Plan Ledger DOL Form 5500 · updated monthly

Lakeland Regional Health System401(k)

LAKELAND REGIONAL HEALTH SYSTEM RETIREMENT PLAN · ST. JOSEPH, MI · plan year 2022

Reported admin expense ratio · 2022
0.04%

Lakeland Regional Health System reported $131,819 in plan administrative expenses for 2022: 0.04% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 119th-largest of 2,619 plans among Michigan employers on file, and the 548th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$249,200,037
Participants with balances4,109
Active participants6
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$60,647
Benefits paid to participants$36,998,185
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$249.2M · 4,109 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,643
Investment management$107,843
Total administrative$131,819
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$131,819 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Mymichigan Health MI$818.1M · 0.03%
Sparrow Health System MI$806.5M · 0.12%
Trinity Health Corporation MI$779.5M · 0.05%
Munson Healthcare MI$485.7M · 0.14%
Holland Hospital MI$241.0M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382609624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.