Profit Sharing · DOL Form 5500 · 2023

Firelands Regional Health System Profit Sharing Plan

Data updated 2026-08-11

$60M
Total assets
1,731
Participants
87th
Percentile by assets
$34,451
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Firelands Regional Health System 401(k) Plan · Sponsored by Firelands Regional Health System · Ohio · Healthcare & Social Assistance

$60M in assets, 1,731 participants

Firelands Regional Health System's Firelands Regional Health System 401(k) Plan reported $60M in total assets and 1,731 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 127,072 plans)
  • #15,773 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Firelands Regional Health System 401(k) Plan covers 1,731 participants in Ohio, 2.3x the typical Ohio plan (state average ~765 per filing). Assets: $60M.

$60M
total plan assets (2023 EOY)
1,731
covered participants
87th
percentile by assets (of 127,072 plans)
$34,451
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Firelands Regional Health System 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Firelands Regional Health System 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $60M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Firelands Regional Health System 401(k) Plan reports 1,731 participants - 2.3x that state average ($60M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$60M
Net Income$12M
Employer EIN344428218
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firelands Regional Health System)

$140M$160M$180M$200M$220M 202220232024 $180M $150M ▼ -16.5%
Total plan assets by year, all Firelands Regional Health System plans on file
Year Plans Participants Total Assets
2022 3 3,671 $180M
2023 3 3,340 $205M
2024 2 1,486 $150M

Nearby Profit Sharing Plans in Ohio

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

Firelands Regional Health System 401(k) Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Firelands Regional Health System 401(k) Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Firelands Regional H…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Firelands Regional Health System 401(k) Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Firelands Regional Health System 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Firelands Regional Health System 401(k) Plan assets move in 2023?
Firelands Regional Health System 401(k) Plan grew sharply - up 25.0% during 2023, from $48M to $60M. Reported net income was $12M.
How have Firelands Regional Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Firelands Regional Health System's sponsor-wide assets declined 16.5%, from $180M to $150M.
Where does Firelands Regional Health System 401(k) Plan rank by assets among Form 5500 filers?
Firelands Regional Health System 401(k) Plan ranks in the 87th 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 Profit Sharing plans are similar in size to Firelands Regional Health System 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Iec Retirement Plan in MA ($60M, 96 participants).

Next read for Firelands Regional Health System 401(k) …

Filing takeaways

Ways to act on Firelands Regional Health System 401(k) Plan's numbers.