401(k) · DOL Form 5500 · 2023

Med-El Corporation 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
197
Participants Below avg headcount
68th
Percentile by assets National rank
$80,939
Avg per participant Below avg balance/head
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Official DOL plan name: Med-El Corporation 401(k) Profit Sharing Plan and Trust · Sponsored by Med-El Corporation · North Carolina · Professional & Technical Services

$16M in assets, 197 participants

Med-El Corporation's Med-El Corporation 401(k) Profit Sharing Plan and Trust reported $16M in total assets and 197 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #13,779 in Professional & Technical Services (20,321 peers)

Coverage in North Carolina

Med-El Corporation 401(k) Profit Sharing Plan and Trust covers 197 participants in North Carolina, about 24% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#13,779
in Professional & Technical Services (20,321 peers)
+26.0%
assets growth YoY

Med-El Corporation 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Med-El Corporation 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$15,944,908 Top 32% higher than 68% 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

Med-El Corporation 401(k) Profit Sharing Plan and Trust 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. Med-El Corporation 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Med-El Corporation 401(k) Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Med-El Corporation 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Med-El Corporation 401(k) Profit Sharing Plan and Trust reported participants rose from 173 in the plan year 2022 filing to 197 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561998501 · Med-El Corporation PY 2023 · 401(k)

Med-El Corporation 401(k) Profit Sharing Plan and Trust · $16M · 197 · 68th

  • IND $16M
  • IND 197
  • IND 68th
  • IND 401(k)
  • IND near Zehnder's of Frankenmuth, Inc. 401(k) & Profit Sharing Plan & Trust
  • IND ind #13779

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Med-El Corporation 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Zehnder's of Frankenmuth, Inc. 401(k) & Profit Sharing Plan & TrustZehnder's of Frankenmuth, In…$16MMed-El Corporation 401(k) Profit Sharing Plan and TrustMed-El Corporation 401(k) Pr…$16MProvidence Medical Group, Inc. Retirement PlanProvidence Medical Group, In…$16MHilltop Basic Resources, Inc. 401(k) Retirement Savings PlanHilltop Basic Resources, Inc…$16MFinancial Statement Services, Inc. Retirement Savings PlanFinancial Statement Services…$16M
End-of-year total assets ($M) among Med-El Corporation 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN561998501
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Med-El Corporation)

Sponsor-wide plan assets over time

All Med-El Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$18M 39.01721329522113% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $12.7M $17.6M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 173 $13M
2023 1 197 $16M
2024 1 189 $18M

Nearby 401(k) Plans in North Carolina

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

Med-El Corporation 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Med-El Corporation 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.015944908 · Participants: 197Med-El Corporation 401(k) Profit Sharing Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Med-El Corporation 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Med-El Corporation 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Med-El Corporation 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Zehnder's of Frankenmuth, Inc. 401(k) & Profit Sharing Plan & Trust in MI ($16M); by covered participants it is Rave 401(k) Plan in MA (197 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Med-El Corporation 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Med-El Corporation 401(k) Profit Sharing Plan and Trust grew sharply - up 26.0% during 2023, from $13M to $16M. Reported net income was $3M.
How have Med-El Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Med-El Corporation's sponsor-wide assets grew 39.0%, from $13M to $18M.
Which 401(k) plans are similar in size to Med-El Corporation 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Zehnder's of Frankenmuth, Inc. 401(k) & Profit Sharing Plan & Trust in MI ($16M, 392 participants).
Which 401(k) plans cover a similar participant headcount to Med-El Corporation 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Rave 401(k) Plan in MA (197 participants, N/A 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 561998501.

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.