Profit Sharing · DOL Form 5500 · 2024

Memorial Health Services Profit Sharing Plan

Data updated 2026-08-11

$1.4B
Total assets
4,491
Participants
99th
Percentile by assets
$318,276
Avg per participant
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Official DOL plan name: Memorialcare Retirement Plan · Sponsored by Memorial Health Services · California · Healthcare & Social Assistance

$1.4B in assets, 4,491 participants

Memorial Health Services's Memorialcare Retirement Plan reported $1.4B in total assets and 4,491 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #16,756 in Healthcare & Social Assistance (16,916 peers)

Coverage in California

Memorialcare Retirement Plan covers 4,491 participants in California, 7.1x the typical California plan (state average ~630 per filing). Assets: $1.4B.

$1.4B
total plan assets (2024 EOY)
4,491
covered participants
99th
percentile by assets (of 123,622 plans)
$318,276
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Memorialcare Retirement Plan reported net income fell from $163M in the plan year 2023 filing to $102M in the plan year 2024 filing.
  • Memorialcare Retirement Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
  • Memorialcare Retirement Plan reported participants fell from 4,728 in the plan year 2023 filing to 4,491 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Memorialcare Retirement Plan reports 4,491 participants - 7.1x that state average ($1.4B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.4B
Net Income$102M
Employer EIN951643381
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memorial Health Services)

$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.33B $1.76B ▲ +32.3%
Total plan assets by year, all Memorial Health Services plans on file
Year Plans Participants Total Assets
2022 2 7,853 $1.3B
2023 2 10,727 $1.6B
2024 2 11,679 $1.8B

Nearby Profit Sharing Plans in California

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

Memorialcare Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Memorialcare Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 0246810 Total assets ($B) Participants Memorialcare Retirem…Scpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Disney Retirement Sa…Shv Profit Sharing P…
Memorialcare Retirement Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Memorialcare Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Memorialcare Retirement Plan assets move in 2024?
Memorialcare Retirement Plan grew at a solid clip - up 7.7% during 2024, from $1.3B to $1.4B. Reported net income was $102M.
How have Memorial Health Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Memorial Health Services's sponsor-wide assets grew 32.5%, from $1.3B to $1.8B.
Where does Memorialcare Retirement Plan rank by assets among Form 5500 filers?
Memorialcare Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Profit Sharing plans are similar in size to Memorialcare Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund in WI ($1.4B, 5,999 participants).

Filing takeaways

Ways to act on Memorialcare Retirement Plan's numbers.