Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GALION COMMUNITY HOSPITAL

This Defined Benefit (Pension) plan holds $11M in total assets and serves 111 participants as of 2023. It is sponsored by GALION COMMUNITY HOSPITAL in Ohio. The plan reported a net loss of $11M for the year.

Total Assets (2023)
$11M
Participants
111
State
Industry
Healthcare & Social Assistance

What the Filing Says About EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL

EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL is a Defined Benefit (Pension) retirement plan sponsored by GALION COMMUNITY HOSPITAL, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 111 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 344451872, and the plan has been effective since 1968-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2023 to $11M at year-end — a decline of 45.0%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-10,555,201 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.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$11M
Net Assets (End of Year)$10M
Net Income$-10,555,201
Plan TypeDefined Benefit (Pension)
Employer EIN344451872
Plan Effective Date1968-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GALION COMMUNITY HOSPITAL)

Year Plans Participants Total Assets
2022 1 135 $21M
2023 1 111 $11M
2024 1 12 N/A

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL?
As of the 2023 Form 5500 filing, EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL holds $11M in total assets with 111 participants. It is sponsored by GALION COMMUNITY HOSPITAL.
What type of plan is EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL?
EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL is a Defined Benefit (Pension) plan. It has been effective since 1968-10-01. The plan is filed with the U.S. Department of Labor under EIN 344451872.
Who sponsors the EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL?
EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL is sponsored by GALION COMMUNITY HOSPITAL, located in Ohio. The sponsor's EIN is 344451872 and the plan operates in the Healthcare & Social Assistance industry.
How did EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL perform in 2023?
EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL declined by 45.0% during 2023, moving from $21M to $11M in total assets. Net income was $-10,555,201.
Where can I find official filings for EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL?
Official Form 5500 filings for EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 344451872 or plan name at efast.dol.gov.
How does EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL compare to other plans?
You can compare EMPLOYEES' RETIREMENT PLAN OF GALION COMMUNITY HOSPITAL against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 344451872.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.