401(k) · DOL Form 5500 · 2022

Medcost, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
414
Participants Below avg headcount
83rd
Percentile by assets National rank
$71,621
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Medcost 401(k) Plan · Sponsored by Medcost, LLC · North Carolina · Professional & Technical Services

$30M in assets, 414 participants

Medcost, LLC's Medcost 401(k) Plan reported $30M in total assets and 414 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,949 in Professional & Technical Services (21,562 peers)

Where Medcost 401(k) Plan sits by assets

Medcost 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 414 participants (~$71,621/participant), down 15.9% in 2022.

#17,949
in Professional & Technical Services (21,562 peers)
-15.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Medcost 401(k) Plan's outsized position by total assets

Medcost 401(k) Plan vs every filed plan by assets

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

$29,651,021 Top 17% higher than 83% 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

Medcost 401(k) 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. Medcost 401(k) Plan sits mid-pack in the medium band (414 participants).

Form 5500 schedule snapshot

Filing strip 561999192 · Medcost, LLC PY 2022 · 401(k)

Medcost 401(k) Plan · $30M · 414 · 83rd

  • TYPE $30M
  • NET 414
  • BOOK 83rd
  • VS-ST 401(k)
  • BOY near Gorman Bros. , Inc. Profit Sharing Plan
  • SCH ind #17949

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Medcost 401(k) Plan in the asset neighbourhood

Medcost 401(k) Plan$30MGorman Bros. , Inc. Profit Sharing PlanGorman Bros. , Inc. Profit S…$30MBig River Steel 401(k) Plan$30MKier & Wright Civil Engineers and Surveyors, Inc. Salary Deferral PlanKier & Wright Civil Engineer…$30MTriton Health Systems, L.L.C. 401(k) Retirement PlanTriton Health Systems, L.L.C…$30M
End-of-year total assets ($M) among Medcost 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$30M
Net Income-$6M
Employer EIN561999192
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medcost, LLC)

Sponsor-wide plan assets over time

All Medcost, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$39M 31.27890604509032% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $29.7M $38.9M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 414 $30M
2023 1 455 $35M
2024 1 462 $39M

Nearby 401(k) Plans in North Carolina

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

Medcost 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Medcost 401(k) Plan, Total assets ($B): 0.029651021 · Participants: 414Medcost 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Medcost 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Medcost 401(k) Plan side-by-side with 3 peers →

Medcost 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Gorman Bros. , Inc. Profit Sharing Plan in NY ($30M); by covered participants it is Kountry Wood Products 401(k) Profit Sharing Plan in IN (414 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (414 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 Medcost 401(k) Plan assets move in 2022? ▼
Medcost 401(k) Plan declined sharply - down 15.9% during 2022, from $35M to $30M. Reported net income was -$6M.
How have Medcost, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medcost, LLC's sponsor-wide assets grew 31.3%, from $30M to $39M.
Where does Medcost 401(k) Plan rank by assets among Form 5500 filers? ▼
Medcost 401(k) Plan ranks in the 83rd 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 Medcost 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gorman Bros. , Inc. Profit Sharing Plan in NY ($30M, 201 participants).
Which 401(k) plans cover a similar participant headcount to Medcost 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kountry Wood Products 401(k) Profit Sharing Plan in IN (414 participants, $13M in assets).

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 561999192.

Read our methodology - how this data is sourced, computed, and verified.

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