Profit Sharing · DOL Form 5500 · 2023
Torrance Health Association Profit Sharing Plan
Data updated 2026-08-11
- $87M
- Total assets
- 5,063
- Participants
- 90th
- Percentile by assets
- $17,153
- Avg per participant
Official DOL plan name: The Torrance Health Association Inc 401(a) Plan · Sponsored by Torrance Health Association · California · Healthcare & Social Assistance
$87M in assets, 5,063 participants
Torrance Health Association's The Torrance Health Association Inc 401(a) Plan reported $87M in total assets and 5,063 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #16,191 in Healthcare & Social Assistance (17,684 peers)
Coverage in California
The Torrance Health Association Inc 401(a) Plan covers 5,063 participants in California, 8.0x the typical California plan (state average ~630 per filing). Assets: $87M.
- $87M
- total plan assets (2023 EOY)
- 5,063
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $17,153
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Torrance Health Association Inc 401(a) Plan reported net income rose from $7M in the plan year 2022 filing to $24M in the plan year 2023 filing.
- The Torrance Health Association Inc 401(a) Plan end-of-year assets rose from $63M in the plan year 2022 filing to $87M in the plan year 2023 filing.
- The Torrance Health Association Inc 401(a) Plan reported participants rose from 4,818 in the plan year 2022 filing to 5,063 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. The Torrance Health Association Inc 401(a) Plan reports 5,063 participants - 8.0x that state average ($87M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $63M |
|---|---|
| Net Assets (End of Year) | $87M |
| Net Income | $24M |
| Employer EIN | 330073515 |
| Plan Effective Date | 2010-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Torrance Health Association)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 10,514 | $785M |
| 2023 | 3 | 10,942 | $887M |
| 2024 | 3 | 11,090 | $958M |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
The Torrance Health Association Inc 401(a) Plan vs. nearby Profit Sharing plans in California, assets vs. participants
- Intel Retirement Contribution Plan $7.2B · 21,513
- Scpmg Keogh Plan $6.8B · 10,125
- Motion Picture Industry Individual Account Plan $5.9B · 71,071
- Memorialcare Retirement Plan $1.3B · 4,728
- Disney Retirement Savings Plan $1.1B · 37,110
Scale composition for The Torrance Health Association Inc 401(a) Plan
The Torrance Health Association Inc 401(a) Plan reports $87M in end-of-year assets across 5,063 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $17,153 per participant (12% of the national average assets-per-participant) . Net income for plan year 2023 was $24M.
This plan identity (EIN 330073515, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $63M to $115M (+83.3%) while covered participants moved from 4,818 to 5,096 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,818 | $63M | Open filing |
| 2023 | 5,063 | $87M | This page |
| 2024 · index core | 5,096 | $115M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Torrance Health Association Employees Retirement Plan (Defined Benefit (Pension), $436M, 1,183 participants)
- Torrance Health Association 403(b) Plan (Other, $406M, 4,811 participants)
- The Torrance Health Association Inc 401(a) Plan (Profit Sharing, $115M, 5,096 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to The Torrance Health Association Inc 401(a) Plan by total assets, not by location.
- U.a. Plumbers & Steamfitters Local 22 Annuity Fund (NY) $87M · 807
- Local Union No. 90 I.B.E.W. Annuity Plan (CT) $87M · 642
- I.U.O.E. Local 98 Annuity Fund (MA) $86M · 1,326
- Cement Masons and Plasterers Joint Pension Plan (NV) $86M · 677
Frequently Asked Questions
How did The Torrance Health Association Inc 401(a) Plan assets move in 2023? ▼
How have Torrance Health Association plan assets changed over time? ▼
Where does The Torrance Health Association Inc 401(a) Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to The Torrance Health Association Inc 401(a) Plan? ▼
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Filing takeaways
Ways to act on The Torrance Health Association Inc 401(a) Plan's numbers.
- By total assets, The Torrance Health Association Inc 401(a) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
- Torrance Health Association's sponsor-wide assets have grown 21.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans