401(k) · DOL Form 5500 · 2022

Medical Specialists of the Palm Beaches, Inc. 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
216
Participants Below avg headcount
88th
Percentile by assets National rank
$220,661
Avg per participant Above avg balance/head
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Official DOL plan name: Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan · Sponsored by Medical Specialists of the Palm Beaches, Inc. · Florida · Healthcare & Social Assistance

$48M in assets, 216 participants

Medical Specialists of the Palm Beaches, Inc.'s Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan reported $48M in total assets and 216 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.

  • #17,959 in Healthcare & Social Assistance (20,060 peers)

Coverage in Florida

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan covers 216 participants in Florida, about 34% of the average Florida filer (state average ~628 per filing). Assets: $48M.

#17,959
in Healthcare & Social Assistance (20,060 peers)
-19.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan's outsized position by total assets

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$47,662,682 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

Medical Specialists of the Palm Beaches, Inc. 401(k) 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. Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan sits mid-pack in the medium band (216 participants).

Published 5500 schedule card

Filing strip 650580501 · Medical Specialists of the Palm Beaches, Inc. PY 2022 · 401(k)

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan · $48M · 216 · 88th

  • IND $48M
  • IND 216
  • IND 88th
  • IND 401(k)
  • IND near Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan
  • IND ind #17959

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 Florida →

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan in the asset neighbourhood

Guardian Elder Care, Llc's 401(k) PlanGuardian Elder Care, Llc's 4…$48MLs3p 401(k) Plan$48MMedical Specialists of the Palm Beaches, Inc. 401(k) Savings PlanMedical Specialists of the P…$48MSafilo USA Inc./Smith Sport Optics Inc. 401(k) PlanSafilo USA Inc./Smith Sport …$48MUrologic Specialists of Oklahoma, Inc. 401(k) Profit Sharing PlanUrologic Specialists of Okla…$48M
End-of-year total assets ($M) among Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$48M
Net Income-$11M
Employer EIN650580501
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Specialists of the Palm Beaches, Inc.)

Sponsor-wide plan assets over time

All Medical Specialists of the Palm Beaches, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M 202220232024 $47.7M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 216 $48M
2023 1 300 $52M
2024 1 316 N/A

Nearby 401(k) Plans in Florida

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

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan, Total assets ($B): 0.047662682 · Participants: 216Medical Specialists of the Palm Beaches, Inc. 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan in NJ ($48M); by covered participants it is Navitas Midstream Management L 401(k) Profit Sharing Plan & Trust in TX (216 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (216 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 Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan assets move in 2022?
Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan declined sharply - down 19.2% during 2022, from $59M to $48M. Reported net income was -$11M.
Where does Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Medical Specialists of the Palm Beaches, Inc. 401(k) 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 Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Safilo USA Inc./Smith Sport Optics Inc. 401(k) Plan in NJ ($48M, 561 participants).
Which 401(k) plans cover a similar participant headcount to Medical Specialists of the Palm Beaches, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Navitas Midstream Management L 401(k) Profit Sharing Plan & Trust in TX (216 participants, N/A in assets).