401(k) · DOL Form 5500 · 2023

Packard Medical Group, Inc. 401(k) Plan

Data updated 2026-08-11

$83M
Total assets
163
Participants
90th
Percentile by assets
$511,748
Avg per participant
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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.

  • 90th percentile by assets (of 127,072 plans)
  • #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.

$83M
total plan assets (2023 EOY)
163
covered participants
90th
percentile by assets (of 127,072 plans)
$511,748
avg assets per participant

Where Packard Medical Group 401(k) Profit Sharing Plan sits 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 $2,010,000,000 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

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 →

State
California
Industry
Healthcare & Social Assistance

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Packard Medical Group 401(k) Profit Sharing Plan reports 163 participants - about 26% of that state average ($83M EOY assets).

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.)

$40M$60M$80M$100M$120M 202220232024 $63.6M $103M ▲ +61.4%
Total plan assets by year, all Packard Medical Group, Inc. plans on file
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 ($B) Participants Packard Medical Grou…, Total assets ($B): 0.083414976 · Participants: 163Packard Medical Grou…Wells Fargo & Compan…, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings…Apple 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 Shar… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

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).

Next read for Packard Medical Group 401(k) Profit Shar…

Filing takeaways

Ways to act on Packard Medical Group 401(k) Profit Sharing Plan's numbers.

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.