401(k)
2023 plan-year 401(k) DOL Form 5500

Tech Medical, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Tech Medical Inc · Ohio · Healthcare & Social Assistance

What the 2023 filing shows

Tech Medical, Inc. 401(k) Plan holds $466K for 288 participants — about $1,617 per participant, up 75.3% over the 2023 plan year.

$466K
total plan assets (2023 EOY)
288
covered participants
$1,617
avg assets per participant
+75.3%
assets growth YoY
Total Assets (2023)
$466K
Participants
288
State
Industry
Healthcare & Social Assistance

What the Filing Says About Tech Medical, Inc. 401(k) Plan

Tech Medical, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Tech Medical Inc, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $466K in total end-of-year assets and covers 288 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 462584460, and the plan has been effective since 2018-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $266K at the beginning of 2023 to $466K at year-end — a gain of 75.3%. Net assets (after liabilities) closed the year at $466K, with reported net income of $200K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$266K
Total Assets (End of Year)$466K
Net Assets (End of Year)$466K
Net Income$200K
Plan Type401(k)
Employer EIN462584460
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Medical Inc)

Year Plans Participants Total Assets
2022 1 165 $266K
2023 1 288 $466K
2024 1 350 $561K

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Frequently Asked Questions

How much money is in the Tech Medical, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Tech Medical, Inc. 401(k) Plan holds $466K in total assets with 288 participants. It is sponsored by Tech Medical Inc.
What type of plan is Tech Medical, Inc. 401(k) Plan?
Tech Medical, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2018-01-01. The plan is filed with the U.S. Department of Labor under EIN 462584460.
Who sponsors the Tech Medical, Inc. 401(k) Plan?
Tech Medical, Inc. 401(k) Plan is sponsored by Tech Medical Inc, located in Ohio. The sponsor's EIN is 462584460 and the plan operates in the Healthcare & Social Assistance industry.
How did Tech Medical, Inc. 401(k) Plan perform in 2023?
Tech Medical, Inc. 401(k) Plan grew by 75.3% during 2023, moving from $266K to $466K in total assets. Net income was $200K.
Where can I find official filings for Tech Medical, Inc. 401(k) Plan?
Official Form 5500 filings for Tech Medical, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 462584460 or plan name at efast.dol.gov.
How does Tech Medical, Inc. 401(k) Plan compare to other plans?
You can compare Tech Medical, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 462584460.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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