401(k) · DOL Form 5500 · 2023

Mcleod Health 401(k) Plan

Data updated 2026-08-11

$710M
Total assets
9,946
Participants
98th
Percentile by assets
$71,355
Avg per participant
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Official DOL plan name: Mcleod Health 401(k) Plan · Sponsored by Mcleod Health · South Carolina · Healthcare & Social Assistance

$710M in assets, 9,946 participants

Mcleod Health's Mcleod Health 401(k) Plan reported $710M in total assets and 9,946 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #17,376 in Healthcare & Social Assistance (17,684 peers)

Coverage in South Carolina

Mcleod Health 401(k) Plan covers 9,946 participants in South Carolina, 27x the typical South Carolina plan (state average ~369 per filing). Assets: $710M.

$710M
total plan assets (2023 EOY)
9,946
covered participants
98th
percentile by assets (of 127,072 plans)
$71,355
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcleod Health 401(k) Plan reported net income rose from -$119M in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • Mcleod Health 401(k) Plan end-of-year assets rose from $589M in the plan year 2022 filing to $710M in the plan year 2023 filing.
  • Mcleod Health 401(k) Plan reported participants rose from 9,502 in the plan year 2022 filing to 9,946 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Mcleod Health 401(k) Plan reports 9,946 participants - 27x that state average ($710M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$589M
Net Assets (End of Year)$710M
Net Income$121M
Employer EIN510473500
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcleod Health)

$500M$600M$700M$800M$900M 202220232024 $589M $809M ▲ +37.3%
Total plan assets by year, all Mcleod Health plans on file
Year Plans Participants Total Assets
2022 1 9,502 $589M
2023 1 9,946 $710M
2024 1 10,211 $809M

Nearby 401(k) Plans in South Carolina

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

Mcleod Health 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Mcleod Health 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 800010000120001400016000 012345 Total assets ($B) Participants Mcleod Health 401(k)…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …Sonoco Retirement & …Blue Cross Blue Shie…
Mcleod Health 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Mcleod Health 401(k) Plan

Mcleod Health 401(k) Plan reports $710M in end-of-year assets across 9,946 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $71,355 per participant (52% of the national average assets-per-participant) . Net income for plan year 2023 was $121M.

This plan identity (EIN 510473500, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $589M to $809M (+37.3%) while covered participants moved from 9,502 to 10,211 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,502 $589M Open filing
2023 9,946 $710M This page
2024 · index core 10,211 $809M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mcleod Health 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Mcleod Health 401(k) Plan assets move in 2023?
Mcleod Health 401(k) Plan grew sharply - up 20.5% during 2023, from $589M to $710M. Reported net income was $121M.
How have Mcleod Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcleod Health's sponsor-wide assets grew 37.3%, from $589M to $809M.
Where does Mcleod Health 401(k) Plan rank by assets among Form 5500 filers?
Mcleod Health 401(k) Plan ranks in the 98th 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 Mcleod Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mettler-Toledo, LLC Enhanced Retirement Savings Plan in OH ($709M, 3,401 participants).

Filing takeaways

Ways to act on Mcleod Health 401(k) Plan's numbers.