ESOP
2022 plan-year ESOP DOL Form 5500

AVANOS MEDICAL, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

AVANOS MEDICAL, INC.

This ESOP plan holds $258M in total assets and serves 959 participants as of 2022. It is sponsored by AVANOS MEDICAL, INC. in Georgia. The plan reported a net loss of $64M for the year.

Total Assets (2023)
$258M
Participants
959
State
Industry
Manufacturing

What the Filing Says About AVANOS MEDICAL, INC. 401(K) PLAN

AVANOS MEDICAL, INC. 401(K) PLAN is a ESOP retirement plan sponsored by AVANOS MEDICAL, INC., headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $258M in total end-of-year assets and covers 959 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 464987888, and the plan has been effective since 2014-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $323M at the beginning of 2022 to $258M at year-end — a decline of 19.9%. Net assets (after liabilities) closed the year at $258M, with reported net income of $-64,312,038 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$323M
Total Assets (End of Year)$258M
Net Assets (End of Year)$258M
Net Income$-64,312,038
Plan TypeESOP
Employer EIN464987888
Plan Effective Date2014-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (AVANOS MEDICAL, INC.)

Year Plans Participants Total Assets
2022 1 959 $258M
2023 1 958 $287M
2024 1 869 $311M

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Frequently Asked Questions

How much money is in the AVANOS MEDICAL, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, AVANOS MEDICAL, INC. 401(K) PLAN holds $258M in total assets with 959 participants. It is sponsored by AVANOS MEDICAL, INC..
What type of plan is AVANOS MEDICAL, INC. 401(K) PLAN?
AVANOS MEDICAL, INC. 401(K) PLAN is a ESOP plan. It has been effective since 2014-11-01. The plan is filed with the U.S. Department of Labor under EIN 464987888.
Who sponsors the AVANOS MEDICAL, INC. 401(K) PLAN?
AVANOS MEDICAL, INC. 401(K) PLAN is sponsored by AVANOS MEDICAL, INC., located in Georgia. The sponsor's EIN is 464987888 and the plan operates in the Manufacturing industry.
How did AVANOS MEDICAL, INC. 401(K) PLAN perform in 2022?
AVANOS MEDICAL, INC. 401(K) PLAN declined by 19.9% during 2022, moving from $323M to $258M in total assets. Net income was $-64,312,038.
Where can I find official filings for AVANOS MEDICAL, INC. 401(K) PLAN?
Official Form 5500 filings for AVANOS MEDICAL, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 464987888 or plan name at efast.dol.gov.
How does AVANOS MEDICAL, INC. 401(K) PLAN compare to other plans?
You can compare AVANOS MEDICAL, INC. 401(K) PLAN against other ESOP plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 464987888.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.