401(k) · DOL Form 5500 · 2024

Lake Region Healthcare Corporation 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
956
Participants Near avg headcount
89th
Percentile by assets National rank
$89,148
Avg per participant Below avg balance/head
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Official DOL plan name: Lake Region Healthcare Corporation Retirement Plan · Sponsored by Lake Region Healthcare Corporation · Minnesota · Healthcare & Social Assistance

$85M in assets, 956 participants

Lake Region Healthcare Corporation's Lake Region Healthcare Corporation Retirement Plan reported $85M in total assets and 956 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.

  • #15,324 in Healthcare & Social Assistance (16,916 peers)

Where Lake Region Healthcare Corporation Retirement Plan sits by assets

Lake Region Healthcare Corporation Retirement Plan sits in the top quartile of all filed plans by assets, $85M for 956 participants (~$89,148/participant), up 10.6% in 2024.

#15,324
in Healthcare & Social Assistance (16,916 peers)
+10.6%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Lake Region Healthcare Corporation Retirement Plan's outsized position by total assets

Lake Region Healthcare Corporation Retirement Plan vs every filed plan by assets

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

$85,225,955 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

Lake Region Healthcare Corporation Retirement 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. Lake Region Healthcare Corporation Retirement Plan sits mid-pack in the medium band (956 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake Region Healthcare Corporation Retirement Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Lake Region Healthcare Corporation Retirement Plan end-of-year assets rose from $77M in the plan year 2023 filing to $85M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410730602 · Lake Region Healthcare Corporation PY 2024 · 401(k)

Lake Region Healthcare Corporation Retirement Plan · $85M · 956 · 89th

  • VS-ST $85M
  • VS-ST 956
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near Sukup Manufacturing Company 401(k) Profit Sharing Plan
  • VS-ST ind #15324

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 →

Lake Region Healthcare Corporation Retirement Plan in the asset neighbourhood

Goengineer, Inc. Retirement PlanGoengineer, Inc. Retirement …$85MBureau Veritas USA 401(k) Profit Sharing PlanBureau Veritas USA 401(k) Pr…$85MLake Region Healthcare Corporation Retirement PlanLake Region Healthcare Corpo…$85MSukup Manufacturing Company 401(k) Profit Sharing PlanSukup Manufacturing Company …$85MQuantix Scs 401(k) Plan$85M
End-of-year total assets ($M) among Lake Region Healthcare Corporation Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$85M
Net Income$8M
Employer EIN410730602
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Region Healthcare Corporation)

Sponsor-wide plan assets over time

All Lake Region Healthcare Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$85M 29.0039185116089% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $66.1M $85.2M ▲ +29.0%
Year Plans Participants Total Assets
2022 1 802 $66M
2023 1 952 $77M
2024 1 956 $85M

Nearby 401(k) Plans in Minnesota

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

Lake Region Healthcare Corporation Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lake Region Healthcare Corporation Retirement Plan, Total assets ($B): 0.085225955 · Participants: 956Lake Region Healthcare Corporation Retirement 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
Lake Region Healthcare Corporation Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Lake Region Healthcare Corporation Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Sukup Manufacturing Company 401(k) Profit Sharing Plan in IA ($85M); by covered participants it is Select Milk Producers, Inc. 401(k) Plan in TX (956 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($85M here).

Similar participant headcount

Nearest other-state filings by covered participants (956 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 Lake Region Healthcare Corporation Retirement Plan assets move in 2024?
Lake Region Healthcare Corporation Retirement Plan grew at a solid clip - up 10.6% during 2024, from $77M to $85M. Reported net income was $8M.
How have Lake Region Healthcare Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lake Region Healthcare Corporation's sponsor-wide assets grew 29.0%, from $66M to $85M.
Where does Lake Region Healthcare Corporation Retirement Plan rank by assets among Form 5500 filers?
Lake Region Healthcare Corporation Retirement 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 Lake Region Healthcare Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Sukup Manufacturing Company 401(k) Profit Sharing Plan in IA ($85M, 794 participants).
Which 401(k) plans cover a similar participant headcount to Lake Region Healthcare Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Select Milk Producers, Inc. 401(k) Plan in TX (956 participants, $36M in assets).