Lakeview Health 401(K) Plan — Form 5500 plan (Lakeview Memorial Hospital Association, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Lakeview Health 401(K) Plan is a benefit plan reported by Lakeview Memorial Hospital Association, Inc. under EIN 41-0811697 and plan number 008. The latest loaded filing year is 2023. The filing reports 1,740 participants and $109,071,371 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$109.1MPlan net assets, end of year$109,071,371
Participants1.7KCovered participants reported1,740
Assets / participant$62.7KComputed: assets ÷ participants$62,685 (computed)
Provider compensation$32.8K1 Schedule C provider row(s)$32,790
- Plan sponsor
- Lakeview Memorial Hospital Association, Inc.
- EIN
- 41-0811697
- Plan number
- 008
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,740 | H, C | 20240912121338NAL0010111377003 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$109.1M total assets
Net assets$109.1MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $109,071,371
- Net assets (EOY)
- $109,071,371
- Net assets (BOY)
- $91,583,195
Income & contributions
- Employer contributions
- $3,275,229
- Participant contributions
- $7,601,731
- Total contributions
- $13,208,998
- Total income / additions
- $30,271,328
Expenses & distributions
- Benefits paid
- $12,709,615
- Administrative expenses
- $73,537
- Total expenses
- $12,783,152
- Net increase / (decrease)
- $17,488,176
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
30%70%
Employer 30%Participant 70%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments | RECORDKEEPER | $32,790 | $0 | 2023 |