401(k) · DOL Form 5500 · 2023

Medcost, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
455
Participants Below avg headcount
81st
Percentile by assets National rank
$76,717
Avg per participant Below avg balance/head
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Official DOL plan name: Medcost 401(k) Plan · Sponsored by Medcost, LLC · North Carolina · Professional & Technical Services

$35M in assets, 455 participants

Medcost, LLC's Medcost 401(k) Plan reported $35M in total assets and 455 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,660 in Professional & Technical Services (20,321 peers)

Where Medcost 401(k) Plan sits by assets

Medcost 401(k) Plan sits in the top quartile of all filed plans by assets, $35M for 455 participants (~$76,717/participant), up 17.7% in 2023.

#16,660
in Professional & Technical Services (20,321 peers)
+17.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$34,906,412 Top 19% higher than 81% 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

Medcost 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 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 (455 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medcost 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Medcost 401(k) Plan end-of-year assets rose from $30M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Medcost 401(k) Plan reported participants rose from 414 in the plan year 2022 filing to 455 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 561999192 · Medcost, LLC PY 2023 · 401(k)

Medcost 401(k) Plan · $35M · 455 · 81st

  • BOY $35M
  • BOY 455
  • BOY 81st
  • BOY 401(k)
  • BOY near Capital Area Pediatrics, Inc. Profit Sharing Plan
  • BOY ind #16660

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$35MThe Union League of Philadelphia Employee Savings and RetirementThe Union League of Philadel…$35MThe Doall Group Profit Sharing PlanThe Doall Group Profit Shari…$35MCapital Area Pediatrics, Inc. Profit Sharing PlanCapital Area Pediatrics, Inc…$35MSac Wireless, LLC 401(k) Profit Sharing PlanSac Wireless, LLC 401(k) Pro…$35M
End-of-year total assets ($M) among Medcost 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$5M
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. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Medcost 401(k) Plan, Total assets ($B): 0.034906412 · Participants: 455Medcost 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings 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 Capital Area Pediatrics, Inc. Profit Sharing Plan in VA ($35M); by covered participants it is Dewey Services, Inc. Retirement Savings Plan in CA (455 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (455 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 Medcost 401(k) Plan assets move in 2023? ▼
Medcost 401(k) Plan grew sharply - up 17.7% during 2023, from $30M to $35M. Reported net income was $5M.
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 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Capital Area Pediatrics, Inc. Profit Sharing Plan in VA ($35M, 120 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 Dewey Services, Inc. Retirement Savings Plan in CA (455 participants, $21M 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 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.