401(k) · DOL Form 5500 · 2022

Hemant Patel, M.D., P.C. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
37
Participants Small participant base
50th
Percentile by assets National rank
$128,976
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hemant Patel, M.D. Profit Sharing Plan · Sponsored by Hemant Patel, M.D., P.C. · New York · Healthcare & Social Assistance

$5M in assets, 37 participants

Hemant Patel, M.D., P.C.'s Hemant Patel, M.D. Profit Sharing Plan reported $5M in total assets and 37 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • #11,059 in Healthcare & Social Assistance (20,060 peers)

Hemant Patel, M.D., P.C. multi-year trail

Hemant Patel, M.D., P.C.'s plans moved +29.3% in assets from 2022 to 2024; this filing shows Hemant Patel, M.D. Profit Sharing Plan at $5M / 37 participants.

#11,059
in Healthcare & Social Assistance (20,060 peers)
-25.9%
assets change YoY

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.

Hemant Patel, M.D. Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Hemant Patel, M.D. Profit Sharing Plan vs every filed plan by assets

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

$4,772,096 Top 50% higher than 50% 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

Hemant Patel, M.D. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hemant Patel, M.D. Profit Sharing Plan is a small filing (37 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 134087064 · Hemant Patel, M.D., P.C. PY 2022 · 401(k)

Hemant Patel, M.D. Profit Sharing Plan · $5M · 37 · 50th

  • 5500 $5M
  • ASSETS 37
  • PCT 50th
  • EIN 401(k)
  • RANK near The Heritage 401 (K) Plan
  • PHOTO ind #11059

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 New York →

Hemant Patel, M.D. Profit Sharing Plan in the asset neighbourhood

Hemant Patel, M.D. Profit Sharing PlanHemant Patel, M.D. Profit Sh…$5MThe Heritage 401 (K) Plan$5MSnap, Inc. 401(k) Plan$5MAas Services, LLC 401(k) Plan$5MS & B Industry Inc 401(k) PlanS & B Industry Inc 401(k) Pl…$5M
End-of-year total assets ($M) among Hemant Patel, M.D. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Hemant Patel, M.D., P.C. multi-year asset trail

Sponsor-wide plan assets over time

All Hemant Patel, M.D., P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 29.291733894726608% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.39M $10.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 42 $8M
2023 2 29 $11M
2024 2 27 $11M

Hemant Patel, M.D., P.C. filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN134087064
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Hemant Patel, M.D. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hemant Patel, M.D. Profit Sharing Plan, Total assets ($B): 0.004772096 · Participants: 37Hemant Patel, M.D. Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
Hemant Patel, M.D. Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Hemant Patel, M.D. Profit Sharing Plan side-by-side with 3 peers →

Hemant Patel, M.D. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Heritage 401 (K) Plan in CA ($5M); by covered participants it is Parham LLC Safe Harbor 401(k) Plan in TN (37 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (37 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 Hemant Patel, M.D. Profit Sharing Plan assets move in 2022? ▼
Hemant Patel, M.D. Profit Sharing Plan declined sharply - down 25.9% during 2022, from $6M to $5M. Reported net income was -$2M.
How have Hemant Patel, M.D., P.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hemant Patel, M.D., P.C.'s sponsor-wide assets grew 29.3%, from $8M to $11M.
Which 401(k) plans are similar in size to Hemant Patel, M.D. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Heritage 401 (K) Plan in CA ($5M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Hemant Patel, M.D. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Parham LLC Safe Harbor 401(k) Plan in TN (37 participants, $438K 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 134087064.

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.