401(k) · DOL Form 5500 · 2022

Jason Pharmaceuticals, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
872
Participants Near avg headcount
81st
Percentile by assets National rank
$29,700
Avg per participant Low balance/head
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Official DOL plan name: Medifast, Inc. 401(k) Plan · Sponsored by Jason Pharmaceuticals, Inc. · Maryland · Manufacturing

$26M in assets, 872 participants

Jason Pharmaceuticals, Inc.'s Medifast, Inc. 401(k) Plan reported $26M in total assets and 872 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #15,035 in Manufacturing (20,602 peers)

Where Medifast, Inc. 401(k) Plan sits by assets

Medifast, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $26M for 872 participants (~$29,700/participant), down 6.3% in 2022.

#15,035
in Manufacturing (20,602 peers)
-6.3%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medifast, Inc. 401(k) Plan's outsized position by total assets

Medifast, Inc. 401(k) Plan vs every filed plan by assets

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

$25,898,517 Top 19% higher than 81% 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

Medifast, Inc. 401(k) Plan 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. Medifast, Inc. 401(k) Plan sits mid-pack in the medium band (872 participants).

Form 5500 schedule snapshot

Filing strip 521237423 · Jason Pharmaceuticals, Inc. PY 2022 · 401(k)

Medifast, Inc. 401(k) Plan · $26M · 872 · 81st

  • IND $26M
  • IND 872
  • IND 81st
  • IND 401(k)
  • IND near Marine Credit Union 401(k) Plan and Trust
  • IND ind #15035

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 Manufacturing retirement plans → · Plans in Maryland →

Medifast, Inc. 401(k) Plan in the asset neighbourhood

Medifast, Inc. 401(k) Plan$26MMarine Credit Union 401(k) Plan and TrustMarine Credit Union 401(k) P…$26MHilltop National Bank 401(k) Savings PlanHilltop National Bank 401(k)…$26MRichards, Inc. 401(k) Profit Sharing Plan and TrustRichards, Inc. 401(k) Profit…$26MSanta Cruz Seaside Company Profit Sharing and 401(k) PlanSanta Cruz Seaside Company P…$26M
End-of-year total assets ($M) among Medifast, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$26M
Net Income-$2M
Employer EIN521237423
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jason Pharmaceuticals, Inc.)

Sponsor-wide plan assets over time

All Jason Pharmaceuticals, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$42M 61.504004264027934% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $25.9M $41.8M ▲ +61.5%
Year Plans Participants Total Assets
2022 1 872 $26M
2023 1 833 $34M
2024 1 631 $42M

Nearby 401(k) Plans in Maryland

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

Medifast, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Medifast, Inc. 401(k) Plan, Total assets ($B): 0.025898517 · Participants: 872Medifast, Inc. 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Medifast, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Medifast, Inc. 401(k) Plan side-by-side with 3 peers →

Medifast, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Marine Credit Union 401(k) Plan and Trust in WI ($26M); by covered participants it is Efi 401(k) Savings Plan in CA (872 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (872 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 Medifast, Inc. 401(k) Plan assets move in 2022? ▼
Medifast, Inc. 401(k) Plan pulled back noticeably - down 6.3% during 2022, from $28M to $26M. Reported net income was -$2M.
How have Jason Pharmaceuticals, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Jason Pharmaceuticals, Inc.'s sponsor-wide assets grew 61.5%, from $26M to $42M.
Where does Medifast, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Medifast, Inc. 401(k) Plan ranks in the 81st 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 Medifast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marine Credit Union 401(k) Plan and Trust in WI ($26M, 409 participants).
Which 401(k) plans cover a similar participant headcount to Medifast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Efi 401(k) Savings Plan in CA (872 participants, $219M 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 521237423.

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.