401(k) · DOL Form 5500 · 2023

Lima Memorial Health System 401(k) Plan

Data updated 2026-08-25

$110M
Total assets Near avg plan size
1,523
Participants Near avg headcount
92nd
Percentile by assets National rank
$72,103
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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

$110M in assets, 1,523 participants

Lima Memorial Health System's Lima Memorial Health System 401(k) Plan reported $110M in total assets and 1,523 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,432 in Healthcare & Social Assistance (17,684 peers)

Where Lima Memorial Health System 401(k) Plan sits by assets

Lima Memorial Health System 401(k) Plan sits in the top 10% of all filed plans by assets, $110M for 1,523 participants (~$72,103/participant), up 23.7% in 2023.

#16,432
in Healthcare & Social Assistance (17,684 peers)
+23.7%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Lima Memorial Health System 401(k) Plan's outsized position by total assets

Lima Memorial Health System 401(k) Plan vs every filed plan by assets

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

$109,813,556 Top 8% higher than 92% 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

Lima Memorial Health System 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lima Memorial Health System 401(k) Plan lands in the large band (1,523 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lima Memorial Health System 401(k) Plan reported net income rose from -$21M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Lima Memorial Health System 401(k) Plan end-of-year assets rose from $89M in the plan year 2022 filing to $110M in the plan year 2023 filing.
  • Lima Memorial Health System 401(k) Plan reported participants rose from 1,456 in the plan year 2022 filing to 1,523 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 341883284 · Lima Memorial Health System PY 2023 · 401(k)

Lima Memorial Health System 401(k) Plan · $110M · 1,523 · 92nd

  • SCH $110M
  • SCH 1,523
  • SCH 92nd
  • SCH 401(k)
  • SCH near Downs Rachlin Martin Retirement Plan
  • SCH ind #16432

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 Ohio →

Lima Memorial Health System 401(k) Plan in the asset neighbourhood

Heffernan Insurance Brokers 401(k) PlanHeffernan Insurance Brokers …$110MManson Construction Co. Non-Craft Retirement PlanManson Construction Co. Non-…$110MLima Memorial Health System 401(k) PlanLima Memorial Health System …$110MDowns Rachlin Martin Retirement PlanDowns Rachlin Martin Retirem…$110MFlex Technology Group 401(k) Profit Sharing Plan and TrustFlex Technology Group 401(k)…$110M
End-of-year total assets ($M) among Lima Memorial Health System 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$110M
Net Income$21M
Employer EIN341883284
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lima Memorial Health System)

Sponsor-wide plan assets over time

All Lima Memorial Health System plans reported in each filing year

Latest sponsor-wide plan assets
$126M 42.4043479576227% vs 2022
2024 filing year
$80M$100M$120M$140M 202220232024 $88.8M $126M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 1,456 $89M
2023 1 1,523 $110M
2024 1 1,507 $126M

Nearby 401(k) Plans in Ohio

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

Lima Memorial Health System 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Lima Memorial Health System 401(k) Plan, Total assets ($B): 0.109813556 · Participants: 1523Lima Memorial Health System 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Lima Memorial Health System 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Lima Memorial Health System 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Downs Rachlin Martin Retirement Plan in VT ($110M); by covered participants it is The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust in TX (1,523 participants). Same-state nearby plans are listed separately above.

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 Lima Memorial Health System 401(k) Plan assets move in 2023?
Lima Memorial Health System 401(k) Plan grew sharply - up 23.7% during 2023, from $89M to $110M. Reported net income was $21M.
How have Lima Memorial Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Lima Memorial Health System's sponsor-wide assets grew 42.4%, from $89M to $126M.
Where does Lima Memorial Health System 401(k) Plan rank by assets among Form 5500 filers?
Lima Memorial Health System 401(k) Plan ranks in the 92nd 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 Lima Memorial Health System 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Downs Rachlin Martin Retirement Plan in VT ($110M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Lima Memorial Health System 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust in TX (1,523 participants, $320M in assets).