Profit Sharing · DOL Form 5500 · 2022

Southwest Louisiana Hospital Association Profit Sharing Plan

Data updated 2026-08-11

$40M
Total assets
2,465
Participants
86th
Percentile by assets
$16,114
Avg per participant
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Official DOL plan name: Lake Charles Memorial Health System Retirement Plan · Sponsored by Southwest Louisiana Hospital Association · Louisiana · Healthcare & Social Assistance

$40M in assets, 2,465 participants

Southwest Louisiana Hospital Association's Lake Charles Memorial Health System Retirement Plan reported $40M in total assets and 2,465 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #17,677 in Healthcare & Social Assistance (20,060 peers)

Coverage in Louisiana

Lake Charles Memorial Health System Retirement Plan covers 2,465 participants in Louisiana, 5.0x the typical Louisiana plan (state average ~495 per filing). Assets: $40M.

$40M
total plan assets (2022 EOY)
2,465
covered participants
86th
percentile by assets (of 139,126 plans)
$16,114
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Lake Charles Memorial Health System Retirement Plan reports 2,465 participants - 5.0x that state average ($40M EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$40M
Net Income-$7M
Employer EIN720551963
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwest Louisiana Hospital Association)

$100M$120M$140M$160M$180M 202220232024 $119M $162M ▲ +35.9%
Total plan assets by year, all Southwest Louisiana Hospital Association plans on file
Year Plans Participants Total Assets
2022 2 4,924 $119M
2023 2 4,320 $139M
2024 2 4,689 $162M

Nearby Profit Sharing Plans in Louisiana

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

Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants

Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000100020003000 01020304050 Total assets ($M) Participants Lake Charles Memoria…Taylor, Porter, Broo…Dillard University 4…Plumbers & Steamfitt…Collegiate Academies…Service Tool Co., LL…
Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Lake Charles Memorial Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lake Charles Memorial Health System Retirement Plan assets move in 2022?
Lake Charles Memorial Health System Retirement Plan pulled back noticeably - down 14.8% during 2022, from $47M to $40M. Reported net income was -$7M.
How have Southwest Louisiana Hospital Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Southwest Louisiana Hospital Association's sponsor-wide assets grew 35.9%, from $119M to $162M.
Where does Lake Charles Memorial Health System Retirement Plan rank by assets among Form 5500 filers?
Lake Charles Memorial Health System Retirement Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Lake Charles Memorial Health System Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Grupo Hima San Pablo, Inc. Affiliates Savings Retirement Plan in PR ($40M, 4,347 participants).

Next read for Lake Charles Memorial Health System Reti…

Filing takeaways

Ways to act on Lake Charles Memorial Health System Retirement Plan's numbers.