401(k) · DOL Form 5500 · 2022

Avanos Medical, Inc. 401(k) Plan

Data updated 2026-08-11

$258M
Total assets
959
Participants
96th
Percentile by assets
$269,320
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Avanos Medical, Inc. 401(k) Plan · Sponsored by Avanos Medical, Inc. · Georgia · Manufacturing

$258M in assets, 959 participants

Avanos Medical, Inc.'s Avanos Medical, Inc. 401(k) Plan reported $258M in total assets and 959 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,417 in Manufacturing (20,602 peers)

Where Avanos Medical, Inc. 401(k) Plan sits by assets

Avanos Medical, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $258M for 959 participants (~$269,320/participant), down 19.9% in 2022.

$258M
total plan assets (2022 EOY)
959
covered participants
96th
percentile by assets (of 139,126 plans)
$269,320
avg assets per participant

The plan reported a net loss of $64M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Avanos Medical, Inc. 401(k) Plan vs the 2022 asset distribution

By assets, Avanos Medical, Inc. 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

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

Sponsor Plan History (Avanos Medical, Inc.)

$240M$260M$280M$300M$320M 202220232024 $258M $311M ▲ +20.4%
Total plan assets by year, all Avanos Medical, Inc. plans on file
Year Plans Participants Total Assets
2022 1 959 $258M
2023 1 958 $287M
2024 1 869 $311M

Nearby 401(k) Plans in Georgia

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

Avanos Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Avanos Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Avanos Medical, Inc.…The Teamster-UPS Nat…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401 (K) Savings …The Home Depot Futur…
Avanos Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Avanos Medical, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Avanos Medical, Inc. 401(k) Plan assets move in 2022?
Avanos Medical, Inc. 401(k) Plan declined sharply - down 19.9% during 2022, from $323M to $258M. Reported net income was -$64M.
How have Avanos Medical, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Avanos Medical, Inc.'s sponsor-wide assets grew 20.4%, from $258M to $311M.
Where does Avanos Medical, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Avanos Medical, Inc. 401(k) Plan ranks in the 96th 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 401(k) plans are similar in size to Avanos Medical, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Northwest Natural Gas Company Retirement K Savings Plan in OR ($258M, 1,134 participants).

Next read for Avanos Medical, Inc. 401(k) Plan

Scale reading

Ways to act on Avanos Medical, Inc. 401(k) Plan's numbers.