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

Med-Smart, Inc. 401(k) Plan

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

Sponsored by Med-Smart, Inc. ยท Nevada ยท Healthcare & Social Assistance

What the 2023 filing shows

Med-Smart, Inc. 401(k) Plan holds $8M for 484 participants - about $17,538 per participant, down 11.1% over the 2022 plan year.

$8M
total plan assets (2022 EOY)
484
covered participants
$17,538
avg assets per participant
-11.1%
assets change YoY

The plan reported a net loss of $1M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$8M
Participants
484
State
Industry
Healthcare & Social Assistance

What the Filing Says About Med-Smart, Inc. 401(k) Plan

Med-Smart, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Med-Smart, Inc., headquartered in Nevada. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 484 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 880447584, and the plan has been effective since 2002-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $8M at year-end โ€” a decline of 11.1%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-1,054,496 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)$10M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$-1,054,496
Plan Type401(k)
Employer EIN880447584
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Med-Smart, Inc.)

Year Plans Participants Total Assets
2022 1 484 $8M
2023 1 512 $11M
2024 1 523 $13M

Nearby 401(k) Plans in Nevada

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Frequently Asked Questions

How much money is in the Med-Smart, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Med-Smart, Inc. 401(k) Plan holds $8M in total assets with 484 participants. It is sponsored by Med-Smart, Inc..
What type of plan is Med-Smart, Inc. 401(k) Plan?
Med-Smart, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2002-01-01. The plan is filed with the U.S. Department of Labor under EIN 880447584.
Who sponsors the Med-Smart, Inc. 401(k) Plan?
Med-Smart, Inc. 401(k) Plan is sponsored by Med-Smart, Inc., located in Nevada. The sponsor's EIN is 880447584 and the plan operates in the Healthcare & Social Assistance industry.
How did Med-Smart, Inc. 401(k) Plan perform in 2022?
Med-Smart, Inc. 401(k) Plan declined by 11.1% during 2022, moving from $10M to $8M in total assets. Net income was $-1,054,496.
Where can I find official filings for Med-Smart, Inc. 401(k) Plan?
Official Form 5500 filings for Med-Smart, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880447584 or plan name at efast.dol.gov.
How does Med-Smart, Inc. 401(k) Plan compare to other plans?
You can compare Med-Smart, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Nevada 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 880447584.

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.