401(k) · DOL Form 5500 · 2023

Medline Industries,LP 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
20,330
Participants Very large workforce
99th
Percentile by assets National rank
$69,194
Avg per participant Below avg balance/head
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Official DOL plan name: Medline Industries, LP Retirement Plan · Sponsored by Medline Industries,LP · Illinois · Wholesale Trade

$1.4B in assets, 20,330 participants

Medline Industries,LP's Medline Industries, LP Retirement Plan reported $1.4B in total assets and 20,330 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #6,269 in Wholesale Trade (6,309 peers)

Coverage in Illinois

Medline Industries, LP Retirement Plan covers 20,330 participants in Illinois, 26x the typical Illinois plan (state average ~779 per filing). Assets: $1.4B.

#6,269
in Wholesale Trade (6,309 peers)
+24.9%
assets growth YoY
14×
vs typical plan assets (national mean)

Medline Industries, LP Retirement Plan's outsized position by total assets

Medline Industries, LP Retirement Plan vs every filed plan by assets

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

$1,406,710,448 Top 1% higher than 99% 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

Medline Industries, LP Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medline Industries, LP Retirement Plan is a mega filing (20,330 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medline Industries, LP Retirement Plan reported net income rose from -$156M in the plan year 2022 filing to $281M in the plan year 2023 filing.
  • Medline Industries, LP Retirement Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Medline Industries, LP Retirement Plan reported participants rose from 17,377 in the plan year 2022 filing to 20,330 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362596612 · Medline Industries,LP PY 2023 · 401(k)

Medline Industries, LP Retirement Plan · $1.4B · 20,330 · 99th

  • VS-ST $1.4B
  • BOY 20,330
  • SCH 99th
  • EBSA 401(k)
  • PART near Microchip Technology Incorporated Savings Plan
  • TYPE ind #6269

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 Illinois →

Medline Industries, LP Retirement Plan in the asset neighbourhood

Medline Industries, LP Retirement PlanMedline Industries, LP Retir…$1.4BMicrochip Technology Incorporated Savings PlanMicrochip Technology Incorpo…$1.4BGeorgia-Pacific LLC Hourly 401(k) PlanGeorgia-Pacific LLC Hourly 4…$1.4BBeth Israel Deaconess Medical Center, Inc 401(k) Savings and Investment PlanBeth Israel Deaconess Medica…$1.4BLennar Corporation 401(k) PlanLennar Corporation 401(k) Pl…$1.4B
End-of-year total assets ($B) among Medline Industries, LP Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.4B
Net Income$281M
Employer EIN362596612
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medline Industries,LP)

Sponsor-wide plan assets over time

All Medline Industries,LP plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 45.378372509885246% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.13B $1.64B ▲ +45.1%
Year Plans Participants Total Assets
2022 1 17,377 $1.1B
2023 1 20,330 $1.4B
2024 1 21,813 $1.6B

Nearby 401(k) Plans in Illinois

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

Medline Industries, LP Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 05101520 Total assets ($B) Participants Medline Industries, LP Retirement Plan, Total assets ($B): 1.406710448 · Participants: 20330Medline Industries, LP Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Medline Industries, LP Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Medline Industries, LP Retirement Plan

Medline Industries, LP Retirement Plan reports $1.4B in end-of-year assets across 20,330 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $69,194 per participant (50% of the national average assets-per-participant) . Net income for plan year 2023 was $281M.

This plan identity (EIN 362596612, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+45.4%) while covered participants moved from 17,377 to 21,813 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,377 $1.1B Open filing
2023 20,330 $1.4B This page
2024 · index core 21,813 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Medline Industries, LP Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Microchip Technology Incorporated Savings Plan in AZ ($1.4B); by covered participants it is Chevron Employee Savings Investment Plan in CA (20,352 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20,330 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 Medline Industries, LP Retirement Plan assets move in 2023? ▼
Medline Industries, LP Retirement Plan grew sharply - up 24.9% during 2023, from $1.1B to $1.4B. Reported net income was $281M.
How have Medline Industries,LP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medline Industries,LP's sponsor-wide assets grew 45.4%, from $1.1B to $1.6B.
Where does Medline Industries, LP Retirement Plan rank by assets among Form 5500 filers? ▼
Medline Industries, LP Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Medline Industries, LP Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Microchip Technology Incorporated Savings Plan in AZ ($1.4B, 6,751 participants).
Which 401(k) plans cover a similar participant headcount to Medline Industries, LP Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chevron Employee Savings Investment Plan in CA (20,352 participants, $18.9B in assets).