Profit Sharing · DOL Form 5500 · 2023

Lakeland Regional Medical Center, Inc. Profit Sharing Plan

Data updated 2026-08-11

$177M
Total assets
4,477
Participants
94th
Percentile by assets
$39,435
Avg per participant
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Official DOL plan name: Lakeland Regional Medical Center Retirement Plan Trust · Sponsored by Lakeland Regional Medical Center, Inc. · Florida · Healthcare & Social Assistance

$177M in assets, 4,477 participants

Lakeland Regional Medical Center, Inc.'s Lakeland Regional Medical Center Retirement Plan Trust reported $177M in total assets and 4,477 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #16,795 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Lakeland Regional Medical Center Retirement Plan Trust covers 4,477 participants in Florida, 7.1x the typical Florida plan (state average ~628 per filing). Assets: $177M.

$177M
total plan assets (2023 EOY)
4,477
covered participants
94th
percentile by assets (of 127,072 plans)
$39,435
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lakeland Regional Medical Center Retirement Plan Trust reported net income rose from -$33M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Lakeland Regional Medical Center Retirement Plan Trust reported participants fell from 7,487 in the plan year 2022 filing to 4,477 in the plan year 2023 filing.
  • Lakeland Regional Medical Center Retirement Plan Trust end-of-year assets rose from $155M in the plan year 2022 filing to $177M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Lakeland Regional Medical Center Retirement Plan Trust reports 4,477 participants - 7.1x that state average ($177M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$155M
Net Assets (End of Year)$177M
Net Income$21M
Employer EIN592650456
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakeland Regional Medical Center, Inc.)

$400M$450M$500M$550M$600M$650M 202220232024 $456M $615M ▲ +34.9%
Total plan assets by year, all Lakeland Regional Medical Center, Inc. plans on file
Year Plans Participants Total Assets
2022 2 13,691 $456M
2023 2 11,163 $551M
2024 2 12,335 $615M

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lakeland Regional Medical Center Retirement Plan Trust vs. nearby Profit Sharing plans in Florida, assets vs. participants

Lakeland Regional Medical Center Retirement Plan Trust vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246 Total assets ($B) Participants Lakeland Regional Me…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
Lakeland Regional Medical Center Retirement Plan Trust vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Lakeland Regional Medical Center Retirement Plan Trust by total assets, not by location.

Frequently Asked Questions

How did Lakeland Regional Medical Center Retirement Plan Trust assets move in 2023?
Lakeland Regional Medical Center Retirement Plan Trust grew at a solid clip - up 13.7% during 2023, from $155M to $177M. Reported net income was $21M.
How have Lakeland Regional Medical Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lakeland Regional Medical Center, Inc.'s sponsor-wide assets grew 34.9%, from $456M to $615M.
Where does Lakeland Regional Medical Center Retirement Plan Trust rank by assets among Form 5500 filers?
Lakeland Regional Medical Center Retirement Plan Trust ranks in the 94th 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 Lakeland Regional Medical Center Retirement Plan Trust?
Among Profit Sharing plans in other states, the closest by assets is Bricklayers of Indiana Retirement Plan in IN ($176M, 971 participants).

Next read for Lakeland Regional Medical Center Retirem…

Filing takeaways

Ways to act on Lakeland Regional Medical Center Retirement Plan Trust's numbers.