401(k) · DOL Form 5500 · 2024

Lima Memorial Health System 401(k) Plan

Data updated 2026-08-11

$126M
Total assets: 1,507
Participants: 92nd
Percentile by assets: $83,897
Avg per participant

Official DOL plan name: Lima Memorial Health System 401(k) Plan · Sponsored by Lima Memorial Health System · Ohio · Healthcare & Social Assistance

$126M in assets, 1,507 participants

Lima Memorial Health System's Lima Memorial Health System 401(k) Plan reported $126M in total assets and 1,507 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 123,622 plans)
#15,737 in Healthcare & Social Assistance (16,916 peers)

Where Lima Memorial Health System 401(k) Plan sits by assets

Lima Memorial Health System 401(k) Plan sits in the top 10% of all filed plans by assets, $126M for 1,507 participants (~$83,897/participant), up 15.1% in 2024.

$126M
total plan assets (2024 EOY): 1,507
covered participants: 92nd
percentile by assets (of 123,622 plans): $83,897
avg assets per participant

Lima Memorial Health System 401(k) Plan reported net income fell from $21M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Lima Memorial Health System 401(k) Plan end-of-year assets rose from $110M in the plan year 2023 filing to $126M in the plan year 2024 filing.
Lima Memorial Health System 401(k) Plan reported participants fell from 1,523 in the plan year 2023 filing to 1,507 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Ohio

Industry

Healthcare & Social Assistance

Lima Memorial Health System 401(k) Plan vs the 2024 asset distribution

By assets, Lima Memorial Health System 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$110M
Net Assets (End of Year)	$126M
Net Income	$17M
Employer EIN	341883284
Plan Effective Date	1998-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lima Memorial Health System)

Total plan assets by year, all Lima Memorial Health System plans on file

Year	Plans	Participants	Total Assets
2022	1	1,456	$89M
2023	1	1,523	$110M
2024	1	1,507	$126M

Nearby 401(k) Plans in Ohio

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

Lima Memorial Health System 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

GE Aerospace Retirement Savings Plan $14.7B · 45,620
The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
The Progressive 401(k) Plan $11.5B · 62,521
The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
Parker Retirement Savings Plan $9.0B · 26,315

Compare Lima Memorial Health System 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lima Memorial Health System 401(k) Plan by total assets, not by location.

The Branch Group Inc and Affiliates Employee Stock Ownership Plan (VA) $126M · 1,179
Aaa East Central 401(k) Savings Plan (PA) $126M · 1,326
Ballad Health 401(k) Plan (TN) $126M · 980
Gmg Employees Savings Plan (MI) $126M · 2,237

Frequently Asked Questions

How did Lima Memorial Health System 401(k) Plan assets move in 2024? ▼

Lima Memorial Health System 401(k) Plan grew sharply - up 15.1% during 2024, from $110M to $126M. Reported net income was $17M.

How have Lima Memorial Health System plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lima Memorial Health System's sponsor-wide assets grew 42.4%, from $89M to $126M.

Where does Lima Memorial Health System 401(k) Plan rank by assets among Form 5500 filers? ▼

Lima Memorial Health System 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Lima Memorial Health System 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Branch Group Inc and Affiliates Employee Stock Ownership Plan in VA ($126M, 1,179 participants).

Next read for Lima Memorial Health System 401(k) Plan

Scale reading

Ways to act on Lima Memorial Health System 401(k) Plan's numbers.

By total assets, Lima Memorial Health System 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Lima Memorial Health System's sponsor-wide assets have grown 42.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341883284.