401(k) · DOL Form 5500 · 2023

Packard Medical Group, Inc. 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
163
Participants Small participant base
90th
Percentile by assets National rank
$511,748
Avg per participant High balance/head
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Official DOL plan name: Packard Medical Group 401(k) Profit Sharing Plan · Sponsored by Packard Medical Group, Inc. · California · Healthcare & Social Assistance

$83M in assets, 163 participants

Packard Medical Group, Inc.'s Packard Medical Group 401(k) Profit Sharing Plan reported $83M in total assets and 163 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,158 in Healthcare & Social Assistance (17,684 peers)

Coverage in California

Packard Medical Group 401(k) Profit Sharing Plan covers 163 participants in California, about 26% of the average California filer (state average ~630 per filing). Assets: $83M.

#16,158
in Healthcare & Social Assistance (17,684 peers)
+31.2%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Packard Medical Group 401(k) Profit Sharing Plan's outsized position by total assets

Packard Medical Group 401(k) Profit Sharing Plan vs every filed plan by assets

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

$83,414,976 Top 10% higher than 90% 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

Packard Medical Group 401(k) Profit Sharing 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. Packard Medical Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (163 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Packard Medical Group 401(k) Profit Sharing Plan reported net income rose from -$8M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Packard Medical Group 401(k) Profit Sharing Plan end-of-year assets rose from $64M in the plan year 2022 filing to $83M in the plan year 2023 filing.
  • Packard Medical Group 401(k) Profit Sharing Plan reported participants rose from 154 in the plan year 2022 filing to 163 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 352420096 · Packard Medical Group, Inc. PY 2023 · 401(k)

Packard Medical Group 401(k) Profit Sharing Plan · $83M · 163 · 90th

  • BOOK $83M
  • BOOK 163
  • BOOK 90th
  • BOOK 401(k)
  • BOOK near Bonterra 401(k) Plan
  • BOOK ind #16158

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 Healthcare & Social Assistance retirement plans → · Plans in California →

Packard Medical Group 401(k) Profit Sharing Plan in the asset neighbourhood

Bonterra 401(k) Plan$83MMagellan USA Retirement Plan$83MPackard Medical Group 401(k) Profit Sharing PlanPackard Medical Group 401(k)…$83MStrongwell Corporation 401(k) Profit-Sharing Plan and TrustStrongwell Corporation 401(k…$83ML.B. Foster Company 401(k) and Profit Sharing PlanL.B. Foster Company 401(k) a…$83M
End-of-year total assets ($M) among Packard Medical Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$83M
Net Income$20M
Employer EIN352420096
Plan Effective Date2012-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Packard Medical Group, Inc.)

Sponsor-wide plan assets over time

All Packard Medical Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$103M 61.41694027023167% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $63.6M $103M ▲ +61.4%
Year Plans Participants Total Assets
2022 1 154 $64M
2023 1 163 $83M
2024 1 163 $103M

Nearby 401(k) Plans in California

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

Packard Medical Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Packard Medical Group 401(k) Profit Sharing Plan, Total assets ($B): 0.083414976 · Participants: 163Packard Medical Group 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Packard Medical Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Packard Medical Group 401(k) Profit Sharing Plan side-by-side with 3 peers →

Packard Medical Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Bonterra 401(k) Plan in TX ($83M); by covered participants it is Vvc of Texas LLC 401 (K) Profit Sharing Plan & Trust in TX (163 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($83M here).

Similar participant headcount

Nearest other-state filings by covered participants (163 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 Packard Medical Group 401(k) Profit Sharing Plan assets move in 2023? ▼
Packard Medical Group 401(k) Profit Sharing Plan surged - up 31.2% during 2023, from $64M to $83M. Reported net income was $20M.
How have Packard Medical Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Packard Medical Group, Inc.'s sponsor-wide assets grew 61.4%, from $64M to $103M.
Where does Packard Medical Group 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Packard Medical Group 401(k) Profit Sharing Plan ranks in the 90th 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 Packard Medical Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bonterra 401(k) Plan in TX ($83M, 1,340 participants).
Which 401(k) plans cover a similar participant headcount to Packard Medical Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vvc of Texas LLC 401 (K) Profit Sharing Plan & Trust in TX (163 participants, $491K 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 352420096.

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.