401(k) · DOL Form 5500 · 2023

Springfield Medical Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
37
Participants Small participant base
53rd
Percentile by assets National rank
$211,514
Avg per participant Above avg balance/head
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Official DOL plan name: Springfield Medical Associates, Inc. 401(k) Plan and Trust · Sponsored by Springfield Medical Associates, Inc. · Massachusetts · Healthcare & Social Assistance

$8M in assets, 37 participants

Springfield Medical Associates, Inc.'s Springfield Medical Associates, Inc. 401(k) Plan and Trust reported $8M in total assets and 37 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #10,408 in Healthcare & Social Assistance (17,684 peers)

Springfield Medical Associates, Inc. multi-year trail

Springfield Medical Associates, Inc.'s plans moved -10.9% in assets from 2022 to 2024; this filing shows Springfield Medical Associates, Inc. 401(k) Plan and Trust at $8M / 37 participants.

#10,408
in Healthcare & Social Assistance (17,684 peers)
-19.8%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Springfield Medical Associates, Inc. 401(k) Plan and Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

Springfield Medical Associates, Inc. 401(k) Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,826,023 Top 47% higher than 53% of 127,068 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 2023

Springfield Medical Associates, Inc. 401(k) Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Springfield Medical Associates, Inc. 401(k) Plan and Trust is a small filing (37 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Springfield Medical Associates, Inc. 401(k) Plan and Trust reported net income rose from -$7M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Springfield Medical Associates, Inc. 401(k) Plan and Trust end-of-year assets fell from $10M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Springfield Medical Associates, Inc. 401(k) Plan and Trust reported participants fell from 42 in the plan year 2022 filing to 37 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 043498186 · Springfield Medical Associates, Inc. PY 2023 · 401(k)

Springfield Medical Associates, Inc. 401(k) Plan and Trust · $8M · 37 · 53rd

  • VS-ST $8M
  • VS-ST 37
  • VS-ST 53rd
  • VS-ST 401(k)
  • VS-ST near Fleet Landing 401(k) Retirement Plan
  • VS-ST ind #10408

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 Massachusetts →

Springfield Medical Associates, Inc. 401(k) Plan and Trust in the asset neighbourhood

Springfield Medical Associates, Inc. 401(k) Plan and TrustSpringfield Medical Associat…$8MFleet Landing 401(k) Retirement PlanFleet Landing 401(k) Retirem…$8MWorkfusion, Inc. 401(k) Plan$8MSbe2 401(k) Plan$8MThrift Plan for Employees of Highland Resources, Inc. and Associated EmployersThrift Plan for Employees of…$8M
End-of-year total assets ($M) among Springfield Medical Associates, Inc. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Springfield Medical Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Springfield Medical Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 10.863876425325214% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $9.75M $8.7M ▼ -10.8%
Year Plans Participants Total Assets
2022 1 42 $10M
2023 1 37 $8M
2024 1 34 $9M

Springfield Medical Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN043498186
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Springfield Medical Associates, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Springfield Medical Associates, Inc. 401(k) Plan and Trust, Total assets ($B): 0.007826023 · Participants: 37Springfield Medical Associates, Inc. 401(k) Plan and TrustFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Springfield Medical Associates, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Springfield Medical Associates, Inc. 401(k) Plan and Trust side-by-side with 3 peers →

Springfield Medical Associates, Inc. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Fleet Landing 401(k) Retirement Plan in FL ($8M); by covered participants it is Carbon Health 401(k) Plan in CA (37 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (37 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Springfield Medical Associates, Inc. 401(k) Plan and Trust assets move in 2023? ▼
Springfield Medical Associates, Inc. 401(k) Plan and Trust declined sharply - down 19.8% during 2023, from $10M to $8M. Reported net income was -$2M.
How have Springfield Medical Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Springfield Medical Associates, Inc.'s sponsor-wide assets declined 10.9%, from $10M to $9M.
Which 401(k) plans are similar in size to Springfield Medical Associates, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Fleet Landing 401(k) Retirement Plan in FL ($8M, 325 participants).
Which 401(k) plans cover a similar participant headcount to Springfield Medical Associates, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Carbon Health 401(k) Plan in CA (37 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043498186.

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.