401(k) · DOL Form 5500 · 2022

Lakewood Health System 401(k) Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
748
Participants Near avg headcount
90th
Percentile by assets National rank
$89,406
Avg per participant Below avg balance/head
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Official DOL plan name: Lakewood Health System 401(k) Plan · Sponsored by Lakewood Health System · Minnesota · Healthcare & Social Assistance

$67M in assets, 748 participants

Lakewood Health System's Lakewood Health System 401(k) Plan reported $67M in total assets and 748 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #18,387 in Healthcare & Social Assistance (20,060 peers)

Where Lakewood Health System 401(k) Plan sits by assets

Lakewood Health System 401(k) Plan sits in the top 10% of all filed plans by assets, $67M for 748 participants (~$89,406/participant), down 14.8% in 2022.

#18,387
in Healthcare & Social Assistance (20,060 peers)
-14.8%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lakewood Health System 401(k) Plan's outsized position by total assets

Lakewood Health System 401(k) Plan vs every filed plan by assets

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

$66,875,482 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Lakewood Health System 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lakewood Health System 401(k) Plan sits mid-pack in the medium band (748 participants).

Form 5500 schedule snapshot

Filing strip 411842965 · Lakewood Health System PY 2022 · 401(k)

Lakewood Health System 401(k) Plan · $67M · 748 · 90th

  • NET $67M
  • BOOK 748
  • VS-ST 90th
  • BOY 401(k)
  • SCH near Formica Corporation 401(k) Retirement Savings Plan
  • EBSA ind #18387

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Lakewood Health System 401(k) Plan in the asset neighbourhood

High Liner Foods (USA) 401(k) Savings PlanHigh Liner Foods (USA) 401(k…$67MLakewood Health System 401(k) PlanLakewood Health System 401(k…$67MFormica Corporation 401(k) Retirement Savings PlanFormica Corporation 401(k) R…$67MAnesthesia Associates of Boise 401(k) Salary Savings PlanAnesthesia Associates of Boi…$67MObhg 401(k) Plan$67M
End-of-year total assets ($M) among Lakewood Health System 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$67M
Net Income-$12M
Employer EIN411842965
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakewood Health System)

Sponsor-wide plan assets over time

All Lakewood Health System plans reported in each filing year

Latest sponsor-wide plan assets
$78M 17.26587480894717% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.9M $78.4M ▲ +17.3%
Year Plans Participants Total Assets
2022 1 748 $67M
2023 1 788 $74M
2024 1 816 $78M

Nearby 401(k) Plans in Minnesota

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

Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Lakewood Health System 401(k) Plan, Total assets ($B): 0.066875482 · Participants: 748Lakewood Health System 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lakewood Health System 401(k) Plan side-by-side with 3 peers →

Lakewood Health System 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Formica Corporation 401(k) Retirement Savings Plan in OH ($67M); by covered participants it is Leadventure 401(k) Savings Plan in OR (748 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($67M here).

Similar participant headcount

Nearest other-state filings by covered participants (748 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lakewood Health System 401(k) Plan assets move in 2022? ▼
Lakewood Health System 401(k) Plan pulled back noticeably - down 14.8% during 2022, from $79M to $67M. Reported net income was -$12M.
How have Lakewood Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lakewood Health System's sponsor-wide assets grew 17.3%, from $67M to $78M.
Where does Lakewood Health System 401(k) Plan rank by assets among Form 5500 filers? ▼
Lakewood Health System 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Formica Corporation 401(k) Retirement Savings Plan in OH ($67M, 526 participants).
Which 401(k) plans cover a similar participant headcount to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Leadventure 401(k) Savings Plan in OR (748 participants, $32M in assets).

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 411842965.

Read our methodology - how this data is sourced, computed, and verified.

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