401(k) · DOL Form 5500 · 2023

Medinc of Texas, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
108
Participants Small participant base
43rd
Percentile by assets National rank
$43,189
Avg per participant Low balance/head
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Official DOL plan name: Medinc of Texas 401(k) Plan · Sponsored by Medinc of Texas, Inc. · Texas · Wholesale Trade

$5M in assets, 108 participants

Medinc of Texas, Inc.'s Medinc of Texas 401(k) Plan reported $5M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,028 in Wholesale Trade (6,309 peers)

Coverage in Texas

Medinc of Texas 401(k) Plan covers 108 participants in Texas, about 16% of the average Texas filer (state average ~688 per filing). Assets: $5M.

#2,028
in Wholesale Trade (6,309 peers)
+3.9%
assets growth YoY

Medinc of Texas 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Medinc of Texas 401(k) Plan vs every filed plan by assets

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

$4,664,389 43rd percentile higher than 43% 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

Medinc of Texas 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. Medinc of Texas 401(k) Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medinc of Texas 401(k) Plan reported net income rose from -$566K in the plan year 2022 filing to $177K in the plan year 2023 filing.
  • Medinc of Texas 401(k) Plan reported participants fell from 113 in the plan year 2022 filing to 108 in the plan year 2023 filing.
  • Medinc of Texas 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 263095631 · Medinc of Texas, Inc. PY 2023 · 401(k)

Medinc of Texas 401(k) Plan · $5M · 108 · 43rd

  • VS-ST $5M
  • VS-ST 108
  • VS-ST 43rd
  • VS-ST 401(k)
  • VS-ST near 981 Management Company LLC 401(k) Plan
  • VS-ST ind #2028

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 Wholesale Trade retirement plans → · Plans in Texas →

Medinc of Texas 401(k) Plan in the asset neighbourhood

A.K. Industries, Inc. Profit Sharing PlanA.K. Industries, Inc. Profit…$5MHcl Global Systems 401(k) PlanHcl Global Systems 401(k) Pl…$5MAdvanced Dermatology, LLC Employees Retirement PlanAdvanced Dermatology, LLC Em…$5MMedinc of Texas 401(k) Plan$5M981 Management Company LLC 401(k) Plan981 Management Company LLC 4…$5M
End-of-year total assets ($M) among Medinc of Texas 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$177K
Employer EIN263095631
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medinc of Texas, Inc.)

Sponsor-wide plan assets over time

All Medinc of Texas, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 3.9447347156711254% vs 2022
2023 filing year
$4.4M$4.5M$4.6M$4.7M 20222023 $4.49M $4.66M ▲ +3.8%
Year Plans Participants Total Assets
2022 1 113 $4M
2023 1 108 $5M

Nearby 401(k) Plans in Texas

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

Medinc of Texas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Medinc of Texas 401(k) Plan, Total assets ($B): 0.004664389 · Participants: 108Medinc of Texas 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Medinc of Texas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Medinc of Texas 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is 981 Management Company LLC 401(k) Plan in NJ ($5M); by covered participants it is Winstar Farm 401(k) Plan in KY (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Medinc of Texas 401(k) Plan assets move in 2023?
Medinc of Texas 401(k) Plan edged up modestly - up 3.9% during 2023, from $4M to $5M. Reported net income was $177K.
How have Medinc of Texas, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Medinc of Texas, Inc.'s sponsor-wide assets grew 3.9%, from $4M to $5M.
Which 401(k) plans are similar in size to Medinc of Texas 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is 981 Management Company LLC 401(k) Plan in NJ ($5M, 333 participants).
Which 401(k) plans cover a similar participant headcount to Medinc of Texas 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Winstar Farm 401(k) Plan in KY (108 participants, $4M in assets).