 9727Scpmg Keogh PlanMotion Picture Indus…, Total assets ($B): 5.566886773 · Participants: 67173Motion Picture Indus…Memorialcare Retirem…, Total assets ($B): 1.163824 · Participants: 5104Memorialcare Retirem…Cedars-Sinai Health …, Total assets ($B): 0.797223577 · Participants: 11344Cedars-Sinai Health …
Solheim Lutheran Home 403(b) Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Solheim Lutheran Home 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Solheim Lutheran Home 403(b) Retirement Plan assets move in 2022?
Solheim Lutheran Home 403(b) Retirement Plan contracted severely - down 34.8% during 2022, from $11M to $7M. Reported net income was -$4M.
How have Solheim Lutheran Home plan assets changed over time?
Across 3 plan years on file (2022-2024), Solheim Lutheran Home's sponsor-wide assets grew 8.4%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Solheim Lutheran Home 403(b) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Duplin Wine Cellars, Inc 401(k) Plan in NC ($7M, 135 participants).

Next read for Solheim Lutheran Home 403(b) Retirement …

Filing takeaways

Ways to act on Solheim Lutheran Home 403(b) Retirement Plan's numbers.