Profit Sharing · DOL Form 5500 · 2023

H. B. Magruder Memorial Hospital Profit Sharing Plan

Data updated 2026-08-11

$18M
Total assets
371
Participants
70th
Percentile by assets
$47,897
Avg per participant
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Official DOL plan name: Retirement Plan for Employees of H. B. Magruder Memorial Hospital · Sponsored by H. B. Magruder Memorial Hospital · Ohio · Healthcare & Social Assistance

$18M in assets, 371 participants

H. B. Magruder Memorial Hospital's Retirement Plan for Employees of H. B. Magruder Memorial Hospital reported $18M in total assets and 371 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • 70th percentile by assets (of 127,072 plans)
  • #13,281 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Retirement Plan for Employees of H. B. Magruder Memorial Hospital covers 371 participants in Ohio, about 49% of the average Ohio filer (state average ~765 per filing). Assets: $18M.

$18M
total plan assets (2023 EOY)
371
covered participants
70th
percentile by assets (of 127,072 plans)
$47,897
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan for Employees of H. B. Magruder Memorial Hospital reported net income rose from -$4M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Retirement Plan for Employees of H. B. Magruder Memorial Hospital end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Retirement Plan for Employees of H. B. Magruder Memorial Hospital reported participants fell from 389 in the plan year 2022 filing to 371 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. Retirement Plan for Employees of H. B. Magruder Memorial Hospital reports 371 participants - about 49% of that state average ($18M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$1M
Employer EIN344441792
Plan Effective Date1974-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (H. B. Magruder Memorial Hospital)

$36M$38M$40M$42M$44M 202220232024 $37.1M $41.9M ▲ +12.8%
Total plan assets by year, all H. B. Magruder Memorial Hospital plans on file
Year Plans Participants Total Assets
2022 2 820 $37M
2023 2 780 $40M
2024 2 754 $42M

Nearby Profit Sharing Plans in Ohio

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

Retirement Plan for Employees of H. B. Magruder Memorial Hospital vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Retirement Plan for Employees of H. B. Magruder Memorial Hospital 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 Retirement Plan for …Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Retirement Plan for Employees of H. B. Magruder Memorial Hospital vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Retirement Plan for Employees of H. B. Magruder Memorial Hospital by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Employees of H. B. Magruder Memorial Hospital assets move in 2023?
Retirement Plan for Employees of H. B. Magruder Memorial Hospital grew at a solid clip - up 6.4% during 2023, from $17M to $18M. Reported net income was $1M.
How have H. B. Magruder Memorial Hospital plan assets changed over time?
Across 3 plan years on file (2022-2024), H. B. Magruder Memorial Hospital's sponsor-wide assets grew 12.7%, from $37M to $42M.
Which Profit Sharing plans are similar in size to Retirement Plan for Employees of H. B. Magruder Memorial Hospital?
Among Profit Sharing plans in other states, the closest by assets is Richmond Children's Center, Inc. 403(b) Plan in NY ($18M, 447 participants).

Next read for Retirement Plan for Employees of H. B. M…

Filing takeaways

Ways to act on Retirement Plan for Employees of H. B. Magruder Memorial Hospital's numbers.