401(k) · DOL Form 5500 · 2022

Madison County Memorial Hospital 401(k) Savings Plan

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

$2M
Total assets
117
Participants
9th
Percentile by assets

Sponsored by Madison County Hospital Health Systems, Inc. · Florida · Healthcare & Social Assistance

What the 2022 filing shows

Madison County Memorial Hospital 401(k) Savings Plan holds $2M for 117 participants - about $13,490 per participant, among the smaller plans by assets on file, down 13.5% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
117
covered participants
9th
percentile by assets (of 84,055 plans)
$13,490
avg assets per participant

The plan reported a net loss of $247K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
117
State
Industry
Healthcare & Social Assistance

What the Filing Says About Madison County Memorial Hospital 401(k) Savings Plan

Madison County Memorial Hospital 401(k) Savings Plan is a 401(k) retirement plan sponsored by Madison County Hospital Health Systems, Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 117 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 592319288, and the plan has been effective since 1997-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $2M at year-end - a decline of 13.5%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-247,213 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.

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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-247,213
Plan Type401(k)
Employer EIN592319288
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Madison County Memorial Hospital 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Madison County Memorial Hospital 401(k) Savings Plan holds $2M in total assets with 117 participants. It is sponsored by Madison County Hospital Health Systems, Inc..
What type of plan is Madison County Memorial Hospital 401(k) Savings Plan?
Madison County Memorial Hospital 401(k) Savings Plan is a 401(k) plan. It has been effective since 1997-07-01. The plan is filed with the U.S. Department of Labor under EIN 592319288.
Who sponsors the Madison County Memorial Hospital 401(k) Savings Plan?
Madison County Memorial Hospital 401(k) Savings Plan is sponsored by Madison County Hospital Health Systems, Inc., located in Florida. The sponsor's EIN is 592319288 and the plan operates in the Healthcare & Social Assistance industry.
How did Madison County Memorial Hospital 401(k) Savings Plan perform in 2022?
Madison County Memorial Hospital 401(k) Savings Plan declined by 13.5% during 2022, moving from $2M to $2M in total assets. Net income was $-247,213.
Where can I find official filings for Madison County Memorial Hospital 401(k) Savings Plan?
Official Form 5500 filings for Madison County Memorial Hospital 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592319288 or plan name at efast.dol.gov.
How does Madison County Memorial Hospital 401(k) Savings Plan compare to other plans?
You can compare Madison County Memorial Hospital 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks all 133,317 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 592319288.

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.