401(k) · DOL Form 5500 · 2023

Avanos Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$287M
Total assets Near avg plan size
958
Participants Near avg headcount
96th
Percentile by assets National rank
$299,742
Avg per participant High balance/head
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Official DOL plan name: Avanos Medical, Inc. 401(k) Plan · Sponsored by Avanos Medical, Inc. · Georgia · Manufacturing

$287M in assets, 958 participants

Avanos Medical, Inc.'s Avanos Medical, Inc. 401(k) Plan reported $287M in total assets and 958 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,528 in Manufacturing (18,722 peers)

Where Avanos Medical, Inc. 401(k) Plan sits by assets

Avanos Medical, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $287M for 958 participants (~$299,742/participant), up 11.2% in 2023.

#17,528
in Manufacturing (18,722 peers)
+11.2%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Avanos Medical, Inc. 401(k) Plan's outsized position by total assets

Avanos Medical, Inc. 401(k) Plan vs every filed plan by assets

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

$287,152,879 Top 4% higher than 96% 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

Avanos Medical, Inc. 401(k) 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. Avanos Medical, Inc. 401(k) Plan sits mid-pack in the medium band (958 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avanos Medical, Inc. 401(k) Plan reported net income rose from -$64M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Avanos Medical, Inc. 401(k) Plan end-of-year assets rose from $258M in the plan year 2022 filing to $287M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 464987888 · Avanos Medical, Inc. PY 2023 · 401(k)

Avanos Medical, Inc. 401(k) Plan · $287M · 958 · 96th

  • EOY $287M
  • EOY 958
  • EOY 96th
  • EOY 401(k)
  • EOY near West Fraser, Inc. 401(k) Plan
  • EOY ind #17528

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 Manufacturing retirement plans → · Plans in Georgia →

Avanos Medical, Inc. 401(k) Plan in the asset neighbourhood

Brown & Root Industrial Services 401(k) PlanBrown & Root Industrial Serv…$287MAvanos Medical, Inc. 401(k) PlanAvanos Medical, Inc. 401(k) …$287MWest Fraser, Inc. 401(k) Plan$287MGreen Bay Packaging, Inc. Savings and Protection PlanGreen Bay Packaging, Inc. Sa…$287MGenerac Power Systems, Inc. Employees 401(k) Savings PlanGenerac Power Systems, Inc. …$287M
End-of-year total assets ($M) among Avanos Medical, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$258M
Net Assets (End of Year)$287M
Net Income$29M
Employer EIN464987888
Plan Effective Date2014-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avanos Medical, Inc.)

Sponsor-wide plan assets over time

All Avanos Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$311M 20.378842058444153% vs 2022
2024 filing year
$240M$260M$280M$300M$320M 202220232024 $258M $311M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 959 $258M
2023 1 958 $287M
2024 1 869 $311M

Nearby 401(k) Plans in Georgia

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

Avanos Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Avanos Medical, Inc. 401(k) Plan, Total assets ($B): 0.287152879 · Participants: 958Avanos Medical, Inc. 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Avanos Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Avanos Medical, Inc. 401(k) Plan side-by-side with 3 peers →

Avanos Medical, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is West Fraser, Inc. 401(k) Plan in TN ($287M); by covered participants it is Fincantieri Marine Group 401(k) Retirement Plan in WI (958 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (958 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 Avanos Medical, Inc. 401(k) Plan assets move in 2023? ▼
Avanos Medical, Inc. 401(k) Plan grew at a solid clip - up 11.2% during 2023, from $258M to $287M. Reported net income was $29M.
How have Avanos Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avanos Medical, Inc.'s sponsor-wide assets grew 20.4%, from $258M to $311M.
Where does Avanos Medical, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avanos Medical, Inc. 401(k) Plan ranks in the 96th 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 Avanos Medical, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is West Fraser, Inc. 401(k) Plan in TN ($287M, 2,365 participants).
Which 401(k) plans cover a similar participant headcount to Avanos Medical, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fincantieri Marine Group 401(k) Retirement Plan in WI (958 participants, $85M 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 464987888.

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.