Medical Priority Consultants 401(k) Plan

Compiled by PlainRetire Editorial, Retirement Plans Editorial Team

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

Sponsored by Medical Priority Consultants, Inc. · Utah · Educational Services

What the 2023 filing shows

Medical Priority Consultants 401(k) Plan holds $18M for 172 participants - about $105,709 per participant, down 25.1% over the 2022 plan year.

$18M
total plan assets (2022 EOY): 172
covered participants: $105,709
avg assets per participant: -25.1%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$18M

Participants

172

State

Utah

Industry

Educational Services

What the Filing Says About Medical Priority Consultants 401(k) Plan

Medical Priority Consultants 401(k) Plan is a Profit Sharing retirement plan sponsored by Medical Priority Consultants, Inc., headquartered in Utah. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 172 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 870447422, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2022 to $18M at year-end — a decline of 25.1%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-6,107,509 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)	$24M
Total Assets (End of Year)	$18M
Net Assets (End of Year)	$18M
Net Income	$-6,107,509
Plan Type	Profit Sharing
Employer EIN	870447422
Plan Effective Date	1996-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Medical Priority Consultants, Inc.)

Year	Plans	Participants	Total Assets
2022	1	172	$18M
2023	1	197	$24M
2024	1	238	$29M

Nearby Profit Sharing Plans in Utah

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Chg Companies, Inc. Employee 401(k) Plan $418M · 7,365
O.C. Tanner Retirement & Savings Plan $328M · 1,195
Intermountain Healthcare Tax Deferred Savings 403(b) Plan $310M · 41,571
Brigham Young University Tax-Deferred Annuity Plan $191M · 7,029
Extra Space Management, Inc. 401(k) Plan $136M · 4,176

Compare Medical Priority Consultants 401(k) Plan side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the Medical Priority Consultants 401(k) Plan? ▼

As of the 2022 Form 5500 filing, Medical Priority Consultants 401(k) Plan holds $18M in total assets with 172 participants. It is sponsored by Medical Priority Consultants, Inc..

What type of plan is Medical Priority Consultants 401(k) Plan? ▼

Medical Priority Consultants 401(k) Plan is a Profit Sharing plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 870447422.

Who sponsors the Medical Priority Consultants 401(k) Plan? ▼

Medical Priority Consultants 401(k) Plan is sponsored by Medical Priority Consultants, Inc., located in Utah. The sponsor's EIN is 870447422 and the plan operates in the Educational Services industry.

How did Medical Priority Consultants 401(k) Plan perform in 2022? ▼

Medical Priority Consultants 401(k) Plan declined by 25.1% during 2022, moving from $24M to $18M in total assets. Net income was $-6,107,509.

Where can I find official filings for Medical Priority Consultants 401(k) Plan? ▼

Official Form 5500 filings for Medical Priority Consultants 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 870447422 or plan name at efast.dol.gov.

How does Medical Priority Consultants 401(k) Plan compare to other plans? ▼

You can compare Medical Priority Consultants 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Utah on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.