401(k) · DOL Form 5500 · 2023

Medical and Financial Management, Inc. 401(k) Plan

Data updated 2026-08-11

$198M
Total assets: 1,218
Participants: 95th
Percentile by assets: $162,605
Avg per participant

Official DOL plan name: Martin Memorial Health Systems 401(k) Retirement Savings Plan · Sponsored by Medical and Financial Management, Inc. · Florida · Healthcare & Social Assistance

$198M in assets, 1,218 participants

Medical and Financial Management, Inc.'s Martin Memorial Health Systems 401(k) Retirement Savings Plan reported $198M in total assets and 1,218 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#16,851 in Healthcare & Social Assistance (17,684 peers)

Where Martin Memorial Health Systems 401(k) Retirement Savings Plan sits by assets

Martin Memorial Health Systems 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $198M for 1,218 participants (~$162,605/participant), up 27.9% in 2023.

$198M
total plan assets (2023 EOY): 1,218
covered participants: 95th
percentile by assets (of 127,072 plans): $162,605
avg assets per participant

Where Martin Memorial Health Systems 401(k) Retirement Savings Plan sits by total assets

Martin Memorial Health Systems 401(k) Retirement Savings Plan vs every filed plan by assets

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

$198,052,352 Top 5% higher than 95% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Martin Memorial Health Systems 401(k) Retirement Savings Plan reported net income rose from -$14M in the plan year 2022 filing to $43M in the plan year 2023 filing.
Martin Memorial Health Systems 401(k) Retirement Savings Plan reported participants rose from 886 in the plan year 2022 filing to 1,218 in the plan year 2023 filing.
Martin Memorial Health Systems 401(k) Retirement Savings Plan end-of-year assets rose from $155M in the plan year 2022 filing to $198M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Florida

Industry

Healthcare & Social Assistance

Martin Memorial Health Systems 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Martin Memorial Health Systems 401(k) Retirement Savings Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$155M
Net Assets (End of Year)	$198M
Net Income	$43M
Employer EIN	592320501
Plan Effective Date	1996-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Medical and Financial Management, Inc.)

Total plan assets by year, all Medical and Financial Management, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	886	$155M
2023	2	3,660	$198M

Nearby 401(k) Plans in Florida

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

Martin Memorial Health Systems 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

L3harris Retirement Savings Plan $15.4B · 40,665
Savings Plan for Employees and Partners of Pwc $11.3B · 50,817
Adp Totalsource Retirement Savings Plan $8.0B · 308,867
Trinet 401(k) Plan $7.0B · 157,945
Publix Super Markets, Inc. 401(k) Smart Plan $6.6B · 184,674

Compare Martin Memorial Health Systems 401(k) Re… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Martin Memorial Health Systems 401(k) Retirement Savings Plan by total assets, not by location.

Thoughtworks, Inc 401(k) Plan (IL) $198M · 986
Mercer Wise Pooled Employer Plan (MA) $198M · 7,748
True Manufacturing Company, Inc. 401(k) Plan (MO) $198M · 2,889
By Light Professional It Services LLC 401(k) Plan (VA) $198M · 1,312

Frequently Asked Questions

How did Martin Memorial Health Systems 401(k) Retirement Savings Plan assets move in 2023? ▼

Martin Memorial Health Systems 401(k) Retirement Savings Plan grew sharply - up 27.9% during 2023, from $155M to $198M. Reported net income was $43M.

How have Medical and Financial Management, Inc. plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Medical and Financial Management, Inc.'s sponsor-wide assets grew 27.9%, from $155M to $198M.

Where does Martin Memorial Health Systems 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Martin Memorial Health Systems 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Martin Memorial Health Systems 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Thoughtworks, Inc 401(k) Plan in IL ($198M, 986 participants).

Next read for Martin Memorial Health Systems 401(k) Re…

Scale reading

Ways to act on Martin Memorial Health Systems 401(k) Retirement Savings Plan's numbers.

By total assets, Martin Memorial Health Systems 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
Medical and Financial Management, Inc.'s sponsor-wide assets have grown 27.9% since 2022 across 2 plan years on file. More Healthcare & Social Assistance plans

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 592320501.