401(k) · DOL Form 5500 · 2022

Fortec Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
545
Participants Below avg headcount
86th
Percentile by assets National rank
$71,290
Avg per participant Below avg balance/head
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Official DOL plan name: Fortec Medical, Inc. 401(k) Profit Sharing · Sponsored by Fortec Medical, Inc. · Ohio · Healthcare & Social Assistance

$39M in assets, 545 participants

Fortec Medical, Inc.'s Fortec Medical, Inc. 401(k) Profit Sharing reported $39M in total assets and 545 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,638 in Healthcare & Social Assistance (20,060 peers)

Where Fortec Medical, Inc. 401(k) Profit Sharing sits by assets

Fortec Medical, Inc. 401(k) Profit Sharing sits in the top quartile of all filed plans by assets, $39M for 545 participants (~$71,290/participant), down 14.3% in 2022.

#17,638
in Healthcare & Social Assistance (20,060 peers)
-14.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Fortec Medical, Inc. 401(k) Profit Sharing's outsized position by total assets

Fortec Medical, Inc. 401(k) Profit Sharing vs every filed plan by assets

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

$38,853,073 Top 14% higher than 86% 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

Fortec Medical, Inc. 401(k) Profit Sharing 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. Fortec Medical, Inc. 401(k) Profit Sharing sits mid-pack in the medium band (545 participants).

Form 5500 schedule snapshot

Filing strip 341662721 · Fortec Medical, Inc. PY 2022 · 401(k)

Fortec Medical, Inc. 401(k) Profit Sharing · $39M · 545 · 86th

  • RANK $39M
  • PHOTO 545
  • IND 86th
  • EOY 401(k)
  • 5500 near Academy Salary Savings Plan
  • ASSETS ind #17638

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 Healthcare & Social Assistance retirement plans → · Plans in Ohio →

Fortec Medical, Inc. 401(k) Profit Sharing in the asset neighbourhood

S&k Technologies, Inc. 401(k) Profit Sharing Plan and TrustS&k Technologies, Inc. 401(k…$39MAllegiance Benefit Plan Management, Inc. 401(k) PlanAllegiance Benefit Plan Mana…$39MVector North America, Inc. 401(k) PlanVector North America, Inc. 4…$39MFortec Medical, Inc. 401(k) Profit SharingFortec Medical, Inc. 401(k) …$39MAcademy Salary Savings Plan$39M
End-of-year total assets ($M) among Fortec Medical, Inc. 401(k) Profit Sharing and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$6M
Employer EIN341662721
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortec Medical, Inc.)

Sponsor-wide plan assets over time

All Fortec Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$59M 52.73845134463366% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $38.9M $59.3M ▲ +52.7%
Year Plans Participants Total Assets
2022 1 545 $39M
2023 1 567 $48M
2024 1 638 $59M

Nearby 401(k) Plans in Ohio

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

Fortec Medical, Inc. 401(k) Profit Sharing vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Fortec Medical, Inc. 401(k) Profit Sharing, Total assets ($B): 0.038853073 · Participants: 545Fortec Medical, Inc. 401(k) Profit SharingThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Fortec Medical, Inc. 401(k) Profit Sharing vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Fortec Medical, Inc. 401(k) Profit Sharing side-by-side with 3 peers →

Fortec Medical, Inc. 401(k) Profit Sharing's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Academy Salary Savings Plan in NJ ($39M); by covered participants it is Range Resources Corporation 401(k) Plan in TX (545 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (545 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 Fortec Medical, Inc. 401(k) Profit Sharing assets move in 2022? ▼
Fortec Medical, Inc. 401(k) Profit Sharing pulled back noticeably - down 14.3% during 2022, from $45M to $39M. Reported net income was -$6M.
How have Fortec Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fortec Medical, Inc.'s sponsor-wide assets grew 52.7%, from $39M to $59M.
Where does Fortec Medical, Inc. 401(k) Profit Sharing rank by assets among Form 5500 filers? ▼
Fortec Medical, Inc. 401(k) Profit Sharing ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fortec Medical, Inc. 401(k) Profit Sharing? ▼
Among 401(k) plans in other states, the closest by assets is Academy Salary Savings Plan in NJ ($39M, 1,164 participants).
Which 401(k) plans cover a similar participant headcount to Fortec Medical, Inc. 401(k) Profit Sharing? ▼
Among 401(k) plans in other states, the closest by covered participants is Range Resources Corporation 401(k) Plan in TX (545 participants, $153M in assets).

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 341662721.

Read our methodology - how this data is sourced, computed, and verified.

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