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

Med-Fast Pharmacy, Inc. Profit Sharing Plan

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

Sponsored by Med-Fast Pharmacy, Inc. ยท Pennsylvania ยท Retail Trade

What the 2023 filing shows

Med-Fast Pharmacy, Inc. Profit Sharing Plan holds $5M for 56 participants - about $91,083 per participant, down 31.9% over the 2022 plan year.

$5M
total plan assets (2022 EOY)
56
covered participants
$91,083
avg assets per participant
-31.9%
assets change YoY

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

Total Assets (2023)
$5M
Participants
56
State
Industry
Retail Trade

What the Filing Says About Med-Fast Pharmacy, Inc. Profit Sharing Plan

Med-Fast Pharmacy, Inc. Profit Sharing Plan is a 401(k) retirement plan sponsored by Med-Fast Pharmacy, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 56 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 251631348, and the plan has been effective since 1994-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $5M at year-end โ€” a decline of 31.9%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-2,388,103 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 โ€” 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)$7M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-2,388,103
Plan Type401(k)
Employer EIN251631348
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Med-Fast Pharmacy, Inc.)

Year Plans Participants Total Assets
2022 1 56 $5M
2023 1 53 $5M
2024 1 51 $6M

Nearby 401(k) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the Med-Fast Pharmacy, Inc. Profit Sharing Plan?
As of the 2022 Form 5500 filing, Med-Fast Pharmacy, Inc. Profit Sharing Plan holds $5M in total assets with 56 participants. It is sponsored by Med-Fast Pharmacy, Inc..
What type of plan is Med-Fast Pharmacy, Inc. Profit Sharing Plan?
Med-Fast Pharmacy, Inc. Profit Sharing Plan is a 401(k) plan. It has been effective since 1994-05-01. The plan is filed with the U.S. Department of Labor under EIN 251631348.
Who sponsors the Med-Fast Pharmacy, Inc. Profit Sharing Plan?
Med-Fast Pharmacy, Inc. Profit Sharing Plan is sponsored by Med-Fast Pharmacy, Inc., located in Pennsylvania. The sponsor's EIN is 251631348 and the plan operates in the Retail Trade industry.
How did Med-Fast Pharmacy, Inc. Profit Sharing Plan perform in 2022?
Med-Fast Pharmacy, Inc. Profit Sharing Plan declined by 31.9% during 2022, moving from $7M to $5M in total assets. Net income was $-2,388,103.
Where can I find official filings for Med-Fast Pharmacy, Inc. Profit Sharing Plan?
Official Form 5500 filings for Med-Fast Pharmacy, Inc. Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 251631348 or plan name at efast.dol.gov.
How does Med-Fast Pharmacy, Inc. Profit Sharing Plan compare to other plans?
You can compare Med-Fast Pharmacy, Inc. Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania 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) โ€” original filing retrieval by EIN 251631348.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” 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.