401(k) · DOL Form 5500 · 2023

Lake Region Healthcare Corporation 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
952
Participants Near avg headcount
89th
Percentile by assets National rank
$80,924
Avg per participant Below avg balance/head
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Official DOL plan name: Lake Region Healthcare Corporation Retirement Plan · Sponsored by Lake Region Healthcare Corporation · Minnesota · Healthcare & Social Assistance

$77M in assets, 952 participants

Lake Region Healthcare Corporation's Lake Region Healthcare Corporation Retirement Plan reported $77M in total assets and 952 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #16,070 in Healthcare & Social Assistance (17,684 peers)

Where Lake Region Healthcare Corporation Retirement Plan sits by assets

Lake Region Healthcare Corporation Retirement Plan sits in the top quartile of all filed plans by assets, $77M for 952 participants (~$80,924/participant), up 16.6% in 2023.

#16,070
in Healthcare & Social Assistance (17,684 peers)
+16.6%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Lake Region Healthcare Corporation Retirement Plan's outsized position by total assets

Lake Region Healthcare Corporation Retirement Plan vs every filed plan by assets

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

$77,039,648 Top 11% higher than 89% 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

Lake Region Healthcare Corporation Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lake Region Healthcare Corporation Retirement Plan sits mid-pack in the medium band (952 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lake Region Healthcare Corporation Retirement Plan reported net income rose from $4M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Lake Region Healthcare Corporation Retirement Plan reported participants rose from 802 in the plan year 2022 filing to 952 in the plan year 2023 filing.
  • Lake Region Healthcare Corporation Retirement Plan end-of-year assets rose from $66M in the plan year 2022 filing to $77M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410730602 · Lake Region Healthcare Corporation PY 2023 · 401(k)

Lake Region Healthcare Corporation Retirement Plan · $77M · 952 · 89th

  • EOY $77M
  • 5500 952
  • ASSETS 89th
  • PCT 401(k)
  • EIN near Liberty Oilfield Services 401(k) Savings Plan
  • RANK ind #16070

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 Minnesota →

Lake Region Healthcare Corporation Retirement Plan in the asset neighbourhood

Ampco-Pittsburgh Corporation Retirement Savings PlanAmpco-Pittsburgh Corporation…$77MLake Region Healthcare Corporation Retirement PlanLake Region Healthcare Corpo…$77MLiberty Oilfield Services 401(k) Savings PlanLiberty Oilfield Services 40…$77MEriks North America Retirement Savings PlanEriks North America Retireme…$77MNational Equity Fund 401(k) Retirement PlanNational Equity Fund 401(k) …$77M
End-of-year total assets ($M) among Lake Region Healthcare Corporation Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$77M
Net Income$11M
Employer EIN410730602
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Region Healthcare Corporation)

Sponsor-wide plan assets over time

All Lake Region Healthcare Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$85M 29.0039185116089% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $66.1M $85.2M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 802 $66M
2023 1 952 $77M
2024 1 956 $85M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lake Region Healthcare Corporation Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lake Region Healthcare Corporation Retirement Plan, Total assets ($B): 0.077039648 · Participants: 952Lake Region Healthcare Corporation Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Lake Region Healthcare Corporation Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lake Region Healthcare Corporation Retirement Plan side-by-side with 3 peers →

Lake Region Healthcare Corporation Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Liberty Oilfield Services 401(k) Savings Plan in CO ($77M); by covered participants it is Newman Technology, Inc. 401(k) Savings & Retirement Plan in OH (952 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (952 participants); asset peers above are excluded.

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 Lake Region Healthcare Corporation Retirement Plan assets move in 2023? ▼
Lake Region Healthcare Corporation Retirement Plan grew sharply - up 16.6% during 2023, from $66M to $77M. Reported net income was $11M.
How have Lake Region Healthcare Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Region Healthcare Corporation's sponsor-wide assets grew 29.0%, from $66M to $85M.
Where does Lake Region Healthcare Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Lake Region Healthcare Corporation Retirement Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lake Region Healthcare Corporation Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Liberty Oilfield Services 401(k) Savings Plan in CO ($77M, 2,602 participants).
Which 401(k) plans cover a similar participant headcount to Lake Region Healthcare Corporation Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Newman Technology, Inc. 401(k) Savings & Retirement Plan in OH (952 participants, $62M in assets).

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 410730602.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.