Profit Sharing · DOL Form 5500 · 2024

Torrance Health Association Profit Sharing Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
5,096
Participants Above avg headcount
91st
Percentile by assets National rank
$22,602
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Torrance Health Association Inc 401(a) Plan · Sponsored by Torrance Health Association · California · Healthcare & Social Assistance

$115M in assets, 5,096 participants

Torrance Health Association's The Torrance Health Association Inc 401(a) Plan reported $115M in total assets and 5,096 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #15,632 in Healthcare & Social Assistance (16,916 peers)

Coverage in California

The Torrance Health Association Inc 401(a) Plan covers 5,096 participants in California, 8.1x the typical California plan (state average ~630 per filing). Assets: $115M.

#15,632
in Healthcare & Social Assistance (16,916 peers)
+32.6%
assets growth YoY
1.2×
vs typical plan assets (national mean)

The Torrance Health Association Inc 401(a) Plan's outsized position by total assets

The Torrance Health Association Inc 401(a) Plan vs every filed plan by assets

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

$115,177,246 Top 9% higher than 91% 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

The Torrance Health Association Inc 401(a) 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. The Torrance Health Association Inc 401(a) Plan lands in the large band (5,096 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Torrance Health Association Inc 401(a) Plan end-of-year assets rose from $87M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • The Torrance Health Association Inc 401(a) Plan reported net income rose from $24M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • The Torrance Health Association Inc 401(a) Plan reported participants rose from 5,063 in the plan year 2023 filing to 5,096 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 330073515 · Torrance Health Association PY 2024 · Profit Sharing

The Torrance Health Association Inc 401(a) Plan · $115M · 5,096 · 91st

  • RANK $115M
  • PHOTO 5,096
  • IND 91st
  • EOY Profit Sharing
  • 5500 near Operative Plasterers and Cement Masons Profit Sharing Annuity Plan
  • ASSETS ind #15632

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 California →

The Torrance Health Association Inc 401(a) Plan in the asset neighbourhood

Building Trades Annuity Benefit FundBuilding Trades Annuity Bene…$116MThe Medical Faculty Associates 401(a) Retirement PlanThe Medical Faculty Associat…$116MPlumbers and Steamfitters Local No. 7 Annuity FundPlumbers and Steamfitters Lo…$116MThe Torrance Health Association Inc 401(a) PlanThe Torrance Health Associat…$115MOperative Plasterers and Cement Masons Profit Sharing Annuity PlanOperative Plasterers and Cem…$115M
End-of-year total assets ($M) among The Torrance Health Association Inc 401(a) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$115M
Net Income$28M
Employer EIN330073515
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torrance Health Association)

Sponsor-wide plan assets over time

All Torrance Health Association plans reported in each filing year

Latest sponsor-wide plan assets
$958M 21.924865238837267% vs 2022
2024 filing year
$700M$800M$900M$1,000M 202220232024 $785M $958M ▲ +21.9%
Year Plans Participants Total Assets
2022 3 10,514 $785M
2023 3 10,942 $887M
2024 3 11,090 $958M

Nearby Profit Sharing Plans in California

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

The Torrance Health Association Inc 401(a) Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -20246810 Total assets ($B) Participants The Torrance Health Association Inc 401(a) Plan, Total assets ($B): 0.115177246 · Participants: 5096The Torrance Health Association Inc 401(a) PlanScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
The Torrance Health Association Inc 401(a) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Scale composition for The Torrance Health Association Inc 401(a) Plan

The Torrance Health Association Inc 401(a) Plan reports $115M in end-of-year assets across 5,096 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $22,602 per participant (16% of the national average assets-per-participant) . Net income for plan year 2024 was $28M.

This plan identity (EIN 330073515, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $63M to $115M (+83.3%) while covered participants moved from 4,818 to 5,096 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,818 $63M Open filing
2023 5,063 $87M Open filing
2024 · index core 5,096 $115M This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

The Torrance Health Association Inc 401(a) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Operative Plasterers and Cement Masons Profit Sharing Annuity Plan in OH ($115M); by covered participants it is Clarios Retirement Savings and Investment Plan in WI (5,088 participants). Same-state nearby plans are listed separately above.

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 The Torrance Health Association Inc 401(a) Plan assets move in 2024? ▼
The Torrance Health Association Inc 401(a) Plan surged - up 32.6% during 2024, from $87M to $115M. Reported net income was $28M.
How have Torrance Health Association plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torrance Health Association's sponsor-wide assets grew 21.9%, from $785M to $958M.
Where does The Torrance Health Association Inc 401(a) Plan rank by assets among Form 5500 filers? ▼
The Torrance Health Association Inc 401(a) Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to The Torrance Health Association Inc 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Operative Plasterers and Cement Masons Profit Sharing Annuity Plan in OH ($115M, 1,581 participants).
Which Profit Sharing plans cover a similar participant headcount to The Torrance Health Association Inc 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Clarios Retirement Savings and Investment Plan in WI (5,088 participants, $334M in assets).