Profit Sharing · DOL Form 5500 · 2022

Medical Information Technology, Inc Profit Sharing Plan

Data updated 2026-08-25

$414M
Total assets Above avg plan size
3,109
Participants Above avg headcount
98th
Percentile by assets National rank
$133,203
Avg per participant Near avg balance/head
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Official DOL plan name: Medical Information Technology, Inc. Profit Sharing Plan · Sponsored by Medical Information Technology, Inc · Massachusetts · Manufacturing

$414M in assets, 3,109 participants

Medical Information Technology, Inc's Medical Information Technology, Inc. Profit Sharing Plan reported $414M in total assets and 3,109 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,765 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Medical Information Technology, Inc. Profit Sharing Plan covers 3,109 participants in Massachusetts, 4.7x the typical Massachusetts plan (state average ~659 per filing). Assets: $414M.

#19,765
in Manufacturing (20,602 peers)
-3.6%
assets change YoY
4.2×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medical Information Technology, Inc. Profit Sharing Plan's outsized position by total assets

Medical Information Technology, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$414,129,345 Top 2% higher than 98% of 139,123 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 2022

Medical Information Technology, Inc. Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medical Information Technology, Inc. Profit Sharing Plan lands in the large band (3,109 participants).

Published 5500 schedule card

Filing strip 042455639 · Medical Information Technology, Inc PY 2022 · Profit Sharing

Medical Information Technology, Inc. Profit Sharing Plan · $414M · 3,109 · 98th

  • BOOK $414M
  • VS-ST 3,109
  • BOY 98th
  • SCH Profit Sharing
  • EBSA near Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan
  • PART ind #19765

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 Manufacturing retirement plans → · Plans in Massachusetts →

Medical Information Technology, Inc. Profit Sharing Plan in the asset neighbourhood

Orlando Health, Inc. Retirement Savings Plan 401aOrlando Health, Inc. Retirem…$418MUniversity of Maryland Medical System 403(b) Retirement Savings PlanUniversity of Maryland Medic…$418MLehigh Valley Health Network, Inc. Defined Contribution Retirement PlanLehigh Valley Health Network…$415MMedical Information Technology, Inc. Profit Sharing PlanMedical Information Technolo…$414MUniversity of Maryland Medical System 401(a) Defined Contribution PlanUniversity of Maryland Medic…$413M
End-of-year total assets ($M) among Medical Information Technology, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$430M
Net Assets (End of Year)$414M
Net Income-$16M
Employer EIN042455639
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Information Technology, Inc)

Sponsor-wide plan assets over time

All Medical Information Technology, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$513M 9.682321072384875% vs 2022
2024 filing year
$460M$480M$500M$520M 202220232024 $467M $513M ▲ +9.7%
Year Plans Participants Total Assets
2022 2 6,350 $467M
2023 2 6,511 $483M
2024 2 6,639 $513M

Nearby Profit Sharing Plans in Massachusetts

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

Medical Information Technology, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Medical Information Technology, Inc. Profit Sharing Plan, Total assets ($B): 0.414129345 · Participants: 3109Medical Information Technology, Inc. Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 12.088048631 · Participants: 74556Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 0.873013175 · Participants: 12106Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.635251544 · Participants: 4216Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.573445261 · Participants: 5008The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.540464451 · Participants: 2153Sheet Metal Workers Local 17 Annuity Income Fund
Medical Information Technology, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Medical Information Technology, Inc. Profit Sharing Plan side-by-side with 3 peers →

Medical Information Technology, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan in PA ($415M); by covered participants it is Peacehealth Southwest Medical Center Employer Contribution Plan in WA (3,089 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,109 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Medical Information Technology, Inc. Profit Sharing Plan assets move in 2022? ▼
Medical Information Technology, Inc. Profit Sharing Plan edged down modestly - down 3.6% during 2022, from $430M to $414M. Reported net income was -$16M.
How have Medical Information Technology, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medical Information Technology, Inc's sponsor-wide assets grew 9.7%, from $467M to $513M.
Where does Medical Information Technology, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Medical Information Technology, Inc. Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Medical Information Technology, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Lehigh Valley Health Network, Inc. Defined Contribution Retirement Plan in PA ($415M, 14,363 participants).
Which Profit Sharing plans cover a similar participant headcount to Medical Information Technology, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Peacehealth Southwest Medical Center Employer Contribution Plan in WA (3,089 participants, $173M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042455639.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.