401(k)
2022 plan-year 401(k) DOL Form 5500

GALILEE MEDICAL 401K

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

GALILEE MEDICAL

This 401(k) plan holds $643K in total assets and serves 101 participants as of 2022. It is sponsored by GALILEE MEDICAL in Illinois. The plan reported a net loss of $50K for the year.

Total Assets (2023)
$643K
Participants
101
State
Industry
Healthcare & Social Assistance

What the Filing Says About GALILEE MEDICAL 401K

GALILEE MEDICAL 401K is a 401(k) retirement plan sponsored by GALILEE MEDICAL, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $643K in total end-of-year assets and covers 101 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 363997185, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $693K at the beginning of 2022 to $643K at year-end — a decline of 7.2%. Net assets (after liabilities) closed the year at $643K, with reported net income of $-50,009 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$693K
Total Assets (End of Year)$643K
Net Assets (End of Year)$643K
Net Income$-50,009
Plan Type401(k)
Employer EIN363997185
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GALILEE MEDICAL)

Year Plans Participants Total Assets
2022 1 101 $643K
2023 1 103 $722K
2024 1 111 $811K

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the GALILEE MEDICAL 401K?
As of the 2022 Form 5500 filing, GALILEE MEDICAL 401K holds $643K in total assets with 101 participants. It is sponsored by GALILEE MEDICAL.
What type of plan is GALILEE MEDICAL 401K?
GALILEE MEDICAL 401K is a 401(k) plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 363997185.
Who sponsors the GALILEE MEDICAL 401K?
GALILEE MEDICAL 401K is sponsored by GALILEE MEDICAL, located in Illinois. The sponsor's EIN is 363997185 and the plan operates in the Healthcare & Social Assistance industry.
How did GALILEE MEDICAL 401K perform in 2022?
GALILEE MEDICAL 401K declined by 7.2% during 2022, moving from $693K to $643K in total assets. Net income was $-50,009.
Where can I find official filings for GALILEE MEDICAL 401K?
Official Form 5500 filings for GALILEE MEDICAL 401K are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 363997185 or plan name at efast.dol.gov.
How does GALILEE MEDICAL 401K compare to other plans?
You can compare GALILEE MEDICAL 401K against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 363997185.

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 official public datasets. See our methodology for details.