401(k) · DOL Form 5500 · 2022

Medicago USA, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
192
Participants Below avg headcount
70th
Percentile by assets National rank
$66,278
Avg per participant Below avg balance/head
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Official DOL plan name: Medicago Retirement Plan · Sponsored by Medicago USA, Inc. · North Carolina · Manufacturing

$13M in assets, 192 participants

Medicago USA, Inc.'s Medicago Retirement Plan reported $13M in total assets and 192 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,974 in Manufacturing (20,602 peers)

Coverage in North Carolina

Medicago Retirement Plan covers 192 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#11,974
in Manufacturing (20,602 peers)
-4.0%
assets change YoY

The plan reported a net loss of $524K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medicago Retirement Plan's outsized position by total assets

Medicago Retirement Plan vs every filed plan by assets

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

$12,725,443 Top 30% higher than 70% 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

Medicago Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medicago Retirement Plan sits mid-pack in the medium band (192 participants).

Form 5500 schedule snapshot

Filing strip 460524801 · Medicago USA, Inc. PY 2022 · 401(k)

Medicago Retirement Plan · $13M · 192 · 70th

  • NET $13M
  • NET 192
  • NET 70th
  • NET 401(k)
  • NET near Semmes, Bowen & Semmes 401(k)Plan
  • NET ind #11974

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 North Carolina →

Medicago Retirement Plan in the asset neighbourhood

Medicago Retirement Plan$13MSemmes, Bowen & Semmes 401(k)PlanSemmes, Bowen & Semmes 401(k…$13MWagner 401(k) Plan$13MWolverine Building Group, Inc. Savings and Retirement PlanWolverine Building Group, In…$13MPort Imperial Ferry Corp. 401(k) PlanPort Imperial Ferry Corp. 40…$13M
End-of-year total assets ($M) among Medicago Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income-$524K
Employer EIN460524801
Plan Effective Date2019-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medicago USA, Inc.)

Sponsor-wide plan assets over time

All Medicago USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 21.839915514139665% vs 2022
2023 filing year
$9M$10M$11M$12M$13M$14M 20222023 $12.7M $9.95M ▼ -21.8%
Year Plans Participants Total Assets
2022 1 192 $13M
2023 2 173 $10M

Nearby 401(k) Plans in North Carolina

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

Medicago Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Medicago Retirement Plan, Total assets ($B): 0.012725443 · Participants: 192Medicago Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Medicago Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Medicago Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Semmes, Bowen & Semmes 401(k)Plan in MD ($13M); by covered participants it is Discovery Living, Inc. 401(k) Plan in IA (192 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Medicago Retirement Plan assets move in 2022?
Medicago Retirement Plan edged down modestly - down 4.0% during 2022, from $13M to $13M. Reported net income was -$524K.
How have Medicago USA, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Medicago USA, Inc.'s sponsor-wide assets declined 21.8%, from $13M to $10M.
Which 401(k) plans are similar in size to Medicago Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Semmes, Bowen & Semmes 401(k)Plan in MD ($13M, 139 participants).
Which 401(k) plans cover a similar participant headcount to Medicago Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Discovery Living, Inc. 401(k) Plan in IA (192 participants, $2M in assets).