401(k) · DOL Form 5500 · 2023

Lakeland Mental Health Center, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
164
Participants Small participant base
74th
Percentile by assets National rank
$130,563
Avg per participant Near avg balance/head
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Official DOL plan name: Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · Sponsored by Lakeland Mental Health Center, Inc. · Minnesota · Healthcare & Social Assistance

$21M in assets, 164 participants

Lakeland Mental Health Center, Inc.'s Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported $21M in total assets and 164 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #13,805 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan covers 164 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#13,805
in Healthcare & Social Assistance (17,684 peers)
+19.8%
assets growth YoY

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's outsized position by total assets

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs every filed plan by assets

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

$21,412,352 Top 26% higher than 74% 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

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus 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. Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported participants rose from 160 in the plan year 2022 filing to 164 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410843966 · Lakeland Mental Health Center, Inc. PY 2023 · 401(k)

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · $21M · 164 · 74th

  • PCT $21M
  • EIN 164
  • RANK 74th
  • PHOTO 401(k)
  • IND near American Association for Justice 401(k) Profit Sharing Plan
  • EOY ind #13805

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 →

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan in the asset neighbourhood

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus PlanLakeland Mental Health Cente…$21MAmerican Association for Justice 401(k) Profit Sharing PlanAmerican Association for Jus…$21MFiske Brothers Refining Co. 401(k) PlanFiske Brothers Refining Co. …$21MAdvanced Ent and Allergy, PLLC Profit Sharing PlanAdvanced Ent and Allergy, PL…$21MThe Systems Group 401(k) and Profit Sharing PlanThe Systems Group 401(k) and…$21M
End-of-year total assets ($M) among Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN410843966
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakeland Mental Health Center, Inc.)

Sponsor-wide plan assets over time

All Lakeland Mental Health Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 25.281850359338193% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.9M $22.4M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 160 $18M
2023 1 164 $21M
2024 1 162 $22M

Nearby 401(k) Plans in Minnesota

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

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan, Total assets ($B): 0.021412352 · Participants: 164Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan side-by-side with 3 peers →

Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is American Association for Justice 401(k) Profit Sharing Plan in DC ($21M); by covered participants it is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 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 Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan assets move in 2023? ▼
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan grew sharply - up 19.8% during 2023, from $18M to $21M. Reported net income was $4M.
How have Lakeland Mental Health Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lakeland Mental Health Center, Inc.'s sponsor-wide assets grew 25.3%, from $18M to $22M.
Which 401(k) plans are similar in size to Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Association for Justice 401(k) Profit Sharing Plan in DC ($21M, 83 participants).
Which 401(k) plans cover a similar participant headcount to Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Daycon Products Company, Inc. 401(k) Plan in MD (164 participants, N/A 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 410843966.

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.