Profit Sharing · DOL Form 5500 · 2023

Medtec LLC Profit Sharing Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
144
Participants Small participant base
77th
Percentile by assets National rank
$178,753
Avg per participant Above avg balance/head
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Official DOL plan name: Medtec LLC 401(k) Retirement Plan · Sponsored by Medtec LLC · Iowa · Healthcare & Social Assistance

$26M in assets, 144 participants

Medtec LLC's Medtec LLC 401(k) Retirement Plan reported $26M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #14,237 in Healthcare & Social Assistance (17,684 peers)

Coverage in Iowa

Medtec LLC 401(k) Retirement Plan covers 144 participants in Iowa, about 24% of the average Iowa filer (state average ~609 per filing). Assets: $26M.

#14,237
in Healthcare & Social Assistance (17,684 peers)
+127.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Medtec LLC 401(k) Retirement Plan's outsized position by total assets

Medtec LLC 401(k) Retirement Plan vs every filed plan by assets

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

$25,740,450 Top 23% higher than 77% 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

Medtec LLC 401(k) Retirement 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. Medtec LLC 401(k) Retirement Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medtec LLC 401(k) Retirement Plan reported net income rose from -$234K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Medtec LLC 401(k) Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Medtec LLC 401(k) Retirement Plan reported participants rose from N/A in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421404269 · Medtec LLC PY 2023 · Profit Sharing

Medtec LLC 401(k) Retirement Plan · $26M · 144 · 77th

  • BOOK $26M
  • VS-ST 144
  • BOY 77th
  • SCH Profit Sharing
  • EBSA near Fiduciary Services Group 401(k) Plan
  • PART ind #14237

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 Iowa →

Medtec LLC 401(k) Retirement Plan in the asset neighbourhood

Fiduciary Services Group 401(k) PlanFiduciary Services Group 401…$26MCenter for Biological Diversity 403(b) DC PlanCenter for Biological Divers…$26MMedtec LLC 401(k) Retirement PlanMedtec LLC 401(k) Retirement…$26MHaley Automotive Group Profit Sharing PlanHaley Automotive Group Profi…$26MG and D Wallace, Inc Profit Sharing PlanG and D Wallace, Inc Profit …$26M
End-of-year total assets ($M) among Medtec LLC 401(k) Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN421404269
Plan Effective Date2022-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medtec LLC)

Sponsor-wide plan assets over time

All Medtec LLC plans reported in each filing year

Latest sponsor-wide plan assets
$30M 169.2938431395528% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $11.3M $30.5M ▲ +169.4%
Year Plans Participants Total Assets
2022 1 N/A $11M
2023 1 144 $26M
2024 1 279 $30M

Nearby Profit Sharing Plans in Iowa

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Medtec LLC 401(k) Retirement Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100200300 1015202530 Total assets ($M) Participants Medtec LLC 401(k) Retirement Plan, Total assets ($M): 25.74045 · Participants: 144Medtec LLC 401(k) Retirement PlanLiberty Pattern Company Profit Sharing Plan, Total assets ($M): 23.373416 · Participants: 13Liberty Pattern Company Profit Sharing PlanNewton Clinic, P.C. Profit Sharing Plan, Total assets ($M): 18.056441 · Participants: 42Newton Clinic, P.C. Profit Sharing PlanPalmer Lutheran Health Center, Inc. 403(b) Plan, Total assets ($M): 17.888494 · Participants: 214Palmer Lutheran Health Center, Inc. 403(b) PlanTs Banking Group Savings Plan, Total assets ($M): 17.363911 · Participants: 247Ts Banking Group Savings PlanHwh Corporation Employees' Profit Sharing Plan and Trust, Total assets ($M): 15.44722 · Participants: 82Hwh Corporation Employees' Profit Sharing Plan and Trust
Medtec LLC 401(k) Retirement Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants
Compare Medtec LLC 401(k) Retirement Plan side-by-side with 3 peers →

Medtec LLC 401(k) Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Iowa, the nearest Profit Sharing by assets is Fiduciary Services Group 401(k) Plan in DE ($26M); by covered participants it is The Bank of Commerce Profit Sharing Plan in ID (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Medtec LLC 401(k) Retirement Plan assets move in 2023? ▼
Medtec LLC 401(k) Retirement Plan surged - up 127.5% during 2023, from $11M to $26M. Reported net income was $5M.
How have Medtec LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medtec LLC's sponsor-wide assets grew 169.3%, from $11M to $30M.
Where does Medtec LLC 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Medtec LLC 401(k) Retirement Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Medtec LLC 401(k) Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Fiduciary Services Group 401(k) Plan in DE ($26M, 402 participants).
Which Profit Sharing plans cover a similar participant headcount to Medtec LLC 401(k) Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Bank of Commerce Profit Sharing Plan in ID (144 participants, $22M 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 421404269.

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.