Profit Sharing · DOL Form 5500 · 2023

Beaumont Health Profit Sharing Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
1,677
Participants Near avg headcount
85th
Percentile by assets National rank
$27,616
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Botsford Hospital Defined Contribution Plan · Sponsored by Beaumont Health · Michigan · Other Services

$46M in assets, 1,677 participants

Beaumont Health's Botsford Hospital Defined Contribution Plan reported $46M in total assets and 1,677 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,307 in Other Services (7,857 peers)

Coverage in Michigan

Botsford Hospital Defined Contribution Plan covers 1,677 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $46M.

#7,307
in Other Services (7,857 peers)
+10.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Botsford Hospital Defined Contribution Plan's outsized position by total assets

Botsford Hospital Defined Contribution Plan vs every filed plan by assets

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

$46,311,702 Top 15% higher than 85% 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

Botsford Hospital Defined Contribution 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. Botsford Hospital Defined Contribution Plan lands in the large band (1,677 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Botsford Hospital Defined Contribution Plan reported net income rose from -$10M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Botsford Hospital Defined Contribution Plan end-of-year assets rose from $42M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Botsford Hospital Defined Contribution Plan reported participants fell from 1,794 in the plan year 2022 filing to 1,677 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381426919 · Beaumont Health PY 2023 · Profit Sharing

Botsford Hospital Defined Contribution Plan · $46M · 1,677 · 85th

  • PART $46M
  • PART 1,677
  • PART 85th
  • PART Profit Sharing
  • PART near Heifer International 403(b) Plan
  • PART ind #7307

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 Other Services retirement plans → · Plans in Michigan →

Botsford Hospital Defined Contribution Plan in the asset neighbourhood

Yai Network Affiliates 401(a) PlanYai Network Affiliates 401(a…$47M401(k) Profit Sharing Plan for Employees of Adapt Community Network401(k) Profit Sharing Plan f…$46MBotsford Hospital Defined Contribution PlanBotsford Hospital Defined Co…$46MHeifer International 403(b) PlanHeifer International 403(b) …$46MHawkins Parnell & Young LLP 401(k) Profit Sharing PlanHawkins Parnell & Young LLP …$46M
End-of-year total assets ($M) among Botsford Hospital Defined Contribution Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$46M
Net Income$4M
Employer EIN381426919
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beaumont Health)

Sponsor-wide plan assets over time

All Beaumont Health plans reported in each filing year

Latest sponsor-wide plan assets
$49M 16.53519542821204% vs 2022
2024 filing year
$40M$45M$50M 202220232024 $41.9M $48.8M ▲ +16.6%
Year Plans Participants Total Assets
2022 1 1,794 $42M
2023 1 1,677 $46M
2024 1 1,584 $49M

Nearby Profit Sharing Plans in Michigan

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

Botsford Hospital Defined Contribution Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000 -0.500.511.52 Total assets ($B) Participants Botsford Hospital Defined Contribution Plan, Total assets ($B): 0.046311702 · Participants: 1677Botsford Hospital Defined Contribution PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Botsford Hospital Defined Contribution Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Botsford Hospital Defined Contribution Plan side-by-side with 3 peers →

Botsford Hospital Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Heifer International 403(b) Plan in AR ($46M); by covered participants it is Food & Beverage Workers Union Local 23 & Employers Pension Plan in AZ (1,680 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,677 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 Botsford Hospital Defined Contribution Plan assets move in 2023? ▼
Botsford Hospital Defined Contribution Plan grew at a solid clip - up 10.6% during 2023, from $42M to $46M. Reported net income was $4M.
How have Beaumont Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beaumont Health's sponsor-wide assets grew 16.5%, from $42M to $49M.
Where does Botsford Hospital Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Botsford Hospital Defined Contribution Plan ranks in the 85th 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 Botsford Hospital Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Heifer International 403(b) Plan in AR ($46M, 249 participants).
Which Profit Sharing plans cover a similar participant headcount to Botsford Hospital Defined Contribution Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Food & Beverage Workers Union Local 23 & Employers Pension Plan in AZ (1,680 participants, $44M 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 381426919.

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.