401(k) · DOL Form 5500 · 2023

Lakewood Health System 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
788
Participants Near avg headcount
89th
Percentile by assets National rank
$93,855
Avg per participant Below avg balance/head
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Official DOL plan name: Lakewood Health System 401(k) Plan · Sponsored by Lakewood Health System · Minnesota · Healthcare & Social Assistance

$74M in assets, 788 participants

Lakewood Health System's Lakewood Health System 401(k) Plan reported $74M in total assets and 788 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #16,025 in Healthcare & Social Assistance (17,684 peers)

Where Lakewood Health System 401(k) Plan sits by assets

Lakewood Health System 401(k) Plan sits in the top quartile of all filed plans by assets, $74M for 788 participants (~$93,855/participant), up 10.6% in 2023.

#16,025
in Healthcare & Social Assistance (17,684 peers)
+10.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

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

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

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

$73,957,462 Top 11% higher than 89% 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

Lakewood Health System 401(k) 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. Lakewood Health System 401(k) Plan sits mid-pack in the medium band (788 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lakewood Health System 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Lakewood Health System 401(k) Plan end-of-year assets rose from $67M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • Lakewood Health System 401(k) Plan reported participants rose from 748 in the plan year 2022 filing to 788 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411842965 · Lakewood Health System PY 2023 · 401(k)

Lakewood Health System 401(k) Plan · $74M · 788 · 89th

  • PCT $74M
  • PCT 788
  • PCT 89th
  • PCT 401(k)
  • PCT near Niantic, Inc. 401(k) Plan
  • PCT ind #16025

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 →

Lakewood Health System 401(k) Plan in the asset neighbourhood

Environmental Science Associates 401(k) PlanEnvironmental Science Associ…$74MLakewood Health System 401(k) PlanLakewood Health System 401(k…$74MNiantic, Inc. 401(k) Plan$74MPeppermill Casinos, Inc. Retirement PlanPeppermill Casinos, Inc. Ret…$74MPcna 401(k) Plan$74M
End-of-year total assets ($M) among Lakewood 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)$67M
Net Assets (End of Year)$74M
Net Income$7M
Employer EIN411842965
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakewood Health System)

Sponsor-wide plan assets over time

All Lakewood Health System plans reported in each filing year

Latest sponsor-wide plan assets
$78M 17.26587480894717% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.9M $78.4M ▲ +17.3%
Year Plans Participants Total Assets
2022 1 748 $67M
2023 1 788 $74M
2024 1 816 $78M

Nearby 401(k) Plans in Minnesota

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

Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lakewood Health System 401(k) Plan, Total assets ($B): 0.073957462 · Participants: 788Lakewood Health System 401(k) 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
Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lakewood Health System 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Niantic, Inc. 401(k) Plan in CA ($74M); by covered participants it is John Knox Village Retirement Plan in MO (788 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($74M here).

Similar participant headcount

Nearest other-state filings by covered participants (788 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 Lakewood Health System 401(k) Plan assets move in 2023? ▼
Lakewood Health System 401(k) Plan grew at a solid clip - up 10.6% during 2023, from $67M to $74M. Reported net income was $7M.
How have Lakewood Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lakewood Health System's sponsor-wide assets grew 17.3%, from $67M to $78M.
Where does Lakewood Health System 401(k) Plan rank by assets among Form 5500 filers? ▼
Lakewood Health System 401(k) Plan ranks in the 89th 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 401(k) plans are similar in size to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Niantic, Inc. 401(k) Plan in CA ($74M, 789 participants).
Which 401(k) plans cover a similar participant headcount to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is John Knox Village Retirement Plan in MO (788 participants, $30M 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 411842965.

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.