Profit Sharing · DOL Form 5500 · 2024

Beaumont Health Profit Sharing Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
1,584
Participants Near avg headcount
84th
Percentile by assets National rank
$30,807
Avg per participant Low balance/head
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Official DOL plan name: Botsford Hospital Defined Contribution Plan · Sponsored by Beaumont Health · Michigan · Healthcare & Social Assistance

$49M in assets, 1,584 participants

Beaumont Health's Botsford Hospital Defined Contribution Plan reported $49M in total assets and 1,584 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,572 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Botsford Hospital Defined Contribution Plan covers 1,584 participants in Michigan, 2.5x the typical Michigan plan (state average ~638 per filing). Assets: $49M.

#14,572
in Healthcare & Social Assistance (16,916 peers)
+5.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Botsford Hospital Defined Contribution Plan's outsized position by total assets

Botsford Hospital Defined Contribution Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$48,798,598 Top 16% higher than 84% of 123,620 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 2024

Botsford Hospital Defined Contribution Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Botsford Hospital Defined Contribution Plan lands in the large band (1,584 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Botsford Hospital Defined Contribution Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Botsford Hospital Defined Contribution Plan reported participants fell from 1,677 in the plan year 2023 filing to 1,584 in the plan year 2024 filing.
  • Botsford Hospital Defined Contribution Plan end-of-year assets rose from $46M in the plan year 2023 filing to $49M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 381426919 · Beaumont Health PY 2024 · Profit Sharing

Botsford Hospital Defined Contribution Plan · $49M · 1,584 · 84th

  • PHOTO $49M
  • IND 1,584
  • EOY 84th
  • 5500 Profit Sharing
  • ASSETS near Section 403(b) Plan of the John D. and Catherine T. Macarthur Foundation
  • PCT ind #14572

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 Michigan →

Botsford Hospital Defined Contribution Plan in the asset neighbourhood

403(b) Thrift Plan of Community Health Care403(b) Thrift Plan of Commun…$49MKnox Community Hospital Employees Retirement PlanKnox Community Hospital Empl…$49MHaleon Puerto Rico 401(k) PlanHaleon Puerto Rico 401(k) Pl…$49MSection 403(b) Plan of the John D. and Catherine T. Macarthur FoundationSection 403(b) Plan of the J…$49MBotsford Hospital Defined Contribution PlanBotsford Hospital Defined Co…$49M
End-of-year total assets ($M) among Botsford Hospital Defined Contribution Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$49M
Net Income$2M
Employer EIN381426919
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beaumont Health)

Sponsor-wide plan assets over time

All Beaumont Health plans reported in each filing year

Latest sponsor-wide plan assets
$49M 16.53519542821204% vs 2022
2024 filing year
$40M$45M$50M 202220232024 $41.9M $48.8M ▲ +16.6%
Year Plans Participants Total Assets
2022 1 1,794 $42M
2023 1 1,677 $46M
2024 1 1,584 $49M

Nearby Profit Sharing Plans in Michigan

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

Botsford Hospital Defined Contribution Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000 -0.500.511.52 Total assets ($B) Participants Botsford Hospital Defined Contribution Plan, Total assets ($B): 0.048798598 · Participants: 1584Botsford Hospital Defined Contribution PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Botsford Hospital Defined Contribution Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Botsford Hospital Defined Contribution Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Section 403(b) Plan of the John D. and Catherine T. Macarthur Foundation in IL ($49M); by covered participants it is Operative Plasterers and Cement Masons Profit Sharing Annuity Plan in OH (1,581 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,584 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Botsford Hospital Defined Contribution Plan assets move in 2024?
Botsford Hospital Defined Contribution Plan grew at a solid clip - up 5.4% during 2024, from $46M to $49M. Reported net income was $2M.
How have Beaumont Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Beaumont Health's sponsor-wide assets grew 16.5%, from $42M to $49M.
Where does Botsford Hospital Defined Contribution Plan rank by assets among Form 5500 filers?
Botsford Hospital Defined Contribution Plan ranks in the 84th 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 Botsford Hospital Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by assets is Section 403(b) Plan of the John D. and Catherine T. Macarthur Foundation in IL ($49M, 190 participants).
Which Profit Sharing plans cover a similar participant headcount to Botsford Hospital Defined Contribution Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Operative Plasterers and Cement Masons Profit Sharing Annuity Plan in OH (1,581 participants, $115M in assets).