401(k) · DOL Form 5500 · 2023

Merit Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$186M
Total assets Near avg plan size
2,590
Participants Above avg headcount
94th
Percentile by assets National rank
$71,691
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Merit Medical Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Merit Medical Systems, Inc. · Utah · Manufacturing

$186M in assets, 2,590 participants

Merit Medical Systems, Inc.'s Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported $186M in total assets and 2,590 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,109 in Manufacturing (18,722 peers)

Coverage in Utah

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan covers 2,590 participants in Utah, 4.4x the typical Utah plan (state average ~592 per filing). Assets: $186M.

#17,109
in Manufacturing (18,722 peers)
+20.9%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$185,679,214 Top 6% higher than 94% 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

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Merit Medical Systems, Inc. 401(k) Profit Sharing Plan lands in the large band (2,590 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported net income rose from -$17M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $154M in the plan year 2022 filing to $186M in the plan year 2023 filing.
  • Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reported participants fell from 2,709 in the plan year 2022 filing to 2,590 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 870447695 · Merit Medical Systems, Inc. PY 2023 · 401(k)

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan · $186M · 2,590 · 94th

  • EBSA $186M
  • PART 2,590
  • TYPE 94th
  • NET 401(k)
  • BOOK near Cox Media Group 401(k) Plan
  • VS-ST ind #17109

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 Manufacturing retirement plans → · Plans in Utah →

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Computer Task Group, Inc. 401(k) Retirement PlanComputer Task Group, Inc. 40…$186MCox Media Group 401(k) Plan$186MMerit Medical Systems, Inc. 401(k) Profit Sharing PlanMerit Medical Systems, Inc. …$186MSafety Insurance Company 401(k) Retirement PlanSafety Insurance Company 401…$186MAdvanced Technology Services, Inc. 401(k) Profit Sharing PlanAdvanced Technology Services…$186M
End-of-year total assets ($M) among Merit Medical Systems, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$185M
Net Income$32M
Employer EIN870447695
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merit Medical Systems, Inc.)

Sponsor-wide plan assets over time

All Merit Medical Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$217M 41.38941547643121% vs 2022
2024 filing year
$140M$160M$180M$200M$220M$240M 202220232024 $154M $217M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 2,709 $154M
2023 1 2,590 $186M
2024 1 3,015 $217M

Nearby 401(k) Plans in Utah

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

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -202468 Total assets ($B) Participants Merit Medical Systems, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.185679214 · Participants: 2590Merit Medical Systems, Inc. 401(k) Profit Sharing PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Merit Medical Systems, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Cox Media Group 401(k) Plan in GA ($186M); by covered participants it is Csc Generation Holdings, Inc. 401(k) Plan in IL (2,590 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,590 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 Merit Medical Systems, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan grew sharply - up 20.9% during 2023, from $154M to $186M. Reported net income was $32M.
How have Merit Medical Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merit Medical Systems, Inc.'s sponsor-wide assets grew 41.4%, from $154M to $217M.
Where does Merit Medical Systems, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Merit Medical Systems, Inc. 401(k) Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cox Media Group 401(k) Plan in GA ($186M, 2,186 participants).
Which 401(k) plans cover a similar participant headcount to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Csc Generation Holdings, Inc. 401(k) Plan in IL (2,590 participants, $52M 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 870447695.

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.