Profit Sharing · DOL Form 5500 · 2024

Beaumont Health Profit Sharing Plan

Data updated 2026-07-24

$49M
Total assets: 1,584
Participants: 84th
Percentile by assets: $30,807
Avg per participant

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.

84th percentile by assets (of 116,472 plans)

Coverage in Michigan

Botsford Hospital Defined Contribution Plan covers 1,584 participants in Michigan, 2.5x the typical Michigan plan (state average ~632 per filing). Assets: $49M.

$49M
total plan assets (2024 EOY): 1,584
covered participants: 84th
percentile by assets (of 116,472 plans): $30,807
avg assets per participant

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 →

State

Michigan

Industry

Healthcare & Social Assistance

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Botsford Hospital Defined Contribution Plan reports 1,584 participants - 2.5x that state average ($49M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$46M
Net Assets (End of Year)	$49M
Net Income	$2M
Employer EIN	381426919
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Beaumont Health)

Total plan assets by year, all Beaumont Health plans on file

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

Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
NECA-IBEW Memphis Retirement Plan $230M · 2,755
Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639

Compare Botsford Hospital Defined Contribution P… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Botsford Hospital Defined Contribution Plan by total assets, not by location.

Section 403(b) Plan of the John D. and Catherine T. Macarthur Foundation (IL) $49M · 190
Haleon Puerto Rico 401(k) Plan (NJ) $49M · 912
Knox Community Hospital Employees Retirement Plan (OH) $49M · 1,369
403(b) Thrift Plan of Community Health Care (WA) $49M · 575

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 116,472 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).

Next read for Botsford Hospital Defined Contribution P…

Filing takeaways

Ways to act on Botsford Hospital Defined Contribution Plan's numbers.

By total assets, Botsford Hospital Defined Contribution Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
Beaumont Health's sponsor-wide assets have grown 16.5% 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 381426919.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.