Hays Medical Center Employee's Pension Plan

Money Purchase · DOL Form 5500 · 2023

What the Filing Says About Hays Medical Center Employee's Pension Plan

Hays Medical Center Employee's Pension Plan is a Money Purchase retirement plan sponsored by Hays Medical Center, headquartered in Kansas. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $88M in total end-of-year assets and covers 1,239 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 480559088, and the plan has been effective since 1971-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $77M at the beginning of 2023 to $88M at year-end - up 13.5%. Net assets (after liabilities) closed the year at $88M, with reported net income of $10M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Hays Medical Center has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $167M to $212M, a gain of 27.0%, while reported participants moved from 3,496 to 2,791 (-20.2%). The strongest year on file by total sponsor assets was 2024 at $212M; the softest was 2022 at $167M. Year-by-year, sponsor-wide filings show: 2022 - $167M in assets across 2 plans covering 3,496 participants; 2023 - $192M in assets across 2 plans covering 2,742 participants; 2024 - $212M in assets across 2 plans covering 2,791 participants.

By assets, Hays Medical Center Employee's Pension Plan outranks 90% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Hays Medical Center Employee's Pension Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.