401(k)
2022 plan-year 401(k) DOL Form 5500

Afmc 401(k) Retirement Plan

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

Sponsored by Arkansas Foundation for Medical · Arkansas · Other Services

What the 2023 filing shows

Afmc 401(k) Retirement Plan holds $17M for 366 participants — about $45,783 per participant, down 15.7% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
366
covered participants
$45,783
avg assets per participant
-15.7%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
366
State
Industry
Other Services

What the Filing Says About Afmc 401(k) Retirement Plan

Afmc 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Arkansas Foundation for Medical, headquartered in Arkansas. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 366 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 237237381, and the plan has been effective since 1976-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2022 to $17M at year-end — a decline of 15.7%. Net assets (after liabilities) closed the year at $17M, with reported net income of $-3,109,259 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)$20M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-3,109,259
Plan Type401(k)
Employer EIN237237381
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Arkansas Foundation for Medical)

Year Plans Participants Total Assets
2022 1 366 $17M
2023 1 323 $19M
2024 1 303 $21M

Nearby 401(k) Plans in Arkansas

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

Frequently Asked Questions

How much money is in the Afmc 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Afmc 401(k) Retirement Plan holds $17M in total assets with 366 participants. It is sponsored by Arkansas Foundation for Medical.
What type of plan is Afmc 401(k) Retirement Plan?
Afmc 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1976-01-01. The plan is filed with the U.S. Department of Labor under EIN 237237381.
Who sponsors the Afmc 401(k) Retirement Plan?
Afmc 401(k) Retirement Plan is sponsored by Arkansas Foundation for Medical, located in Arkansas. The sponsor's EIN is 237237381 and the plan operates in the Other Services industry.
How did Afmc 401(k) Retirement Plan perform in 2022?
Afmc 401(k) Retirement Plan declined by 15.7% during 2022, moving from $20M to $17M in total assets. Net income was $-3,109,259.
Where can I find official filings for Afmc 401(k) Retirement Plan?
Official Form 5500 filings for Afmc 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 237237381 or plan name at efast.dol.gov.
How does Afmc 401(k) Retirement Plan compare to other plans?
You can compare Afmc 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Arkansas 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 237237381.

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