401(k) · DOL Form 5500 · 2023

Memorial Healthcare 401(k) Plan

Data updated 2026-08-11

$99M
Total assets
1,514
Participants
91st
Percentile by assets
$65,713
Avg per participant
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Official DOL plan name: Memorial Retirement Plan · Sponsored by Memorial Healthcare · Michigan · Healthcare & Social Assistance

$99M in assets, 1,514 participants

Memorial Healthcare's Memorial Retirement Plan reported $99M in total assets and 1,514 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #16,322 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Memorial Retirement Plan covers 1,514 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $99M.

$99M
total plan assets (2023 EOY)
1,514
covered participants
91st
percentile by assets (of 127,072 plans)
$65,713
avg assets per participant

Where Memorial Retirement Plan sits by total assets

Memorial Retirement Plan vs every filed plan by assets

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

$99,488,875 Top 9% higher than 91% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Memorial Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Memorial Retirement Plan end-of-year assets rose from $82M in the plan year 2022 filing to $99M in the plan year 2023 filing.
  • Memorial Retirement Plan reported participants rose from 1,479 in the plan year 2022 filing to 1,514 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Memorial Retirement Plan reports 1,514 participants - 2.4x that state average ($99M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$99M
Net Income$17M
Employer EIN381358208
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memorial Healthcare)

$70M$80M$90M$100M$110M$120M 202220232024 $82.4M $115M ▲ +39.7%
Total plan assets by year, all Memorial Healthcare plans on file
Year Plans Participants Total Assets
2022 1 1,479 $82M
2023 1 1,514 $99M
2024 1 1,464 $115M

Nearby 401(k) Plans in Michigan

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

Memorial Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Memorial Retirement …, Total assets ($B): 0.099488875 · Participants: 1514Memorial Retirement …General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Memorial Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Memorial Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Memorial Retirement Plan assets move in 2023?
Memorial Retirement Plan grew sharply - up 20.8% during 2023, from $82M to $99M. Reported net income was $17M.
How have Memorial Healthcare plan assets changed over time?
Across 3 plan years on file (2022-2024), Memorial Healthcare's sponsor-wide assets grew 39.7%, from $82M to $115M.
Where does Memorial Retirement Plan rank by assets among Form 5500 filers?
Memorial Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Memorial Retirement Plan?
Among 401(k) plans in other states, the closest by assets is William Grant & Sons, Inc. Savings and Investment Plan in NJ ($99M, 302 participants).

Filing takeaways

Ways to act on Memorial Retirement Plan's numbers.