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

Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan

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

Sponsored by Mcfarland Clinic, P.C. ยท Iowa ยท Healthcare & Social Assistance

What the 2023 filing shows

Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan holds $405M for 1,395 participants - about $290,402 per participant, down 17.6% over the 2022 plan year.

$405M
total plan assets (2022 EOY)
1,395
covered participants
$290,402
avg assets per participant
-17.6%
assets change YoY

The plan reported a net loss of $86M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$405M
Participants
1,395
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan

Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Mcfarland Clinic, P.C., headquartered in Iowa. As of the 2022 Form 5500 filing, the plan reports $405M in total end-of-year assets and covers 1,395 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 421089512, and the plan has been effective since 1978-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $491M at the beginning of 2022 to $405M at year-end โ€” a decline of 17.6%. Net assets (after liabilities) closed the year at $405M, with reported net income of $-86,341,867 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)$491M
Total Assets (End of Year)$405M
Net Assets (End of Year)$405M
Net Income$-86,341,867
Plan Type401(k)
Employer EIN421089512
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcfarland Clinic, P.C.)

Year Plans Participants Total Assets
2022 1 1,395 $405M
2023 1 1,396 $448M
2024 1 1,420 $488M

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Frequently Asked Questions

How much money is in the Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan holds $405M in total assets with 1,395 participants. It is sponsored by Mcfarland Clinic, P.C..
What type of plan is Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan?
Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1978-01-01. The plan is filed with the U.S. Department of Labor under EIN 421089512.
Who sponsors the Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan?
Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan is sponsored by Mcfarland Clinic, P.C., located in Iowa. The sponsor's EIN is 421089512 and the plan operates in the Healthcare & Social Assistance industry.
How did Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan perform in 2022?
Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan declined by 17.6% during 2022, moving from $491M to $405M in total assets. Net income was $-86,341,867.
Where can I find official filings for Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421089512 or plan name at efast.dol.gov.
How does Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan compare to other plans?
You can compare Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Iowa 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 421089512.

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.