Profit Sharing · DOL Form 5500 · 2023
Southwest Louisiana Hospital Association Profit Sharing Plan
Data updated 2026-08-11
- $46M
- Total assets
- 2,003
- Participants
- 85th
- Percentile by assets
- $22,987
- Avg per participant
Official DOL plan name: Lake Charles Memorial Health System Retirement Plan · Sponsored by Southwest Louisiana Hospital Association · Louisiana · Healthcare & Social Assistance
$46M in assets, 2,003 participants
Southwest Louisiana Hospital Association's Lake Charles Memorial Health System Retirement Plan reported $46M in total assets and 2,003 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)
- #15,377 in Healthcare & Social Assistance (17,684 peers)
Coverage in Louisiana
Lake Charles Memorial Health System Retirement Plan covers 2,003 participants in Louisiana, 4.0x the typical Louisiana plan (state average ~495 per filing). Assets: $46M.
- $46M
- total plan assets (2023 EOY)
- 2,003
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $22,987
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lake Charles Memorial Health System Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Lake Charles Memorial Health System Retirement Plan reported participants fell from 2,465 in the plan year 2022 filing to 2,003 in the plan year 2023 filing.
- Lake Charles Memorial Health System Retirement Plan end-of-year assets rose from $40M in the plan year 2022 filing to $46M in the plan year 2023 filing.
Participants vs Louisiana filers
In Louisiana, the average filing covers about 495 participants across 1,155 plans. Lake Charles Memorial Health System Retirement Plan reports 2,003 participants - 4.0x that state average ($46M EOY assets).
Louisiana filing particulars
| Total Assets (Beginning of Year) | $40M |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | $6M |
| Employer EIN | 720551963 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southwest Louisiana Hospital Association)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,924 | $119M |
| 2023 | 2 | 4,320 | $139M |
| 2024 | 2 | 4,689 | $162M |
Nearby Profit Sharing Plans in Louisiana
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Lake Charles Memorial Health System Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Lake Charles Memorial Health System Retirement Plan assets move in 2023? ▼
How have Southwest Louisiana Hospital Association plan assets changed over time? ▼
Where does Lake Charles Memorial Health System Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Lake Charles Memorial Health System Retirement Plan? ▼
Next read for Lake Charles Memorial Health System Reti…
Filing takeaways
Ways to act on Lake Charles Memorial Health System Retirement Plan's numbers.
- By total assets, Lake Charles Memorial Health System Retirement 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 Louisiana. Compare plans
- Southwest Louisiana Hospital Association's sponsor-wide assets have grown 35.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans