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

Canon Medical Informatics, Inc. Savings Plan

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

Sponsored by Canon Medical Informatics, Inc. · Minnesota · Information & Media

What the 2023 filing shows

Canon Medical Informatics, Inc. Savings Plan holds $45M for 218 participants — about $205,933 per participant, down 16.8% over the 2022 plan year.

$45M
total plan assets (2022 EOY)
218
covered participants
$205,933
avg assets per participant
-16.8%
assets change YoY

The plan reported a net loss of $9M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$45M
Participants
218
State
Industry
Information & Media

What the Filing Says About Canon Medical Informatics, Inc. Savings Plan

Canon Medical Informatics, Inc. Savings Plan is a 401(k) retirement plan sponsored by Canon Medical Informatics, Inc., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $45M in total end-of-year assets and covers 218 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 421321776, and the plan has been effective since 1997-05-12. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $54M at the beginning of 2022 to $45M at year-end — a decline of 16.8%. Net assets (after liabilities) closed the year at $45M, with reported net income of $-9,084,908 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)$54M
Total Assets (End of Year)$45M
Net Assets (End of Year)$45M
Net Income$-9,084,908
Plan Type401(k)
Employer EIN421321776
Plan Effective Date1997-05-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Canon Medical Informatics, Inc.)

Year Plans Participants Total Assets
2022 1 218 $45M
2023 1 218 $52M
2024 1 194 $54M

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Frequently Asked Questions

How much money is in the Canon Medical Informatics, Inc. Savings Plan?
As of the 2022 Form 5500 filing, Canon Medical Informatics, Inc. Savings Plan holds $45M in total assets with 218 participants. It is sponsored by Canon Medical Informatics, Inc..
What type of plan is Canon Medical Informatics, Inc. Savings Plan?
Canon Medical Informatics, Inc. Savings Plan is a 401(k) plan. It has been effective since 1997-05-12. The plan is filed with the U.S. Department of Labor under EIN 421321776.
Who sponsors the Canon Medical Informatics, Inc. Savings Plan?
Canon Medical Informatics, Inc. Savings Plan is sponsored by Canon Medical Informatics, Inc., located in Minnesota. The sponsor's EIN is 421321776 and the plan operates in the Information & Media industry.
How did Canon Medical Informatics, Inc. Savings Plan perform in 2022?
Canon Medical Informatics, Inc. Savings Plan declined by 16.8% during 2022, moving from $54M to $45M in total assets. Net income was $-9,084,908.
Where can I find official filings for Canon Medical Informatics, Inc. Savings Plan?
Official Form 5500 filings for Canon Medical Informatics, Inc. Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421321776 or plan name at efast.dol.gov.
How does Canon Medical Informatics, Inc. Savings Plan compare to other plans?
You can compare Canon Medical Informatics, Inc. Savings Plan against other 401(k) plans on the plan type page, or view plans in Minnesota 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 421321776.

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.