Profit Sharing · DOL Form 5500 · 2024

Southwest Louisiana Hospital Association Profit Sharing Plan

Data updated 2026-08-11

$52M
Total assets
2,026
Participants
85th
Percentile by assets
$25,535
Avg per participant
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Official DOL plan name: Lake Charles Memorial Health System Retirement Plan · Sponsored by Southwest Louisiana Hospital Association · Louisiana · Healthcare & Social Assistance

$52M in assets, 2,026 participants

Southwest Louisiana Hospital Association's Lake Charles Memorial Health System Retirement Plan reported $52M in total assets and 2,026 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 123,622 plans)
  • #14,679 in Healthcare & Social Assistance (16,916 peers)

Coverage in Louisiana

Lake Charles Memorial Health System Retirement Plan covers 2,026 participants in Louisiana, 4.1x the typical Louisiana plan (state average ~495 per filing). Assets: $52M.

$52M
total plan assets (2024 EOY)
2,026
covered participants
85th
percentile by assets (of 123,622 plans)
$25,535
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake Charles Memorial Health System Retirement Plan end-of-year assets rose from $46M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Lake Charles Memorial Health System Retirement Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Lake Charles Memorial Health System Retirement Plan reported participants rose from 2,003 in the plan year 2023 filing to 2,026 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Lake Charles Memorial Health System Retirement Plan reports 2,026 participants - 4.1x that state average ($52M EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$52M
Net Income$6M
Employer EIN720551963
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwest Louisiana Hospital Association)

$100M$120M$140M$160M$180M 202220232024 $119M $162M ▲ +35.9%
Total plan assets by year, all Southwest Louisiana Hospital Association plans on file
Year Plans Participants Total Assets
2022 2 4,924 $119M
2023 2 4,320 $139M
2024 2 4,689 $162M

Nearby Profit Sharing Plans in Louisiana

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

Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants

Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 0204060 Total assets ($M) Participants Lake Charles Memoria…Taylor, Porter, Broo…Plumbers & Steamfitt…Collegiate Academies…Service Tool Co., LL…Total Community Acti…
Lake Charles Memorial Health System Retirement Plan vs. nearby Profit Sharing plans in Louisiana, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Lake Charles Memorial Health System Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lake Charles Memorial Health System Retirement Plan assets move in 2024?
Lake Charles Memorial Health System Retirement Plan grew at a solid clip - up 12.4% during 2024, from $46M to $52M. Reported net income was $6M.
How have Southwest Louisiana Hospital Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Southwest Louisiana Hospital Association's sponsor-wide assets grew 35.9%, from $119M to $162M.
Where does Lake Charles Memorial Health System Retirement Plan rank by assets among Form 5500 filers?
Lake Charles Memorial Health System Retirement Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Lake Charles Memorial Health System Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is V. Suarez & Co., Inc. Retirement Plan in PR ($52M, 545 participants).

Next read for Lake Charles Memorial Health System Reti…

Filing takeaways

Ways to act on Lake Charles Memorial Health System Retirement Plan's numbers.