401(k) · DOL Form 5500 · 2023
Avanos Medical, Inc. 401(k) Plan
Data updated 2026-08-11
- $287M
- Total assets
- 958
- Participants
- 96th
- Percentile by assets
- $299,742
- Avg per participant
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.
- 96th percentile by assets (of 127,072 plans)
- #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.
- $287M
- total plan assets (2023 EOY)
- 958
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $299,742
- avg assets per participant
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.
Avanos Medical, Inc. 401(k) Plan vs the 2023 asset distribution
By assets, Avanos Medical, Inc. 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $258M |
|---|---|
| Net Assets (End of Year) | $287M |
| Net Income | $29M |
| Employer EIN | 464987888 |
| Plan Effective Date | 2014-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Avanos Medical, Inc.)
| 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
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- Delta 401(k) Retirement Plan $16.2B · 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
- UPS 401(k) Savings Plan $13.1B · 102,231
- The Home Depot Futurebuilder $12.6B · 413,365
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Avanos Medical, Inc. 401(k) Plan by total assets, not by location.
- West Fraser, Inc. 401(k) Plan (TN) $287M · 2,365
- Brown & Root Industrial Services 401(k) Plan (LA) $287M · 3,100
- Green Bay Packaging, Inc. Savings and Protection Plan (WI) $287M · 1,270
- Generac Power Systems, Inc. Employees 401(k) Savings Plan (WI) $287M · 761
Frequently Asked Questions
How did Avanos Medical, Inc. 401(k) Plan assets move in 2023? ▼
How have Avanos Medical, Inc. plan assets changed over time? ▼
Where does Avanos Medical, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Avanos Medical, Inc. 401(k) Plan
Scale reading
Ways to act on Avanos Medical, Inc. 401(k) Plan's numbers.
- By total assets, Avanos Medical, Inc. 401(k) 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 Georgia. Compare plans
- Avanos Medical, Inc.'s sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Manufacturing plans