401(k) · DOL Form 5500 · 2024
Lakeland Mental Health Center, Inc. 401(k) Plan
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 162
- Participants Small participant base
- 72nd
- Percentile by assets National rank
- $138,213
- Avg per participant Near avg balance/head
Official DOL plan name: Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · Sponsored by Lakeland Mental Health Center, Inc. · Minnesota · Healthcare & Social Assistance
$22M in assets, 162 participants
Lakeland Mental Health Center, Inc.'s Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported $22M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.
- #12,957 in Healthcare & Social Assistance (16,916 peers)
Coverage in Minnesota
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan covers 162 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.
- #12,957
- in Healthcare & Social Assistance (16,916 peers)
- +4.6%
- assets growth YoY
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's outsized position by total assets
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$22,390,574 Top 28% higher than 72% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan sits mid-pack in the medium band (162 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported net income fell from $4M in the plan year 2023 filing to $978K in the plan year 2024 filing.
- Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan end-of-year assets rose from $21M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan reported participants fell from 164 in the plan year 2023 filing to 162 in the plan year 2024 filing.
DOL schedule card
Filing strip 410843966 · Lakeland Mental Health Center, Inc. PY 2024 · 401(k)
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan · $22M · 162 · 72nd
- PART $22M
- TYPE 162
- NET 72nd
- BOOK 401(k)
- VS-ST near The Fresh Mark, Inc. Hourly Pension Plan
- BOY ind #12957
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 →
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $978K |
| Employer EIN | 410843966 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lakeland Mental Health Center, Inc.)
Sponsor-wide plan assets over time
All Lakeland Mental Health Center, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 25.281850359338193% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 160 | $18M |
| 2023 | 1 | 164 | $21M |
| 2024 | 1 | 162 | $22M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is The Fresh Mark, Inc. Hourly Pension Plan in OH ($22M); by covered participants it is Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan in OH (162 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
- The Fresh Mark, Inc. Hourly Pension Plan (OH) $22M · 1,739
- Barton & Associates Inc 401(k) Profit Sharing Plan and Trust (MA) $22M · 557
- Zodiac Seats US Union Savings Plan (TX) $22M · 570
- Binswanger Enterprises, LLC 401(k) Plan (TN) $22M · 613
Similar participant headcount
Nearest other-state filings by covered participants (162 participants); asset peers above are excluded.
- Central Ohio Urology Group, Inc. 401(k) Profit Sharing Plan (OH) 162 · 0 off
- Sirote & Permutt, P. C. Profit Sharing 401(k) Plan (AL) 162 · 0 off
- Ollion 401(k) Plan (WA) 162 · 0 off
- Q Labs LLC 401(k) Profit Sharing Plan (OH) 162 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.