401(k) · DOL Form 5500 · 2023

Faith Medical Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
21
Participants Small participant base
52nd
Percentile by assets National rank
$355,671
Avg per participant High balance/head
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Official DOL plan name: Faith Medical 401(k) Profit Sharing Plan · Sponsored by Faith Medical Associates, Inc. · Ohio · Healthcare & Social Assistance

$7M in assets, 21 participants

Faith Medical Associates, Inc.'s Faith Medical 401(k) Profit Sharing Plan reported $7M in total assets and 21 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #10,212 in Healthcare & Social Assistance (17,684 peers)

Faith Medical Associates, Inc. multi-year trail

Faith Medical Associates, Inc.'s plans moved +33.1% in assets from 2022 to 2024; this filing shows Faith Medical 401(k) Profit Sharing Plan at $7M / 21 participants.

#10,212
in Healthcare & Social Assistance (17,684 peers)
+20.8%
assets growth YoY

Faith Medical 401(k) Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Faith Medical 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,469,095 Top 48% higher than 52% 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

Faith Medical 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faith Medical 401(k) Profit Sharing Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Faith Medical 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Faith Medical 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Faith Medical 401(k) Profit Sharing Plan reported participants fell from 24 in the plan year 2022 filing to 21 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 341872786 · Faith Medical Associates, Inc. PY 2023 · 401(k)

Faith Medical 401(k) Profit Sharing Plan · $7M · 21 · 52nd

  • PART $7M
  • PART 21
  • PART 52nd
  • PART 401(k)
  • PART near Werth Wealth Management Profit Sharing Plan
  • PART ind #10212

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 Ohio →

Faith Medical 401(k) Profit Sharing Plan in the asset neighbourhood

Faith Medical 401(k) Profit Sharing PlanFaith Medical 401(k) Profit …$7MWerth Wealth Management Profit Sharing PlanWerth Wealth Management Prof…$7MCarbon Energy Corporation 401(k) PlanCarbon Energy Corporation 40…$7MLusamerica 401(k) Plan$7MSinopec Tech Houston LLC 401(k) Profit Sharing Plan & TrustSinopec Tech Houston LLC 401…$7M
End-of-year total assets ($M) among Faith Medical 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Faith Medical Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Faith Medical Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 33.103927771049% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6.18M $8.23M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 24 $6M
2023 1 21 $7M
2024 1 27 $8M

Faith Medical Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN341872786
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Faith Medical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Faith Medical 401(k) Profit Sharing Plan, Total assets ($B): 0.007469095 · Participants: 21Faith Medical 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Faith Medical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Faith Medical 401(k) Profit Sharing Plan side-by-side with 3 peers →

Faith Medical 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Werth Wealth Management Profit Sharing Plan in KS ($7M); by covered participants it is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Faith Medical 401(k) Profit Sharing Plan assets move in 2023? ▼
Faith Medical 401(k) Profit Sharing Plan grew sharply - up 20.8% during 2023, from $6M to $7M. Reported net income was $1M.
How have Faith Medical Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faith Medical Associates, Inc.'s sponsor-wide assets grew 33.1%, from $6M to $8M.
Which 401(k) plans are similar in size to Faith Medical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Werth Wealth Management Profit Sharing Plan in KS ($7M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Faith Medical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants, $10M 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 341872786.

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.