Other · DOL Form 5500 · 2023

Westfields Hospital Retirement Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
447
Participants Below avg headcount
81st
Percentile by assets National rank
$77,583
Avg per participant Below avg balance/head
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Official DOL plan name: Westfields Hospital Employee Retirement Plan · Sponsored by Westfields Hospital · Minnesota · Healthcare & Social Assistance

$35M in assets, 447 participants

Westfields Hospital's Westfields Hospital Employee Retirement Plan reported $35M in total assets and 447 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #14,861 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Westfields Hospital Employee Retirement Plan covers 447 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $35M.

#14,861
in Healthcare & Social Assistance (17,684 peers)
+21.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Westfields Hospital Employee Retirement Plan's outsized position by total assets

Westfields Hospital Employee Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$34,679,450 Top 19% higher than 81% of 127,068 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 2023

Westfields Hospital Employee Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westfields Hospital Employee Retirement Plan sits mid-pack in the medium band (447 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westfields Hospital Employee Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Westfields Hospital Employee Retirement Plan end-of-year assets rose from $29M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Westfields Hospital Employee Retirement Plan reported participants rose from 421 in the plan year 2022 filing to 447 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 390808442 · Westfields Hospital PY 2023 · Other

Westfields Hospital Employee Retirement Plan · $35M · 447 · 81st

  • EIN $35M
  • EIN 447
  • EIN 81st
  • EIN Other
  • EIN near Anderson Regional Medical Center 403(b) Plan
  • EIN ind #14861

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 →

Westfields Hospital Employee Retirement Plan in the asset neighbourhood

American Water Works Association Defined Contribution Retirement PlanAmerican Water Works Associa…$35MUniversity Clinical, Education and Research Associates Defined Contribution Retirement PlanUniversity Clinical, Educati…$35MWestfields Hospital Employee Retirement PlanWestfields Hospital Employee…$35MAnderson Regional Medical Center 403(b) PlanAnderson Regional Medical Ce…$35MDenver Museum of Nature & Science Retirement PlanDenver Museum of Nature & Sc…$35M
End-of-year total assets ($M) among Westfields Hospital Employee Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$35M
Net Income$6M
Employer EIN390808442
Plan Effective Date1996-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westfields Hospital)

Sponsor-wide plan assets over time

All Westfields Hospital plans reported in each filing year

Latest sponsor-wide plan assets
$41M 42.43982095048932% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $28.7M $40.8M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 421 $29M
2023 1 447 $35M
2024 1 465 $41M

Nearby Other Plans in Minnesota

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

Westfields Hospital Employee Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Westfields Hospital Employee Retirement Plan, Total assets ($B): 0.03467945 · Participants: 447Westfields Hospital Employee Retirement PlanMayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.4224871 · Participants: 2481University of St. Thomas Retirement Plan
Westfields Hospital Employee Retirement Plan vs. nearby Other plans in Minnesota, assets vs. participants
Compare Westfields Hospital Employee Retirement Plan side-by-side with 3 peers →

Westfields Hospital Employee Retirement Plan's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Anderson Regional Medical Center 403(b) Plan in MS ($35M); by covered participants it is Ursinus College Defined Contribution Retirement Plan in PA (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (447 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westfields Hospital Employee Retirement Plan assets move in 2023? ▼
Westfields Hospital Employee Retirement Plan grew sharply - up 21.0% during 2023, from $29M to $35M. Reported net income was $6M.
How have Westfields Hospital plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westfields Hospital's sponsor-wide assets grew 42.4%, from $29M to $41M.
Where does Westfields Hospital Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Westfields Hospital Employee Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Westfields Hospital Employee Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Anderson Regional Medical Center 403(b) Plan in MS ($35M, 1,515 participants).
Which Other plans cover a similar participant headcount to Westfields Hospital Employee Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Ursinus College Defined Contribution Retirement Plan in PA (447 participants, $139M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390808442.

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.