Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Medical Center Clinic 401(k) Retirement Plan

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

Sponsored by West Florida Medical Center Clinic, P.a. · Florida · Healthcare & Social Assistance

What the 2023 filing shows

Medical Center Clinic 401(k) Retirement Plan holds $95M for 304 participants — about $313,836 per participant, down 20.5% over the 2022 plan year.

$95M
total plan assets (2022 EOY)
304
covered participants
$313,836
avg assets per participant
-20.5%
assets change YoY

The plan reported a net loss of $25M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$95M
Participants
304
State
Industry
Healthcare & Social Assistance

What the Filing Says About Medical Center Clinic 401(k) Retirement Plan

Medical Center Clinic 401(k) Retirement Plan is a Profit Sharing retirement plan sponsored by West Florida Medical Center Clinic, P.a., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $95M in total end-of-year assets and covers 304 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 592193856, and the plan has been effective since 1982-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $120M at the beginning of 2022 to $95M at year-end — a decline of 20.5%. Net assets (after liabilities) closed the year at $95M, with reported net income of $-24,572,175 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)$120M
Total Assets (End of Year)$95M
Net Assets (End of Year)$95M
Net Income$-24,572,175
Plan TypeProfit Sharing
Employer EIN592193856
Plan Effective Date1982-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Florida Medical Center Clinic, P.a.)

Year Plans Participants Total Assets
2022 1 304 $95M
2023 1 257 $110M
2024 1 312 $127M

Nearby Profit Sharing Plans in Florida

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Frequently Asked Questions

How much money is in the Medical Center Clinic 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Medical Center Clinic 401(k) Retirement Plan holds $95M in total assets with 304 participants. It is sponsored by West Florida Medical Center Clinic, P.a..
What type of plan is Medical Center Clinic 401(k) Retirement Plan?
Medical Center Clinic 401(k) Retirement Plan is a Profit Sharing plan. It has been effective since 1982-07-01. The plan is filed with the U.S. Department of Labor under EIN 592193856.
Who sponsors the Medical Center Clinic 401(k) Retirement Plan?
Medical Center Clinic 401(k) Retirement Plan is sponsored by West Florida Medical Center Clinic, P.a., located in Florida. The sponsor's EIN is 592193856 and the plan operates in the Healthcare & Social Assistance industry.
How did Medical Center Clinic 401(k) Retirement Plan perform in 2022?
Medical Center Clinic 401(k) Retirement Plan declined by 20.5% during 2022, moving from $120M to $95M in total assets. Net income was $-24,572,175.
Where can I find official filings for Medical Center Clinic 401(k) Retirement Plan?
Official Form 5500 filings for Medical Center Clinic 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592193856 or plan name at efast.dol.gov.
How does Medical Center Clinic 401(k) Retirement Plan compare to other plans?
You can compare Medical Center Clinic 401(k) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Florida 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 592193856.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.