401(k) · DOL Form 5500 · 2022

Merit Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$154M
Total assets
2,709
Participants
95th
Percentile by assets
$56,682
Avg per participant
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Official DOL plan name: Merit Medical Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Merit Medical Systems, Inc. · Utah · Manufacturing

$154M in assets, 2,709 participants

Merit Medical Systems, Inc.'s Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported $154M in total assets and 2,709 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #18,901 in Manufacturing (20,602 peers)

Coverage in Utah

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan covers 2,709 participants in Utah, 4.6x the typical Utah plan (state average ~592 per filing). Assets: $154M.

$154M
total plan assets (2022 EOY)
2,709
covered participants
95th
percentile by assets (of 139,126 plans)
$56,682
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Merit Medical Systems, Inc. 401(k) Profit Sharing Plan sits by total assets

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

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

$153,551,550 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Utah
Industry
Manufacturing

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reports 2,709 participants - 4.6x that state average ($154M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$170M
Net Assets (End of Year)$153M
Net Income-$17M
Employer EIN870447695
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merit Medical Systems, Inc.)

$140M$160M$180M$200M$220M$240M 202220232024 $154M $217M ▲ +41.4%
Total plan assets by year, all Merit Medical Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,709 $154M
2023 1 2,590 $186M
2024 1 3,015 $217M

Nearby 401(k) Plans in Utah

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

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -1012345 Total assets ($B) Participants Merit Medical System…, Total assets ($B): 0.15355155 · Participants: 2709Merit Medical System…Deseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Health…, Total assets ($B): 3.594057 · Participants: 42446Intermountain Health…Zions Bancorporation…, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation…Skywest, Inc. Employ…, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employ…Autoliv Asp, Inc. Em…, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Em…
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Merit Medical Systems, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Merit Medical Systems, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 9.7% during 2022, from $170M to $154M. Reported net income was -$17M.
How have Merit Medical Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merit Medical Systems, Inc.'s sponsor-wide assets grew 41.4%, from $154M to $217M.
Where does Merit Medical Systems, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Geisinger Health Plan 401(k) Savings Plan in PA ($154M, 1,805 participants).

Next read for Merit Medical Systems, Inc. 401(k) Profi…

Filing takeaways

Ways to act on Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Merit Medical Systems, Inc. 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
  • Merit Medical Systems, Inc.'s sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 870447695.

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.