401(k) · DOL Form 5500 · 2023

Modernizing Medicine, Inc. 401(k) Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
1,530
Participants Near avg headcount
91st
Percentile by assets National rank
$60,849
Avg per participant Low balance/head
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Official DOL plan name: Modernizing Medicine, Inc. 401(k) Plan · Sponsored by Modernizing Medicine, Inc. · Florida · Information & Media

$93M in assets, 1,530 participants

Modernizing Medicine, Inc.'s Modernizing Medicine, Inc. 401(k) Plan reported $93M in total assets and 1,530 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #2,442 in Information & Media (2,818 peers)

Coverage in Florida

Modernizing Medicine, Inc. 401(k) Plan covers 1,530 participants in Florida, 2.4x the typical Florida plan (state average ~628 per filing). Assets: $93M.

#2,442
in Information & Media (2,818 peers)
+49.5%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Modernizing Medicine, Inc. 401(k) Plan's outsized position by total assets

Modernizing Medicine, Inc. 401(k) Plan vs every filed plan by assets

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

$93,099,734 Top 9% higher than 91% 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

Modernizing Medicine, Inc. 401(k) 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. Modernizing Medicine, Inc. 401(k) Plan lands in the large band (1,530 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Modernizing Medicine, Inc. 401(k) Plan reported net income rose from $310K in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Modernizing Medicine, Inc. 401(k) Plan end-of-year assets rose from $62M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Modernizing Medicine, Inc. 401(k) Plan reported participants rose from 1,206 in the plan year 2022 filing to 1,530 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 272070905 · Modernizing Medicine, Inc. PY 2023 · 401(k)

Modernizing Medicine, Inc. 401(k) Plan · $93M · 1,530 · 91st

  • SCH $93M
  • EBSA 1,530
  • PART 91st
  • TYPE 401(k)
  • NET near Methode Electronics, Inc. 401(k) Savings Plan
  • BOOK ind #2442

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 Information & Media retirement plans → · Plans in Florida →

Modernizing Medicine, Inc. 401(k) Plan in the asset neighbourhood

Upwork Retirement Savings PlanUpwork Retirement Savings Pl…$93MEastman & Smith Ltd. Profit Sharing and Savings Plan and TrustEastman & Smith Ltd. Profit …$93MMadison Dearborn Partners LLC Savings Incentive PlanMadison Dearborn Partners LL…$93MModernizing Medicine, Inc. 401(k) PlanModernizing Medicine, Inc. 4…$93MMethode Electronics, Inc. 401(k) Savings PlanMethode Electronics, Inc. 40…$93M
End-of-year total assets ($M) among Modernizing Medicine, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$93M
Net Income$31M
Employer EIN272070905
Plan Effective Date2010-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Modernizing Medicine, Inc.)

Sponsor-wide plan assets over time

All Modernizing Medicine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$115M 84.2642835035861% vs 2022
2024 filing year
$40M$60M$80M$100M$120M$140M 202220232024 $62.3M $115M ▲ +84.3%
Year Plans Participants Total Assets
2022 1 1,206 $62M
2023 1 1,530 $93M
2024 1 1,563 $115M

Nearby 401(k) Plans in Florida

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

Modernizing Medicine, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Modernizing Medicine, Inc. 401(k) Plan, Total assets ($B): 0.093099734 · Participants: 1530Modernizing Medicine, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Modernizing Medicine, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Modernizing Medicine, Inc. 401(k) Plan side-by-side with 3 peers →

Modernizing Medicine, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Methode Electronics, Inc. 401(k) Savings Plan in IL ($93M); by covered participants it is Savista 401(k) Plan in GA (1,530 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,530 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 Modernizing Medicine, Inc. 401(k) Plan assets move in 2023? ▼
Modernizing Medicine, Inc. 401(k) Plan surged - up 49.5% during 2023, from $62M to $93M. Reported net income was $31M.
How have Modernizing Medicine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modernizing Medicine, Inc.'s sponsor-wide assets grew 84.3%, from $62M to $115M.
Where does Modernizing Medicine, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Modernizing Medicine, Inc. 401(k) Plan ranks in the 91st 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 Modernizing Medicine, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Methode Electronics, Inc. 401(k) Savings Plan in IL ($93M, 388 participants).
Which 401(k) plans cover a similar participant headcount to Modernizing Medicine, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Savista 401(k) Plan in GA (1,530 participants, $72M 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 272070905.

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.