Money Purchase · DOL Form 5500 · 2024

Lyngblomsten Care Center Inc. Money Purchase Plan

Data updated 2026-08-11

$13M
Total assets
362
Participants
62nd
Percentile by assets
$36,477
Avg per participant
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Official DOL plan name: Lyngblomsten Care Center Inc. Employees Pension Plan · Sponsored by Lyngblomsten Care Center Inc. · Minnesota · Healthcare & Social Assistance

$13M in assets, 362 participants

Lyngblomsten Care Center Inc.'s Lyngblomsten Care Center Inc. Employees Pension Plan reported $13M in total assets and 362 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 123,622 plans)
  • #11,318 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Lyngblomsten Care Center Inc. Employees Pension Plan covers 362 participants in Minnesota, about 32% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
362
covered participants
62nd
percentile by assets (of 123,622 plans)
$36,477
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lyngblomsten Care Center Inc. Employees Pension Plan reported net income fell from $2M in the plan year 2023 filing to $829K in the plan year 2024 filing.
  • Lyngblomsten Care Center Inc. Employees Pension Plan reported participants rose from 326 in the plan year 2023 filing to 362 in the plan year 2024 filing.
  • Lyngblomsten Care Center Inc. Employees Pension Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Lyngblomsten Care Center Inc. Employees Pension Plan reports 362 participants - about 32% of that state average ($13M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$829K
Employer EIN411310487
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lyngblomsten Care Center Inc.)

$20M$25M$30M$35M 202220232024 $21.4M $29.4M ▲ +37.5%
Total plan assets by year, all Lyngblomsten Care Center Inc. plans on file
Year Plans Participants Total Assets
2022 2 724 $21M
2023 2 732 $26M
2024 2 849 $29M

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Lyngblomsten Care Center Inc. Employees Pension Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Lyngblomsten Care Center Inc. Employees Pension Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -1000100200300400500 Total assets ($M) Participants Lyngblomsten Care Ce…Thrivent Capital Acc…St. Paul Electrical …Boilermakers Lodge 1…Central Iowa Carpent…Nmdp Employer Contri…
Lyngblomsten Care Center Inc. Employees Pension Plan vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Lyngblomsten Care Center Inc. Employees Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Lyngblomsten Care Center Inc. Employees Pension Plan assets move in 2024?
Lyngblomsten Care Center Inc. Employees Pension Plan grew at a solid clip - up 6.7% during 2024, from $12M to $13M. Reported net income was $829K.
How have Lyngblomsten Care Center Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lyngblomsten Care Center Inc.'s sponsor-wide assets grew 37.4%, from $21M to $29M.
Which Money Purchase plans are similar in size to Lyngblomsten Care Center Inc. Employees Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Local 210's Annuity Fund in NY ($13M, 1,816 participants).

Next read for Lyngblomsten Care Center Inc. Employees …

Filing takeaways

Ways to act on Lyngblomsten Care Center Inc. Employees Pension Plan's numbers.