Profit Sharing · DOL Form 5500 · 2023
Beaumont Health Profit Sharing Plan
Data updated 2026-08-11
- $46M
- Total assets
- 1,677
- Participants
- 85th
- Percentile by assets
- $27,616
- Avg per participant
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.
- 85th percentile by assets (of 127,072 plans)
- #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.
- $46M
- total plan assets (2023 EOY)
- 1,677
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $27,616
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Botsford Hospital Defined Contribution Plan reports 1,677 participants - 2.6x that state average ($46M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $42M |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | $4M |
| Employer EIN | 381426919 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Beaumont Health)
| 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
- Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Botsford Hospital Defined Contribution Plan by total assets, not by location.
Frequently Asked Questions
How did Botsford Hospital Defined Contribution Plan assets move in 2023? ▼
How have Beaumont Health plan assets changed over time? ▼
Where does Botsford Hospital Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Botsford Hospital Defined Contribution Plan? ▼
Next read for Botsford Hospital Defined Contribution P…
Filing takeaways
Ways to act on Botsford Hospital Defined Contribution Plan's numbers.
- By total assets, Botsford Hospital Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Beaumont Health's sponsor-wide assets have grown 16.5% since 2022 across 3 plan years on file. More Other Services plans