401(k) · DOL Form 5500 · 2022
National Medical Care, Inc. 401(k) Plan
Data updated 2026-08-06
- $3.5B
- Total assets
- 63,529
- Participants
- 100th
- Percentile by assets
- $55,847
- Avg per participant
Official DOL plan name: Fresenius Medical Care North America 401 (K) Savings Plan · Sponsored by National Medical Care, Inc. · Massachusetts · Healthcare & Social Assistance
$3.5B in assets, 63,529 participants
National Medical Care, Inc.'s Fresenius Medical Care North America 401 (K) Savings Plan reported $3.5B in total assets and 63,529 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,258 plans)
- #20,053 in Healthcare & Social Assistance (20,087 peers)
Coverage in Massachusetts
Fresenius Medical Care North America 401 (K) Savings Plan covers 63,529 participants in Massachusetts, 99x the typical Massachusetts plan (state average ~641 per filing). Assets: $3.5B.
- $3.5B
- total plan assets (2022 EOY)
- 63,529
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $55,847
- avg assets per participant
The plan reported a net loss of $496M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Fresenius Medical Care North America 401 (K) Savings Plan reports 63,529 participants - 99x that state average ($3.5B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $4.0B |
|---|---|
| Net Assets (End of Year) | $3.5B |
| Net Income | -$496M |
| Employer EIN | 042835488 |
| Plan Effective Date | 1987-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (National Medical Care, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 68,236 | $3.8B |
| 2023 | 2 | 67,428 | $4.3B |
| 2024 | 2 | 67,261 | $4.7B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Fresenius Medical Care North America 401 (K) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Scale composition for Fresenius Medical Care North America 401 (K) Savings Plan
Fresenius Medical Care North America 401 (K) Savings Plan reports $3.5B in end-of-year assets across 63,529 participants (0.030% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.071% of 89,805,449 covered participants) - about $55,847 per participant (41% of the national average assets-per-participant) . Net income for plan year 2022 was -$496M.
This plan identity (EIN 042835488, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.5B to $4.4B (+23.2%) while covered participants moved from 63,529 to 63,238 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 63,529 | $3.5B | This page |
| 2023 | 63,135 | $4.0B | Open filing |
| 2024 · index core | 63,238 | $4.4B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Fresenius Medical Care North America 401(k) Savings Plan (401(k), $4.4B, 63,238 participants)
- Fresenius Medical Care North America Retirement Plan (Defined Benefit (Pension), $327M, 4,023 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fresenius Medical Care North America 401 (K) Savings Plan by total assets, not by location.
- Banner Health Employees 401(k) Plan (AZ) $3.6B · 50,602
- Publicis Benefits Connection 401(k) Plan (IL) $3.6B · 25,067
- Firstenergy Corp. Savings Plan (OH) $3.5B · 11,979
- Pg&e Corporation Retirement Savings Plan (CA) $3.6B · 10,112
Frequently Asked Questions
How did Fresenius Medical Care North America 401 (K) Savings Plan assets move in 2022? ▼
How have National Medical Care, Inc. plan assets changed over time? ▼
Where does Fresenius Medical Care North America 401 (K) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Fresenius Medical Care North America 401 (K) Savings Plan? ▼
Next read for Fresenius Medical Care North America 401…
Filing takeaways
Ways to act on Fresenius Medical Care North America 401 (K) Savings Plan's numbers.
- By total assets, Fresenius Medical Care North America 401 (K) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- National Medical Care, Inc.'s sponsor-wide assets have grown 22.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans