401(k) · DOL Form 5500 · 2024

Lakewood Health System 401(k) Plan

Data updated 2026-08-25

$78M
Total assets Below avg plan size
816
Participants Near avg headcount
89th
Percentile by assets National rank
$96,106
Avg per participant Below avg balance/head
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Official DOL plan name: Lakewood Health System 401(k) Plan · Sponsored by Lakewood Health System · Minnesota · Healthcare & Social Assistance

$78M in assets, 816 participants

Lakewood Health System's Lakewood Health System 401(k) Plan reported $78M in total assets and 816 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,251 in Healthcare & Social Assistance (16,916 peers)

Where Lakewood Health System 401(k) Plan sits by assets

Lakewood Health System 401(k) Plan sits in the top quartile of all filed plans by assets, $78M for 816 participants (~$96,106/participant), up 6.0% in 2024.

#15,251
in Healthcare & Social Assistance (16,916 peers)
+6.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Lakewood Health System 401(k) Plan's outsized position by total assets

Lakewood Health System 401(k) Plan vs every filed plan by assets

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

$78,422,119 Top 11% higher than 89% 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

Lakewood Health System 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lakewood Health System 401(k) Plan sits mid-pack in the medium band (816 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lakewood Health System 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Lakewood Health System 401(k) Plan end-of-year assets rose from $74M in the plan year 2023 filing to $78M in the plan year 2024 filing.
  • Lakewood Health System 401(k) Plan reported participants rose from 788 in the plan year 2023 filing to 816 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411842965 · Lakewood Health System PY 2024 · 401(k)

Lakewood Health System 401(k) Plan · $78M · 816 · 89th

  • RANK $78M
  • PHOTO 816
  • IND 89th
  • EOY 401(k)
  • 5500 near Fxi 401(k) Plan
  • ASSETS ind #15251

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 Minnesota →

Lakewood Health System 401(k) Plan in the asset neighbourhood

Lakewood Health System 401(k) PlanLakewood Health System 401(k…$78MFxi 401(k) Plan$78MMiddlesex Water Company 401(k) PlanMiddlesex Water Company 401(…$78MClausen Miller, P.C. 401(k) Retirement Savings PlanClausen Miller, P.C. 401(k) …$78MWeinberg, Wheeler, Hudgins, Gunn & Dial, LLC Employees' 401(k) Profit Sharing PlanWeinberg, Wheeler, Hudgins, …$78M
End-of-year total assets ($M) among Lakewood Health System 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$78M
Net Income$5M
Employer EIN411842965
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakewood Health System)

Sponsor-wide plan assets over time

All Lakewood Health System plans reported in each filing year

Latest sponsor-wide plan assets
$78M 17.26587480894717% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $66.9M $78.4M ▲ +17.3%
Year Plans Participants Total Assets
2022 1 748 $67M
2023 1 788 $74M
2024 1 816 $78M

Nearby 401(k) Plans in Minnesota

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

Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lakewood Health System 401(k) Plan, Total assets ($B): 0.078422119 · Participants: 816Lakewood Health System 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Lakewood Health System 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lakewood Health System 401(k) Plan side-by-side with 3 peers →

Lakewood Health System 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fxi 401(k) Plan in PA ($78M); by covered participants it is Oral Surgery Partners Mso, LLC 401(k) Profit Sharing Plan and Trust in MO (816 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (816 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 Lakewood Health System 401(k) Plan assets move in 2024? ▼
Lakewood Health System 401(k) Plan grew at a solid clip - up 6.0% during 2024, from $74M to $78M. Reported net income was $5M.
How have Lakewood Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lakewood Health System's sponsor-wide assets grew 17.3%, from $67M to $78M.
Where does Lakewood Health System 401(k) Plan rank by assets among Form 5500 filers? ▼
Lakewood Health System 401(k) Plan ranks in the 89th 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 401(k) plans are similar in size to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fxi 401(k) Plan in PA ($78M, 2,210 participants).
Which 401(k) plans cover a similar participant headcount to Lakewood Health System 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oral Surgery Partners Mso, LLC 401(k) Profit Sharing Plan and Trust in MO (816 participants, $50M in assets).

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 411842965.

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.