401(k) · DOL Form 5500 · 2023

Merit Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$186M
Total assets: 2,590
Participants: 94th
Percentile by assets: $71,691
Avg per participant

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.

94th percentile by assets (of 127,072 plans)
#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.

$186M
total plan assets (2023 EOY): 2,590
covered participants: 94th
percentile by assets (of 127,072 plans): $71,691
avg assets per participant

Where Merit Medical Systems, Inc. 401(k) Profit Sharing Plan sits 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

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 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 →

State

Utah

Industry

Manufacturing

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Merit Medical Systems, Inc. 401(k) Profit Sharing Plan reports 2,590 participants - 4.4x that state average ($186M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)	$154M
Net Assets (End of Year)	$185M
Net Income	$32M
Employer EIN	870447695
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Merit Medical Systems, Inc.)

Total plan assets by year, all Merit Medical Systems, Inc. plans on file

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

Intermountain Healthcare Savings Plus 401(k) Plan $6.0B · 46,680
Deseret 401(k) Plan $5.5B · 24,292
Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.7B · 10,088
Skywest, Inc. Employees' Retirement Plan $1.2B · 15,411
Autoliv Asp, Inc. Employee Savings and Investment Plan $634M · 4,537

Compare Merit Medical Systems, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Merit Medical Systems, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Cox Media Group 401(k) Plan (GA) $186M · 2,186
Safety Insurance Company 401(k) Retirement Plan (MA) $186M · 539
Computer Task Group, Inc. 401(k) Retirement Plan (NY) $186M · 1,261
Advanced Technology Services, Inc. 401(k) Profit Sharing Plan (IL) $186M · 1,868

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).

Next read for Merit Medical Systems, Inc. 401(k) Profi…

Filing takeaways

Ways to act on Merit Medical Systems, Inc. 401(k) Profit Sharing Plan's numbers.

By total assets, Merit Medical Systems, Inc. 401(k) Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
Merit Medical Systems, Inc.'s sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Manufacturing plans

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.