401(k) · DOL Form 5500 · 2022

Galen Medical Group Employees 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
434
Participants Below avg headcount
88th
Percentile by assets National rank
$111,027
Avg per participant Below avg balance/head
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Official DOL plan name: Galen Medical Group Employees Retirement Savings Plan · Sponsored by Galen Medical Group Employees · Tennessee · Healthcare & Social Assistance

$48M in assets, 434 participants

Galen Medical Group Employees's Galen Medical Group Employees Retirement Savings Plan reported $48M in total assets and 434 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,978 in Healthcare & Social Assistance (20,060 peers)

Coverage in Tennessee

Galen Medical Group Employees Retirement Savings Plan covers 434 participants in Tennessee, about 39% of the average Tennessee filer (state average ~1,126 per filing). Assets: $48M.

#17,978
in Healthcare & Social Assistance (20,060 peers)
-16.8%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Galen Medical Group Employees Retirement Savings Plan's outsized position by total assets

Galen Medical Group Employees Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$48,185,520 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Galen Medical Group Employees Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galen Medical Group Employees Retirement Savings Plan sits mid-pack in the medium band (434 participants).

EBSA filing schedule strip

Filing strip 621508884 · Galen Medical Group Employees PY 2022 · 401(k)

Galen Medical Group Employees Retirement Savings Plan · $48M · 434 · 88th

  • EOY $48M
  • 5500 434
  • ASSETS 88th
  • PCT 401(k)
  • EIN near Osg USA, Inc. Profit Sharing and 401(k) Plan
  • RANK ind #17978

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Tennessee →

Galen Medical Group Employees Retirement Savings Plan in the asset neighbourhood

Galen Medical Group Employees Retirement Savings PlanGalen Medical Group Employee…$48MOsg USA, Inc. Profit Sharing and 401(k) PlanOsg USA, Inc. Profit Sharing…$48MCurrent Retirement Savings PlanCurrent Retirement Savings P…$48MWilliams, Kastner & Gibbs PLLC Retirement PlanWilliams, Kastner & Gibbs PL…$48MLcec 401(k) Plan$48M
End-of-year total assets ($M) among Galen Medical Group Employees Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$48M
Net Income-$10M
Employer EIN621508884
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Galen Medical Group Employees)

Sponsor-wide plan assets over time

All Galen Medical Group Employees plans reported in each filing year

Latest sponsor-wide plan assets
$62M 29.106312435769087% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $48.2M $62.2M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 434 $48M
2023 1 457 $56M
2024 1 506 $62M

Nearby 401(k) Plans in Tennessee

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

Galen Medical Group Employees Retirement Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Galen Medical Group Employees Retirement Savings Plan, Total assets ($B): 0.04818552 · Participants: 434Galen Medical Group Employees Retirement Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Galen Medical Group Employees Retirement Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Galen Medical Group Employees Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Osg USA, Inc. Profit Sharing and 401(k) Plan in IL ($48M); by covered participants it is Emprise Bank 401(k) Plan in KS (434 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (434 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Galen Medical Group Employees Retirement Savings Plan assets move in 2022?
Galen Medical Group Employees Retirement Savings Plan declined sharply - down 16.8% during 2022, from $58M to $48M. Reported net income was -$10M.
How have Galen Medical Group Employees plan assets changed over time?
Across 3 plan years on file (2022-2024), Galen Medical Group Employees's sponsor-wide assets grew 29.1%, from $48M to $62M.
Where does Galen Medical Group Employees Retirement Savings Plan rank by assets among Form 5500 filers?
Galen Medical Group Employees Retirement Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Galen Medical Group Employees Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Osg USA, Inc. Profit Sharing and 401(k) Plan in IL ($48M, 379 participants).
Which 401(k) plans cover a similar participant headcount to Galen Medical Group Employees Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Emprise Bank 401(k) Plan in KS (434 participants, $41M in assets).