Profit Sharing · DOL Form 5500 · 2023

Torrance Health Association Profit Sharing Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
5,063
Participants Above avg headcount
90th
Percentile by assets National rank
$17,153
Avg per participant Low balance/head
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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.

  • #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.

#16,191
in Healthcare & Social Assistance (17,684 peers)
+38.2%
assets growth YoY
0.9×
vs typical plan assets (national mean)

The Torrance Health Association Inc 401(a) Plan's outsized position by total assets

The Torrance Health Association Inc 401(a) Plan vs every filed plan by assets

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

$86,847,447 Top 10% higher than 90% 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

The Torrance Health Association Inc 401(a) 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. The Torrance Health Association Inc 401(a) Plan lands in the large band (5,063 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 330073515 · Torrance Health Association PY 2023 · Profit Sharing

The Torrance Health Association Inc 401(a) Plan · $87M · 5,063 · 90th

  • EIN $87M
  • RANK 5,063
  • PHOTO 90th
  • IND Profit Sharing
  • EOY near U.a. Plumbers & Steamfitters Local 22 Annuity Fund
  • 5500 ind #16191

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 Healthcare & Social Assistance retirement plans → · Plans in California →

The Torrance Health Association Inc 401(a) Plan in the asset neighbourhood

Local Union No. 90 I.B.E.W. Annuity PlanLocal Union No. 90 I.B.E.W. …$87MU.a. Plumbers & Steamfitters Local 22 Annuity FundU.a. Plumbers & Steamfitters…$87MThe Torrance Health Association Inc 401(a) PlanThe Torrance Health Associat…$87MI.U.O.E. Local 98 Annuity FundI.U.O.E. Local 98 Annuity Fu…$86MCement Masons and Plasterers Joint Pension PlanCement Masons and Plasterers…$86M
End-of-year total assets ($M) among The Torrance Health Association Inc 401(a) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$87M
Net Income$24M
Employer EIN330073515
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torrance Health Association)

Sponsor-wide plan assets over time

All Torrance Health Association plans reported in each filing year

Latest sponsor-wide plan assets
$958M 21.924865238837267% vs 2022
2024 filing year
$700M$800M$900M$1,000M 202220232024 $785M $958M ▲ +21.9%
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 Scatter plot of 6 data points. 020000400006000080000 -202468 Total assets ($B) Participants The Torrance Health Association Inc 401(a) Plan, Total assets ($B): 0.086847447 · Participants: 5063The Torrance Health Association Inc 401(a) PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
The Torrance Health Association Inc 401(a) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

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:

The Torrance Health Association Inc 401(a) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is U.a. Plumbers & Steamfitters Local 22 Annuity Fund in NY ($87M); by covered participants it is Steamfitters Local 602 Retirement Savings Plan Savings Plan in MD (5,155 participants). Same-state nearby plans are listed separately above.

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 The Torrance Health Association Inc 401(a) Plan assets move in 2023? ▼
The Torrance Health Association Inc 401(a) Plan surged - up 38.2% during 2023, from $63M to $87M. Reported net income was $24M.
How have Torrance Health Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torrance Health Association's sponsor-wide assets grew 21.9%, from $785M to $958M.
Where does The Torrance Health Association Inc 401(a) Plan rank by assets among Form 5500 filers? ▼
The Torrance Health Association Inc 401(a) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to The Torrance Health Association Inc 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is U.a. Plumbers & Steamfitters Local 22 Annuity Fund in NY ($87M, 807 participants).
Which Profit Sharing plans cover a similar participant headcount to The Torrance Health Association Inc 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Steamfitters Local 602 Retirement Savings Plan Savings Plan in MD (5,155 participants, $445M in assets).